You Don’t Have to Overpay For Your First Home

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February 13, 2018…A typical first-time home buyer pays thousands of dollars more than an experienced buyer would pay for the same house, according to research from two housing economists. First-time buyers overpaid an average of about $2,200, or 0.79%, for their homes, according to senior economist Jessica Shui and economist Shriya Murthy of the Federal… [Read More]

VA Loans

February 12, 2018…Here you’ll find long-term insurance-free VA home loans that are guaranteed by the United States Veterans Administration. Bank of England Mortgage offers affordable, easy-to-understand VA Home loans in recognition of the contributions and sacrifices veterans have made for America. Whether you’re buying your first home, refinancing your existing mortgage, or thinking of building… [Read More]

***Public Service Announcement***

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January 29, 2018…KNOW YOUR LOAN OFFICER. One of the main issues when I got in the industry back in 2004 was who was, and who was not, a professional loan officer. What does that even mean? Well the creation of the NMLS (NATIONWIDE MULTISTATE LICENSING SYSTEM / NATIONWIDE MORTGAGE LICENSING SYSTEM AND REGISTRY) as a… [Read More]

13 Things Homeowners Should Do Immediately To Save Money

January 24, 2017…So you’re one of the lucky 2/3 of Americans who own a home and no longer have to pay rent. That’s great, but by no means is home ownership cheap. With the rising costs of living, finding ways to save money is something that everyone should do. Here are 13 things to do… [Read More]

What Do Mortgage Lenders Review on Bank Statements?

JANUARY 24, 2018…Know which financial weaknesses stand out to lenders so you can strengthen your chances of loan approval. Trained to spot financial mismanagement, mortgage lenders take careful time to review your finances before approving or denying you for a home loan. The role of the lender in approving a loan is to make sure… [Read More]

Get Smart on Down Payments

Picking the right house is just one of the big decisions you’ll face when buying property. Deciding on the down payment is another. Low inventory in some national markets continues to pressure potential buyers into making bigger down payments to gain a competitive edge. But the possibility of rate increases in the coming year and… [Read More]

Resolve to slim down your credit cards in 2018

When credit card debt from last year’s unexpected twists and turns follows you into the new year, you’re not necessarily stuck with an interest payment. If you have good credit, you might qualify for a balance transfer credit card. Balance transfer cards allow you to move high-interest credit card debt to a low-interest credit card… [Read More]

6 New Year’s resolutions for new homeowners

We all make New Year’s resolutions, but let’s be honest: Most are wishful thinking. By February, that “lose 20 pounds” or “learn Spanish” resolution has gone right out the window. But not for you, new homeowner. This year is different. Your first 12 months of homeownership set the tone for the entire journey. With just… [Read More]