Qualifying for a Mortgage: The Basics to Getting Approved

Many aspiring homeowners are making the leap from renting to owning a new home. One of the biggest first steps every homebuyer needs to make is applying and qualifying for a new mortgage. According to the National Association of Realtors, 87% of recent buyers financed their home purchase1. But one of the largest pitfalls borrowers […]

What is Loan to Value Ration (LTV) and why is it important?

What is Loan to Value Ration (LTV) and why is it important? Intro 0:10 | LTV Defined 0:45 | LTV Purchase vs. Refinance 1:47 | Common LTV 1:02 | Calculating LTV 2:34 | Why LTV is Important 3:38 | Benefit of Low LTV 3:57 | Outro 4:27 Did you that a lot of people assume […]

Fannie Mae’s New Refinance Option ( REFINOW ) Now Helps Lower-Income Borrowers.

Fannie Maes new RefiNow™ option, which is available for qualifying homeowners with a Fannie Mae-owned mortgage began June 5, 2021, makes it easier for eligible homeowners earning at or below 80% area median income (AMI) to refinance at a lower interest rate and reduce their monthly mortgage payment. Are you below the 80% area median […]

What Exactly is PMI or Private Mortgage Insurance?

You might have heard the term PMI or Private Mortgage Insurance if you’re applying for a Conventional Loan and putting down less than 20% down on a home or maybe you’re like PMI “What the Heck is That?” either way make sure you watch this video as I explain what it is and how to […]

Why Refinancing is Taking So Long

Have you been thinking about refinancing your current mortgage but have heard that they are taking a long time? Do you want to know why the process is taking a long time? Then you don’t want to miss my video on Why Refinancing is Taking So Long where I go into details and give you […]

Year End Housing & Mortgage Market Update

What a record year 2020 has been in the Housing and Mortgage Market from Record low Rates to Home’s selling at record speeds. Have you been wondering what’s going on in the Housing and Mortgage Market? Then you don’t want to miss out on this video where I will bring you up to speed going […]

3 Ways to Take Advantage of the New Conforming Loan Limits for 2021

If you have ever applied for a mortgage, you may have heard your loan officer throw around the term “jumbo” or “conforming” when discussing what mortgage solutions might be best for you.  Do not worry, they weren’t talking about a “jumbo” hot dog, airplane, or a two-liter of coke. What your mortgage lender was referring […]

What is Loan to Value Ratio (LTV) and why is it important?

What is Loan to Value Ration (LTV) why is it important, and how to calculate LTV? Did you that a lot of people assume that when they apply for a mortgage, that the lender will only consider their current income, credit score and their credit history. Well that’s not 100% true and in this video […]

Real Estate and Mortgage Market News and Updates

Last updated 11/06/20 Mortgage Rates Continue to Hit Record Lows If you thought mortgage rates couldn’t go any lower? Think again. For the 12th time this year the average 30-year fixed rate mortgage hit a new record low at 2.78%. Mortgage rates have consistently been below 3% for several weeks now. [1] As a result, […]