Helpful Mortgage And Real Estate Advice

Tag: mortgage approval

Low Mortgage Rates Adding to Purchase Loans

By on September 2, 2014 in Mortgage Rates
Low Mortgage Rates Adding to Purchase Loans

Purchase home loans are increasingly high today, exceeding that of refinance loans. Mortgage rates are lower than they have been the past year and U.S. lenders are seeing more interest in purchasing rather than refinance, as much as two-thirds for the month of June. Ellie Mae Confirms Home Sales Increase Based on Numbers of Loans […]

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Quick Mortgage 101

Quick Mortgage 101

With several mortgage programs to choose from, this can be a difficult task at hand for anyone who isn’t too familiar with the difference between each one. Varying from government endorsed programs to conventional, you will find that one of the two types is best suitable for you or what you may only be able […]

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Credit Clean-Up Tips to Help Obtain Mortgage Approval

By on March 3, 2014 in Home Buying Advice
Credit Clean-Up Tips to Help Obtain Mortgage Approval

As result of a stark increase in mortgage interest rates and fees, it has become essential to have the highest credit score possible when applying for financing. Any score below 740 (as set forth by Fannie Mae guidelines) carries far greater risk, and prospective borrowers will pay higher interest rates and fees. With a credit […]

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