Weekly Review The major stock market indexes ended higher, setting new all-time highs. Mortgage Bonds were also higher for the week, surviving an action packed news week and stronger [...]
Amortization - Number of years it will take you to repay the mortgage loan in full. Banker -Â A company that originates mortgages, using their own or borrowed funds. Compliance [...]
The mortgage principal is not the sole contributor to a mortgage payment. What is in a mortgage payment consists of 4 main components: PITI - Principal, Interest, Taxes, and Insurance [...]
The Michigan State Housing Development Authority (MSHDA) is a federal tax credit issued in cnnection with the purchase of a h ome. It allows homebuyers to credit 20% of [...]
Homeownership Special Announcement from MSHDA New MSHDA Rates Effective Wednesday, July 10, 2019 RATE DECREASE will go into effect on WEDNESDAY, JULY 10, 2019. MI Home Loan no DPA 3.75% [...]
Stop waiting for your desired quality of life in homeownership! Discover the possibilities Fannie Mae and Freddie Mac offer First-Time Homebuyers! FANNIE MAE | [...]
Let's start by answering the following questions. What can you afford? We bet you'd be surprised what we can come up with when you are educated of all [...]
Lending options are somewhat narrow for prospective condo buyers. Knowing the qualifications standards upfront can go a long way toward avoiding headaches. WARRANTABLE [...]
Common Home Buyer Oversights Included is a list of common home borrower oversights made during a real estate transaction. These could potentially lead to impacts on a loan approval [...]
Surprising Benefits of Buying a Home When talking about the benefits of owning a home, especially from a mortgage professional's point-of-view, you often hear about the financial upside of home-ownership. [...]
