Your AirBnB Income Can Help You Refinance Your Mortgage

Your AirBnB Income Can Help You Refinance Your Mortgage

Did you know that your AirBnB rental income can help you qualify for a refinance loan? In the past using any rental revenue from your “primary residence” was not acceptable on mortgage applications. However, starting in 2018 mortgage governmen

Apr 19, 2022 | Refinancing a Home

How to Make Your VA Loan Competitive in a Hot Market

How to Make Your VA Loan Competitive in a Hot Market

In the red hot housing market of the past few years, sellers usually have multiple offers, often getting more than their listing price. If you are using a VA loan to back your purchase you may worry that sellers might choose conventional-loan-backed offer

Apr 12, 2022 | VA Loans Purchasing a Home Refinancing a Home

What You Need to Know About FHA Loans in 2022

What You Need to Know About FHA Loans in 2022

It’s a new year and a new chance for many people to become homeowners. There are several mortgage products that are designed for first-time buyers; the FHA loan is especially helpful. Here’s what you need to know about them and the changes that have been

Mar 22, 2022 | First-time Homebuyers FHA Loans Purchasing a Home Refinancing a Home

One Extra Mortgage Payment Per Year Can Add Up to Big Savings

One Extra Mortgage Payment Per Year Can Add Up to Big Savings

When you bought your home, you (hopefully) qualified for a mortgage that you could afford and if you stay on top of it monthly, you’ll own your home free and clear in 30 years (or less, depending on your loan terms.) Making extra payments may not even hav

Feb 16, 2022 | Refinancing a Home Homeowner Tips

What are Mortgage Origination Fees?

What are Mortgage Origination Fees?

As a first-time homebuyer, there may be many mortgage terms that may sound foreign to you. For example, when you start looking at interest rates offered by mortgage brokers, they will often be accompanied by a “points” or “origination fe

Dec 15, 2021 | Purchasing a Home Refinancing a Home Mortgage Basics

Should I Ever Consider a Balloon Mortgage?

Should I Ever Consider a Balloon Mortgage?

The typical mortgage loan lasts 30 years and is amortized equally over that entire period, so that the borrower makes consistent payments, including both interest and principal. The last payment pays off the loan. However, there is a type of loan called a

Nov 17, 2021 | Refinancing a Home Purchasing a Home Conventional Loans

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