Blog : Mortgage

Empowerment through Education
Nov 27, 2019
So you’re about to Refinance your home- nice! There are many things to consider before moving forward. Most Borrowers tend to lose sleep over their credit scores, job history, amount of income, etc.. However, one of the most overlooked variables in determining mortgage eligibility is the Borrower’s DTI (Debt-to-Income ratio). As a matter-of-fact, DTI’s are the #1 reason Mortgage applications ge...
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Nov 26, 2019
Perhaps you’ve heard the term “Lock In” regarding Mortgage Interest Rates. It sounds like a big, and perhaps scary, commitment- no? No worries! (And no need to get cold feet.) We’ll explain why Locking In that Mortgage Interest Rate isn’t as big of a step as one may think.   What happens when you lock it in? Locking In the Mortgage Interest Rate is one of the earlier steps taken when securing a...
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Nov 25, 2019
There are many reasons to consider refinancing your current Mortgage (and many of which can be to your benefit). We’ve created a list of some of the most common (and some of the best reasons) to Refinance.   Lowering monthly paymentsPerhaps you’ve gone over your budget and realized you’d be more comfortable with paying less monthly. This is where Refinancing may get a chance to shine! By shop...
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Nov 22, 2019
Are you happy with your current Mortgage? Or do you need cash now? If you have specific fiscal goals you'd like to meet, you may want to consider Refinancing your Mortgage.   So you're probably wondering… "What the heck is Refinancing?" Does this mean I'm taking out a second loan?? No, it doesn't! We'll clarify the term…   Refinancing occurs when you get a new mortgage to replace the original M...
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Nov 21, 2019
Thinking of Refinancing? Before a Mortgage Lender will issue you a Mortgage Loan, they need to get an idea of what you can afford. One of the most telling ways for a Lender to get a glimpse of your affordability is by going over the last year or two (depending on the employment or loan type) of Tax Returns as well as other requested Financial Documents (These may include bank statements, pay st...
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Whether you own a home, starting the home-buying process, or getting your feet wet with knowledge – We'll keep you up-to-date with relevant posts packed with tips and advice. Our home loan experts bring you engaging and useful posts each week.