Josh

Best asset— your credit history, not score, will get you the loan

Since the implementation of stricter loan terms and guidelines, the mortgage industry has never been more wary of possible losses or bankruptcies. Not only are lenders holding tighter reins on loans but borrowers are finding it exceedingly more difficult ... Read >

When to Lock or to Float Your Mortgage

For most people, especially borrowers, the deciding factor over locking or floating a rate depends on the length of closing. This mainly has to do with the inconsistency of today’s rates. For the past several months, rates have been historically low and f... Read >

Common Mortgage Mistakes All Borrowers are Tempted to Make

Even with foreclosures, bankruptcies, and financial crises on the rise, borrowers are still attempting to go beyond their financial limits when they qualify for a home loan. This is the top-of-the-list worst mistake a borrower can make. Here are some... Read >

Pay Your Loan Off Early and Live Debt Free

Want to live debt free? Paying off your home mortgage loan early can make this dream come true. There are many benefits for paying off your loan early. The biggest perk is a weight off your shoulders. Not having a mortgage payment each month can relieve l... Read >

Adjustable Rates Are Not So Scary.

Adjustable rate mortgages, or loans with fluctuating rate changes, are not as frightening as you may think. The common fear is that the rate will change and become impossible to handle. For this reason, many people choose a Fixed Rate Mortgage instead whi... Read >

Is a USDA Loan Right For You?

People are often overwhelmed by the many different types of loans available today. Are you contemplating buying a property? If you have an idea of what you are looking for and your desired price range, consider a USDA Loan. USDA Loans are supported by ... Read >

Refinance Now, While Rates Are Low

Mortgage rates are still low, but it is unknown how long they will last. The government has played an active role in the housing market over the past year, and they have kept the market from completely falling apart, while building it back up. Now that ma... Read >

3 Tips To Get The Most Out Of A Home Appraisal

Before deciding on a sales price for your home, get a home appraisal. This will provide the market value of the property, and it will also provide a reasonable foundation to determine your asking price. Here are a few tips to ensure the highest value poss... Read >

4 Tips for Saving Money When Refinancing

Homeowners all over the country are taking advantage of the continuous low rates the market has been experiencing these past several months by refinancing their home loans. Refinancing creates additional cash for purchases such as new energy efficient app... Read >

The Future of Lending in the United States

The housing boom in America opened doors of opportunity to purchase homes that many could not afford, lasted many years and significantly increased the homeownership rate in the States. Credits were extended past borrowers' means by lending institutions, ... Read >

New Mortgage Help from the Obama Administration

After months of discouraging news on the state of the housing market, a new initiative unveiled by the Obama administration on Oct. 19 may just be what Americans need these days. The initiative is designed to support new lending among state and local hous... Read >

Loan Modification Program— Six Months Later

The federal government's Making Home Affordable (MHA) program helps people facing foreclosures. It has two primary programs: the Home Affordable Refinance Program (HARP), designed to help homeowners who are current on their mortgage payments but owe more ... Read >

Before You Buy: Do's and Don'ts to Foreclosed Property

Owning a home is every American's dream, and one of the ways that many Americans realize this dream is by buying foreclosures. A foreclosure happens when a homeowner is not able to pay the mortgage fees on the property and is therefore, forced to give up ... Read >

Effect of Unemployment in Mortgage Delinquencies

The economic crisis that affected the United States, and other parts of the world has caused many people to lose their jobs. The unemployment rate continues to rise, and immediate solution is not in sight. Joblessness can affect several aspects of a pe... Read >

Growing A Successful, Green Business

In today's world, more and more people are becoming more conscious of their environment. As a result, more businesses are adopting environmentally friendly business practices, like becoming a sustainable, green business. However, even with all the advanta... Read >