Speak with a Loan Officer (631) 389-2250
Previous   1    2    3    4    5    6    7    8    9    10    11    12    13    14    15    16    17    Next  

Recent Articles

Aug
01
2014
How to Get a Great Deal on Your Mortgage Rate
If you’re planning on buying a home in the next few months or years, you might be overwhelmed by the number of different interest rates that seem to be constantly fluctuating.  What you might not know is that your mortgage rate is mostly determined by personal factors and your...
Jul
25
2014
Get Rid of PMI for Good
If you own a home and are currently paying private mortgage insurance, you are most likely trying to figure out ways to remove it from your expenses. As you may know, PMI is exclusive to Conventional loans, and is applied when you put forth a down payment that is less then 20%. Here are some...
Jul
18
2014
What Is Home Equity?
If you’re a current or future homeowner, you’ve most likely heard the term “home equity” being thrown around.  So, what is it?  Essentially, home equity is the amount that differentiates the home’s value and how much the borrower owes....
Jul
10
2014
What's the Difference Between Government and Conventional Loans?
What's the difference between conventional and government loans? The main answer is simple, but the program disparities can be radical. In short, a conventional loan is not insured by the government, and a government loan is insured by the government. Both types of loans have...
Jun
27
2014
I Submitted My Mortgage Application, Now What?
Mostly, the answer is: wait. Once you have completed your mortgage application, it will be processed by the loan underwriting department. Your application will be thoroughly reviewed by underwriters in order to assess whether or not you qualify for the loan. This process can take up to...
Jun
19
2014
How Mortgage Borrowers May Benefit from Rapid Rescoring
Credit scores are one of the biggest factors contributing to the mortgage interest rate you receive and loan types for which you can qualify. When you apply for a loan, lenders will check your credit scores by pulling credit reports from the three central credit bureaus: TransUnion,...
Jun
17
2014
What is Mortgage Escrow?
If you own a home or are trying to own a home, you’ve probably heard the term “escrow” thrown around. So what is it? Let’s delve right in: What is Escrow? Escrow is an account that lets a borrower gradually accumulate money for property taxes and...
Jun
06
2014
What are Lender Credit Overlays?
If you have been shopping around for a mortgage, you may have noticed that different lenders will give you different quotes and have different requirements.  This is due to the fact that lenders have different thresholds for risk depending on past experiences and current...
May
30
2014
Spelling Out Commonly Confusing Mortgage Acronyms
When you’re applying for a mortgage, there are so many terms that you’ll hear being thrown around in your lender’s office, and many can be confusing. We’ll try to shed some light on some of these mortgage acronyms: GFE GFE stands for Good Faith...
May
30
2014
What is Mortgage APR?
When you are looking for a mortgage, your lender is required to inform you of the APR and the interest rate.  Your APR is a crucial factor regarding what loan is the best loan for you. What is APR? APR stands for Annual Percentage Rate, which is the number used to compare...
Previous   1    2    3    4    5    6    7    8    9    10    11    12    13    14    15    16    17    Next