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    Next  

Recent Articles

Apr
18
2014
5 Common Mortgage Misnomers and Misconceptions
Sometimes, it's hard to know exactly what a lender is referring to because so many mortgage terms sound similar. However, these terms usually mean drastically different things within the mortgage industry, and many are not related to each other in a technical sense.  Here,...
Apr
10
2014
Conventional Loan FAQ
A conventional loan is any type of mortgage loan that isn’t guaranteed by the federal government. When you have a conventional loan, it’s either conforming or non-conforming. A conforming conventional loan follows the guidelines as set forth by Fannie...
Apr
10
2014
Pre-Qualification Versus Pre-Approval
There are two forms of proof you can obtain from your lender that show real estate agents and sellers that you’re financially prepared to buy a home. Learn the differences between each so you can make a solid decision as to what’s going to add to your buying power...
Apr
10
2014
Repairing Credit After Bankruptcy
If you’ve gone through a bankruptcy, you know that it represents a complete turning point in your life. You’ll likely be extremely conscious of how much money you spend in your daily life and how it affects all the other aspects of your life. If you want to repair...
Apr
07
2014
Documents Needed for Mortgage Loan Approval
Underwriters are following more stringent terms than ever, and so lenders will require many documents from you in order to evaluate your mortgage qualification. But lenders also want your business, so while collecting the following may be tedious, help your mortgage company...
Apr
03
2014
When You're Not Ready for a Mortgage
You may think you're ready to get a mortgage - you've been reading up on mortgages, saving money, and working on your credit score.  However, due to a series of recent policy changes, the "ideal borrower" profile became seriously specific. Therefore, some of...
Apr
03
2014
Calculating the Costs Needed for Your First Home
If you're a first time homebuyer, you are probably eager to figure out exactly how much home you can afford.  When you are pre-approved, you will receive a general idea of that monetary range from your lender, but it's always a good idea to do some calculations on your own...
Mar
27
2014
Is the Subprime Mortgage Market Rebounding?
During the onset of the housing crisis, bad credit borrowers weren’t allowed to get close to obtaining a mortgage loan.  Now, a small number of lenders are once again offering subprime mortgages to borrowers with a credit score less than 640 - some will finanance loans in...
Mar
27
2014
Loans for Home Improvement
What is FHA 203k? The FHA 203k Loan is a subset of the FHA Loan that provides funds to be used for home improvement/renovation in addition to being a regular mortgage.  The FHA 203k loan allows people to have a home equity loan and a home loan all in one, instead of having to take...
Mar
26
2014
Could You Use a Second Home?
Why buy a second home? Homeowners enjoy the extra space and versatility a vacation home can offer, need to host dependents or family, or sometimes need to accommodate a consistent business travel schedule. Before you decide to apply for a second mortgage, educate yourself about the...
Previous   1    2    3    4    5    6    7    8    9    10    11    12    13    14    15    16    Next