February

February 26, 2021

Home Refinance, Orlando, FL – When Does It Make Sense?

So, home refinance, Orlando, FL, is trending? Just because it is a hot topic does not mean you jump on the bandwagon. Remember, mortgage refinancing involves dealing with a handsome amount of money. It can impact your life for years, so you should do it the right way. With the help of a highly qualified broker, you can determine whether it is the right time to apply for refinancing. But when does it make sense to go for home refinancing? It does make sense if your goal is any of the following: Securing a lower interest rate Securing a lower interest rate is one of the most common reasons why many apply for refinancing. If, for instance, you can reduce […]
February 25, 2021

Mortgage Broker, Irvine, CA – Benefits, Duties, Fees

We often hear the line saying, “a mortgage broker can make you broke.” But that isn’t true. While you pay for the fees associated with the services that a mortgage broker, Irvine, CA, provides, the benefits far outweigh the charges. Here are some of the reasons why: Doing the legwork A mortgage broker, Irving, CA, is a licensed and regulated professional, serving as an intermediary who connects borrowers to lenders to seek out the best fit relative to the borrower’s unique financial situations. The job can involve plenty paper works, including the review of your financial information and documentation – income, assets, employment records, credit reports. Mortgage application assessment Like in any other application that involves some serious amount of […]
February 24, 2021

VA Loans, El Paso, TX – Why Applications Continue To Climb Despite COVID-19

Despite the worldwide havoc brought about by the COVID-19 pandemic, the applications for VA loans, El Paso, TX, continue to climb. In 2020 alone, the US tallied 1.2 million VA-backed loan originations – a whopping 11.4% increase from 2019. There are several reasons why the applications for VA loans, El Paso, TX, continue to soar, including the following: Reason #1: Blue Water Navy Vietnam Veterans Act of 2019 This new legislation went into effect on January 1, 2020, and has been considered one of the primary drivers why VA loans became more appealing in 2020. And why not? The law crosses out loan limits for most borrowers. Unlike before, VA borrowers who exceed maximum loan amounts do not need to […]
February 23, 2021

Home Loan Tucson, AZ – Factors Affecting Interest Rates

Are you planning to buy a new home and looking for a great deal on a home loan, Tucson, AZ? There are several considerations that you need to take into account to get the best offer available in the mortgage market. In this post, let us focus our discussion on several factors that affect interest rates. Get a good grasp of how these things play a role in your application for a home loan, Tucson, AZ. Credit score Credit scores typically range from 300 to 850. Of course, the higher your credit score, the better deal you can get. Mortgage experts recommend that borrowers should aim at credit scores 760 or up to qualify for the best interest available. So, […]