Lending Expert Blog

June 25, 2021

When To Refinance A Mortgage, Tucson, AZ? (Important Things To Consider)

To refinance a mortgage, Tucson, AZ, means involving some great deal of money. Therefore, doing a careful evaluation is necessary so that your loan application will not go down the drain. The goal is to ensure that you are on the right track in your refinance application to avoid financial pitfalls associated with your mortgage refinancing decision. Now, the question is, what are the things to consider when you refinance a mortgage, Tucson, AZ? Here are some scenarios that justify your refinance application. When you see a great deal on interest rates If there is a significant decline in mortgage interest rates in the market, it could be the best time to refinance your mortgage. The rule of thumb is […]
June 24, 2021

Home Refinance, Fort Worth, TX – When Does It Make Sense?

Home refinance, Fort Worth, TX, needs careful evaluation. After all, any mortgage transaction can involve a serious amount of hard-earned money that should not go down the drain. The goal is to ensure that you are on the right track in your refinance application and avoid financial hurdles along the way associated with your refinancing decision. When does home refinance, Fort Worth, TX, make sense? Here are some scenarios that justify refinancing is, indeed, the way to go. When you want to secure a lower interest rate If there is a significant reduction of mortgage interest rates in the market, it could be the best time to refinance your mortgage. The rule of thumb is that if you spot a […]
June 23, 2021

Looking For The Best Mortgage Lender, Orange County, CA? Here Are Some Tips

Orange County is a vibrant region in Southern California that offers lots of opportunities for both business and leisure purposes. That is why more and more people are moving into the city for good, which also explains why there’s a pattern of continued increase in mortgage applications. But with so much information about mortgages you can find on the internet, it can be a daunting task to find the best mortgage lender, Orange County, CA, that can give you a great deal. Here are some tips that you may find helpful in the search for the best lender in the market today: Find local mortgage service providers – why choose a local service provider? Because that means you are working […]
June 22, 2021

How To Find The Best Loan Broker, Tampa, FL

Tampa is a vibrant city that offers lots of opportunities for both business and leisure purposes. That is why more and more people are moving into the city to relocate for good, which also explains why there’s a continued spike in mortgage applications. But, with so much information about mortgages on the internet, it can be a daunting task to find the best mortgage deal in town. A highly qualified broker can be a big help to find one that suits a borrower’s unique need. If you are applying for a mortgage loan and you are looking for the best loan broker, Tampa, FL, to help you navigate the process, here are some tips you might find helpful: Find local […]
May 28, 2021

Ask These 3 Key Questions Before You Go For Home Refinance, Cape Coral, FL

Refinancing your home can be a viable instrument to improve your financial situation. It can help save you money or make paying your monthly bills easier. But the fact remains that refinancing is not for everyone. Thus, before you sign on the dotted line, it is crucial to ask these questions to determine if going for a refinance makes sense, given your financial situation. Q 1: What are my goals? Many people choose home refinance, Cape Coral, FL, because of lower interest rates, but there are other reasons apart from that. For instance, do you want to lower your monthly bills? Do you want to shorten the term of your loan by refinancing to a 15-year mortgage from 30? Do […]
May 27, 2021

Qualifying For FHA Loans, DFW, TX

Contrary to conventional mortgage loans, FHA loans, DFW, TX, are government-backed loans. In other words, the Federal Housing Administration guarantees them. These loans are popular with first-time homebuyers for several reasons. For instance, they require lower minimum credit scores; for another, they accept a minimum down payment compared to conventional loans. To be eligible for an FHA loan, you must meet the following lending guidelines: Your FICO score is between 500 and 579 with 10 percent down or a FICO score of 580 or higher with 3.5 percent down. You have a verifiable employment history for the last two years. You can provide proof of income, which is verifiable through pay stubs, federal tax returns, and bank statements. You intend […]
May 26, 2021

Here’s How To Get A Certificate Of Eligibility For VA Loans, Scottsdale, AZ

Do you qualify for VA loans, Scottsdale, AZ? If so, you can obtain a mortgage without the need to pay for a down payment or having to pay for mortgage insurance. However, you are required to obtain a VA loan certificate of eligibility before you can apply for this type of loan. The certificate of eligibility, more commonly known as COE, is the first step toward getting a VA loan. The U.S. Department of Veterans Affairs issues the said certificate, which serves as evidence that you, indeed, meet the requirements to be eligible for VA loans, Scottsdale, AZ. Obtaining a VA loan COE There are three main options for getting your certificate of eligibility. You can choose from the following: […]
May 25, 2021

3 Important Questions To Ask Before Choosing A Home Refi, Riverside, CA

Refinancing a mortgage can be a viable tool to improve your financial situation. It can help save you money or make paying your monthly bills easier. But the fact remains that mortgage refinancing is not for everyone. So before you sign on the dotted line, it is imperative to ask these key questions to decide if going for a refinance makes sense, given your situation. Q1: What are my goals? Many people go for a home refi, Riverside, CA, because of the low interest rates offered, but there are other reasons apart from that. Do you want to lower your monthly bills? Do you want to shorten the term of your loan by refinancing to a 15-year mortgage from 30? […]
April 30, 2021

Should You Work With A Mortgage Broker in Mission Viejo?

One of the questions that many borrowers have in mind is this: should I work with a mortgage broker, Mission Viejo? The general answer is: If you want to increase your chances of getting the best deal in the market, you might want to consider working with a broker. But more specific answers on why you should work with a mortgage broker, Mission Viejo, are the following: To get a better rate. Getting a better rate is considered the biggest reason why you choose to work with a mortgage broker. Brokers have access to wholesale mortgage products that are usually not available to the general public. In other words, they can get you better interest rates than when you work […]
April 29, 2021

Types of VA Loans, Pensacola – Consider Your Options

VA loans, Pensacola, are a type of mortgage loan guaranteed by the U.S. Department of Veterans Affairs and issued by a private lender, such as a mortgage company, a bank, or credit union. If you are an active-duty military member, a veteran who meets the length-of-service requirements, or a surviving spouse of a service member who died in the line of duty, you can be eligible for this type of loan. If you are indeed eligible, the next thing you need to know is the types of VA loans available. Depending on your unique situation, you may pick from the following options: VA purchase mortgage – no down payment required; this can help you buy, build, or improve a home. […]