What is a supplemental property tax bill? A supplemental property tax bill applies when there is any change in ownership or improvements that result in an increase in the value of a property. Why am I receiving a supplemental property tax bill? The most common trigger of a supplemental tax bill [...]
Borrowers Often Start with the Wrong Question Once Borrowers understand that it is the Borrower that chooses the interest rate and not the lender, the question that often follows is, "Is it better to pay more upfront cost and get a better interest rate, or take a higher rate and receive a lender credit?" The [...]
How does Interest Rate Pricing Work? Borrowers often ask the question, "What is the mortgage interest rate at today?" The correct answer to this question is that there is not a single answer to this question. Rates are dependent on many variables such as FICO credit score, Loan-to-Value (LTV) ratio, loan type, etc. [...]
Buying Foreclosure Properties My borrower clients often ask me about buying Foreclosure Properties. This is a topic I love. And people who know me, know that if you get me started on this subject, I can talk for hours about it. I have purchased countless properties in various phases of foreclosure over the [...]
Mortgage Insurance No one wants to pay Mortgage Insurance! It is a seemingly unnecessary, and certainly an unwanted additional cost to a monthly mortgage payment. So what is it, why do we have it and why do we have to pay it? In this blog post we will be covering: What is Mortgage [...]
What is Included in Closing Costs? Closing Costs. It's one of the most important questions Home Buyers want to know. “What is the total amount of money I need and when do I need it by?” It can be frustrating to the Buyer when they get different answers from different people involved in [...]
What does it mean to be a Loan Officer for you? I place a very high level of accountability in my role as a loan officer. Meaning I will be in tune with your loan and will not use the “hand-off” method for it to sit on someone else’s desk. How long have you been [...]
Question #1 Mortgage professional with expertise in sales and underwriting. Adept at building excellent working relationships with other real estate agents, lenders, appraisers, title companies, surveyors and attorneys. Dedicated to giving clients "First Class" professional service and honest advice, enabling them to make sound financial decisions in the financing and purchase of real estate.
Loans are defined to be something that is borrowed, especially a sum of money that is expected to be paid back with interest. The best kind of lender will even help you find ways to get to your goal even if you do not currently qualify for the kind of loan you’ve applied under.
