The FHA Mortgage Migration – Buyers are searching for greener pastures

The FHA Mortgage Migration – Buyers are searching for greener pastures Since the beginning of the financial crisis in 2007 HUD’s FHA loan has been the go-to option for home buyers due to relaxed credit requirements and minimal down payment.  Over the past few years FHA has molded into an expensive unrecognizable product that essentially encourages borrowers to avoid it.  FHA has increased both the upfront MIP and yearly MIP requirements and decreased maximum loan... Read More

7 Mortgage Interest Rate Pricing Factors That You Should Know

7 Mortgage Interest Rate Pricing Factors That You Should Know 7 Mortgage Interest Rate Pricing Factors Looking for the best mortgage interest rates?  It’s time you learned how to weed out the nonsense and find the best mortgage deals around. Mortgage companies constantly bombard you with “teaser” advertisements that offer unobtainable and/or manipulated information that’s intended to draw your interest.  The advertised deal may sound fantastic,... Read More

Home Energy Ratings and Energy Efficient Mortgages

Home Energy Ratings and Energy Efficient Mortgages Feeling powerless against high energy costs isn’t acceptable anymore. If you’re in the market for a home it would be wise to order a HERS report and possibly obtain an EEM. Acronyms and programs may be a bit boring, but I assure you knowing the energy flaws of a home before you buy could save you thousands in energy costs. HERS (Home Energy Rating System) is a powerful tool you can use to... Read More

New Home Owners Checklist

New Home Owners Checklist You didn’t think your work was over did you? After waiting weeks to close, providing piles of documents, and signing countless forms the home you dreamed of is finally yours. Yes the buying process is over, but the hard work isn’t and I’ve compiled a list to help. The new home owners checklist should help guide you into a smooth transition. Change the locks You never know who... Read More