One of our New Year’s resolutions for 2017 is to get out and take in some of the great things to do in Southern Oregon. You know those things that are right there before you, but you don’t seem to get to? Here are five on our list… Read MoreRead More
Higher loan limits, lower home prices, low down payment and lenient underwriting requirements have made these government-insured loans a more secure opportunity for homeowners to obtain high loan to value mortgage financing.
Here are seven things to know about getting an FHA loan today… Read MoreRead More
Happy New Year 2014! While the recovering economy gives prospective buyers plenty of reasons to cheer—better job security, a raging stock market and rising home values— the clock will be ticking for buyers who want to grab a low mortgage rate in 2014. But if you stay on your game, keep your finances in order and act quickly, you can still grab attractive mortgage deals. Here are a few tips to assist you on obtaining your next mortgage loan. -Document your finances. -Keep good records of all of your finances including bank statements, tax returns, W2s and paystubs. Be ready to explain any unusual deposits….yes, the $500 that Grandma deposited in your account for Christmas could delay your closing if you cannot explain where the money came from. -Take good Care of your credit. -You need decent credit to get a decent mortgage loan; lower scores from poor credit will mean higher rates and higher costs. Don’t overspend. -2014 brings new lending guidelines and your debt to income ratio will...Read More