Mortgage
What are rates doing? I’m sure everyone has heard that the government ‘raised the rates’. Or, did you hear that they are ‘sinking’? Wait. They are up and going down? How is that possible? Who’s right here? …
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Rates Going Up We’ve all heard it a million times. “Rates are going up…buy now!” Most people are numb to that expression by now (pun intended). So here’s a quick explanation about rates and why it may make sense to buy sooner…
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The Ten Commandments When Applying for a Real Estate Loan Thou shalt not change jobs, become self-employed or quit your job. Thou shalt not buy a car, truck or van (or you may be living in it)! Thou shalt…
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AM I IN A POSITION TO BUY A HOME? I cosigned for someone on a car and it got repossessed – so what I have a bankruptcy – ok…still in the ballgame I had to foreclose on…
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HIGHLIGHTED DOWN PAYMENT ASSISTANCE PROGRAM – Home in 5 (Hi5) For those with minimal to no down payment, wait no longer to buy a home! Government funds are available to help. Get 3% of the sales price to use…
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TRID DISCUSSION {TILA RESPA INTEGRATED DISCLOSURE} *Everything will take more time. *Set expectations with your Sellers. No more 30 day or less closings. Minimum should be 45 and 60 is better. *Explain to both parties that final readings for…
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Will TRID make it more cumbersome for all parties involved? TRID – Is it really so bad? How can I prepare? Everyone is worked up about TRID. It goes into effect October 3rd and has been likened to…
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