by John Evans | Jan 29, 2016 | Mortagage Tips
What Is “Prime”? The Prime Lending Rate – sometimes just called “Prime” – is the interest rate that banks charge each other for overnight loans. Some consumer rates – like ARMs – are set in relation to Prime.In the...
by John Evans | Jan 15, 2016 | Mortagage Tips
Who is NOT required to pay the VA funding fee? This video could save some veterans thousands. VA loan applicants pay a funding fee – as of 2014, 2.15% of the total loan amount – which can be thousands of dollars. Some veterans and spouses are eligible...
by John Evans | Dec 18, 2015 | Mortagage Tips
What Steps Need To Be Taken To Secure A Loan You’ll see some pictures in this video to help you remember later, but the first step in securing a loan is to complete a loan application. To do so, you’ll need the following information. Pay stubs for the past...
by John Evans | Dec 4, 2015 | Home Selling Tips, Mortagage Tips
Yes. Like the video shows, lenders now offer several affordable mortgage options which can help first-time homebuyers overcome obstacles that made purchasing a home difficult in the past. Lenders may now be able to help borrowers who don’t have a lot of money...
by John Evans | Nov 6, 2015 | Mortagage Tips
How Are Pre-Qualifying And Pre-Approval Different? Watch this video and it’ll make sense. Pre-qualification is an informal way to see how much you maybe able to borrow. You can be ‘pre-qualified’ over the phone with no paperwork by telling a lender...
by John Evans | Jul 22, 2015 | Mortagage Tips
If you are looking to buy a home, you may want to consider shopping for a loan first. Having your financing squared away ahead of time can make it easier to be taken seriously by buyers and help move along the closing process. For those who are looking to get a...
