Buying a Home with Zero Money Down

It is a widely held belief that you need to put 10-20% down to buy a house. The truth is, you can buy a house with as little as ZERO down payment, and if you have the right programs in place, you can get into your own home with ZERO OUT OF POCKET! If you… Continue Reading

Impact of COVID-19 on the Mortgage Industry

By now, we are all aware of the impact of the novel coronavirus “COVID-19” on our lives. Travel is restricted, businesses are closed, many are quarantined, and when we do go out, many of us wear face masks and stay at least six feet from other people. But what has the impact of COVID-19 been… Continue Reading

What Are Jumbo Loans?

If you’re wondering why mortgages seemingly come in sizes, like tubs of popcorn at a movie theater, you’re not alone. A jumbo mortgage refers to a loan amount that’s higher than the conforming or high-balance loan limit for a particular county. Presently, Fannie Mae and Freddie Mac set the maximum loan amount threshold for the… Continue Reading

What to Do When Your Appraisal Runs Into Problems

Earlier this summer, a friend of mine was looking to buy a house and although their Realtor assured them that it was a slam dunk and everything was fine with their paperwork and they had a legitimately significant down payment, there were complications. In fact, their appraisal came in a little over eight percent short.… Continue Reading

6 Ways to Prepare for Your Conventional Loan Application

When you think of the word “conventional,” I know it brings to mind images of things that are considered “normal” or “standard” in our culture. That kind of thinking has caused a great deal of confusion among mortgage-seekers for a very long time because a Conventional mortgage isn’t the default choice for many buyers. For… Continue Reading