Drew Mortgage Associates - A Mortgage Company in Boston, MA

Are you the first time home buyers? Seeking for the best and suitable home loan options? There are some of the home loans available for the first time buyers. But each type of home loan has different criteria for approval. Before applying for the mortgage loan, you need to understand what your objective is, financial situation, and as per that which loan option fits you the most? Checkout: https://www.drewmortgage. com/blo...  for more information of the type of loans for the first time buyers, so that you can decide which one is the best for you.

Getting approved for a mortgage loan is no walk in the park. Credit appraisal and verification of your documentation is a foundational part of the procedure. A healthy credit score may be the single most important factor before applying for a  mortgage loan . Many of us have unhealthy financial habits which afftects your credit score. Thus, it’s extremely important to stabilize and improve your credit score. This blog will emphasize on some useful tips on how to improve your credit score before you apply for the mortgage loan.  Read More

The term Refinancing might sound confusing, it refers to replacing the existing loan on a home, with a new mortgage. The new loan will have benefits and advantages that the original mortgage did not. There are various reasons why a home owner may opt to refinance a mortgage. This post will detail what refinancing a home mortgage is, why to opt for refinancing and the benefits to you.  Read more

For first-time buyers, house hunting and buying a house can be a daunting, nerve racking and exhilarating process. While making decisions, you might overlook some important aspects that could affect the outcome of your mortgage application and or purchase. One way to make it less daunting is to avoid some common mistakes. Based on the experience of previous first time buyers, will help you avoid some common mistakes and allow you to make more informed decisions.  Read More

Maintenance and renovation of your house can be a hassle and costly affair. In addition, loans for such work are available at high interest rate. Typically, loans for such work are only available at high rates of interest, with short repayment terms, and other disadvantages. However, the  FHA 203k Rehab Loan Program  is an appropriate solution and may well allow your dream of restoring and renovating a house to materialize. This blog will help you to understand FHA 203k Rehab Loan Program, its pre-requisites to qualify and benefits.  Read More