Drew Mortgage Associates - A Mortgage Company in Boston, MA

Are you contemplating buying a luxurious home, but insufficient funds to finance it, is making it seem impossible? A jumbo loan is the answer to this: with a higher loan amount than traditional options, you can make your dream come true. Let's understand the requirements and qualifications that are necessary to be eligible for a jumbo loan.  Read More

A VA Mortgage loan comes with myriads of benefits such as waiver of down payment and other fees, additional charges, reduction in paperwork, hassle-free process, security by the government, etc. While this benefit has been extended to veterans and their surviving family, here's a complete guide on what benefits a person qualifying for VA Mortgage loan can enjoy.  Read More

A Veteran Affairs Home Loan alias a VA Home loan is approved by the Department of Veterans Affairs to help veterans and their surviving families deal with challenges while buying a home. There are various benefits offered such as no down payment, flexibility in interest rates, relaxation on closing costs, no requirement of mortgage insurance, etc. https://www.drewmortgage.com/blog/your-complete-guide-to-the-va-home-loan/

Getting approved for a mortgage loan can be a herculean task for a first time home buyer and some mistakes might entail his application form being rejected. Some of the top reasons are having a bad credit history, not having proper documentation, appraisal issues with the property, aiming for low down payment, unsatisfactory income, etc. To overcome these problems, it is advisable for the buyer to seek professional help from a suitable mortgage agency.  Read More