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Showing posts from April, 2018

What Should You Expect at a Mortgage Closing

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Closing day is one of the important stages of the mortgage process. It's a day of joy because you'll become a proud property owner. It's a day every homebuyer eagerly awaits. After experiencing all the stress and anxiety, your dream home will be yours. It's the time for celebration, however, you need to keep some essential things in mind. You'll need to be prepared for the closing day. If you’re not prepared for the closing day, it can become a disaster. You don't want to overlook any details. This blog provides valuable information on : What Should You Expect at a Mortgage Closing

Leveraging the FHA 203k Rehab Loan

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It's important for you to understand what an FHA 203k Rehab Loan has to offer, so that you can benefit from the loan. You won't be able to leverage an FHA 203k Rehab Loan unless you understand every aspect. An FHA 203k Rehab Loan is a loan that has the potential to make a fixer-upper become your ideal dream home. You may have found a home that looks like your dream home, but requires restoration. This is where you can leverage the FHA 203k Rehab Loan. An FHA 203k Rehab Loan adds value to a fixer-upper.  This blog provides valuable information on : How to Leverage your FHA 203k Rehab Loan .

5 Questions to Ask Yourself Before Buying a Home

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Buying a home is the American dream and a proud moment of accomplishment and success. It's the biggest investment you'll make in your life and you don't want your decision to be wrong. There is joy and excitement when you're buying a home, however, it can be nerve-wracking too. You want to make the right decision when there is huge financial investment involved. Buying a home when market rates are high or buying the wrong home can hurt your finances and can affect you for a long period of time. Purchasing the right home at the right time can be beneficial. You may have spent long hours surfing the internet, trying to gather information about properties, which includes prices, and location. This blog provides valuable information on questions to ask yourself before buying a home. To learn more, please visit: 5 Questions to Ask Yourself When Buying a New home

Drew Mortgage Associates - Do's and Don'ts for Mortgage Payment

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It's every homeowners dream to make their final mortgage payment. As an experienced  mortgage lender in MA , we find that a lot of people have questions related to paying off their mortgage faster. Every dollar added to your regular payment each month makes a substantial difference in your principal balance. This article will help you understand some of the do's and don’ts when paying down a mortgage.  Read More at :  https://www.drewmortgage.com/mortgage-payment-dos-and-donts/

How To Qualify for USDA Home Loan

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If you’re a first-time homebuyer, a USDA loan is the best home loan, which is backed by the United States Department of Agriculture (USDA). The USDA Home Loan is provided to eligible low-to-moderate income homebuyers to encourage affordable homeownership in eligible rural areas of the United States. It comes with low mortgage rates, affordable payments, and flexible underwriting process. In this video, we will take you through the important criteria that will help you qualify for a USDA loan. https://www.drewmortgage.com/how-to-qualify-for-usda-loan/