Welcome to Mortgage Mondays!   We will share up to date mortgage market information and news every Monday.   You need a mortgage loan and in your search you’ve encountered mortgage lenders, banks, credit unions, and mortgage brokers.   Is there a difference? You’re not really sure.   Let’s start by addressing the elephant in the room. I of course would be partial to mortgage brokers because I am one. However, setting aside the... [read more]

Although the idea of buying your first home is exciting, the reality can be another thing altogether. Whatever age you are as a first home buyer, the struggle is real. When it comes to saving for a down payment and closing cost, finding the property you want within your budget and being able to pay the mortgage, our brains go into struggle mode. Don’t give up just because it seems hard. It is possible and if you follow these tips and stay committed to your goals, you too can become a... [read more]

While it is commonplace for consumers to think you can’t buy a home with bad credit. That is not an altogether true statement.   You may need to provide a written explanation in regards to your credit issues, have a higher down payment requirement, a slightly higher interest rate, or jump through a few more hoops in general,  but you CAN buy a home.   If you are willing to do the work you can  realize your dream of homeownership and start building wealth... [read more]

Happy Mortgage Monday.   If you're tired of renting and would like to buy a home to start building wealth for you and your family. But you’ve found saving for a down payment to be an obstacle. Keep reading this article is for you.   YOU DO NOT NEED A 20% DOWN PAYMENT   You don’t need a huge down payment to get a mortgage. Nor do you need a very high income or credit score. There are many low down payment home loan programs out there that make... [read more]

That new car or almost new car smell is intoxicating. So intoxicating that you may forget to smell the roses.   While a car salesman may tell you they can get you approved for that new or slightly new luxury car. At no time will you see a disclosure or receive a word of caution that financing that car could hurt your future chances for buying a home. At no time will anyone tell you that it's possible you could be stuck for  for the several years building wealth for your... [read more]