Getting Ready To Buy

Why do I need a Mortgage Broker?   Why can’t I just walk to into my bank and get a mortgage? Bank X is offering no cost loans, you can’t compete with that! The reality of it is, yes I can. Life is not always simple and straightforward, like many of these vanilla mortgage products …

Getting Ready To Buy Read More »

Choosing a Loan Program

The right type of mortgage for you depends on many different factors. There isn’t a single or simple answer to this question. The right type of mortgage for you depends on many different factors: Your current financial picture How you expect your finances to change How long you intend to keep your house How comfortable …

Choosing a Loan Program Read More »

Your Total Mortgage Payment

Your monthly mortgage payment typically is made up of four components: principal, interest, taxes and insurance, together known as PITI. The principal refers to the part of the monthly payment that reduces the remaining balance of the mortgage. The interest is the fee charged for borrowing money. You can determine the amount of principal and …

Your Total Mortgage Payment Read More »