Can I Qualify For A Mortgage BEFORE I Start My New Job? So you’re starting a new job, but you want to buy a house and you haven’t started the job yet. You might be wondering, can I use that income from the job that I’m starting in the future? We get this question quite…

What happens at that moment where you sign the paperwork and become a homeowner? Basically there’s a couple things to mention leading up to your closing day that are very important to keep in mind: The first of which is that you’re going to receive a disclosure that has to arrive to you at least…

How Does A Stock Market Drop Affect Mortgage Rates? In case you didn’t notice, the stock market has taken a bit of a dip. It’s gone down a little bit, and I want to talk about how stock market drops affect mortgage rates. Now, if you have investments in the stock market, and you’re worried…

What is the adverse markets refinance fee? The adverse markets refinance fee is a fee that was imposed on the American public by the Federal Housing and Finance Agency. This is the agency that oversees mortgages, conventional mortgages specifically, across the country. What they did is they announced last week, this is August, 2020, that…

I’m going to answer that question today in today’s tip of the week, because we get this question every day in our office. Does it make sense to get going right now or to wait? Rates might go down in the future, but we don’t have a crystal ball. We don’t know if rates are…

Do you have to pay capital gains when you sell a home? I get this question a lot as a mortgage planner so I’m going to attempt to answer that today in today’s tip of the week. Before I get into this question, I want to preface this by saying that I’m not a tax…

If you just started a business or you’re thinking about starting a business, you might be asking yourself the question, can I qualify for a mortgage since I just started my business? And the short answer is no. Most lenders, they want a two year history of the business being open and operational before you can…

What is the impact of COVID19 on my home resale value? We’re getting that question quite a bit these days with COVID-19 going on. People are wondering if now is the right time to sell their home, or if they should just hunker down and wait to move. I can’t speak to other markets right…

Should You Put More Down On Your Home Loan To Get A Better Deal? The short answer to that question is yes, you will get a better deal on your mortgage if you put more down, but should you? Let’s talk a little bit more about that. First of all, there are over 30 different…

What is an Accessory Dwelling Unit or ADU for short? This is also called a mother-in-law suite. This is a very intriguing topic right now, especially with the pandemic going on because basically what a accessory dwelling unit is, it’s a separate living space on your property. Usually it’s a living space that has its…