FHA AND VA MORTGAGES – WHAT IS THE DIFFERENCE?
Mortgage 101: For Home Buyer: As you begin thinking about the mortgage process, it’s important to understand how the mortgage application process works.
Will a new home offer better value than resale? Find out if new home construction offers better value than a resale up front and in the long-run.
More and more single men and women are choosing to purchase a home of their own as a smart investment in their future. Here’s what you need to know to do it the right way…
More and more single men and women are choosing to purchase a home of their own as a smart investment in their future. Here’s what you need to know to do it the right way…
WHAT CREDITS ARE ALLOWED ON A PURCHASE TRANSACTION?
One of the most commonly asked questions in the mortgage business is how a borrower’s credit score will effect their home loan. Your credit score or your FICO score is a key factor in qualifying you for a mortgage.
What is a conditional loan approval?
The conditional loan approval is a statement from a lender asserting that the lender is willing to loan a specific amount of funds to the potential borrower after meeting specific conditions.
Have you ever attempted to obtain a mortgage loan for the purchase of a home and wondered why your lender cares so much about the source of your down payment? An applicant recently said to SunnyHill, “It’s my money, it shouldn’t matter to you!”
That applicant’s sentiment is not alone…
Are you one of the ~40 million American households who rent and would like to purchase a home in the near future? Do you already own a home and want to purchase another one? Are you thinking about refinancing your existing loan?
Yes…maybe…someday? Read on!