Pros and Cons of Refinancing: The Ultimate Guide
Refinancing is a big financial decision—it can save you thousands of dollars on your mortgage during the lifetime of your loan. That puts more money in your pocket to spend on things like repairs and...
View Article5 Ways to Refinance Credit Card Debt
Credit cards have their perks — they let you build your credit and make convenient and secure purchases. However, they can also leave you in debt. Borrowers dig themselves into a hole when they use...
View ArticleHow to Qualify for a Home Equity Loan with Bad Credit
When looking into options for financing in a pinch, your house is probably the biggest asset you own. If you’re pressed for cash, you may be able to borrow some funds against your property. When you do...
View ArticleGuide to Buying a House When One Spouse Has Bad Credit
If you are looking to buy a house with your spouse, it can be a very exciting time! But to make such a move, you have to think seriously about how you’ll pay for it. Unless you are ready to put down...
View ArticleAll About Alternative Income Verification Loans
Many of us work in industries that don’t offer a consistent paycheck from an employer. Sooner or later, this raises a question: “How do I get a mortgage if I make most of my money through cash?”...
View ArticleMeet Dee Berrios, Our Newest Team Member
We’re proud to welcome Dunia “Dee” Berrios to the Associates Home Loan team as our bilingual foreign national loan specialist. With extensive experience working in the mortgage lending industry,...
View ArticleWhat Is a Bridge Loan? Everything You Need to Know
If you are looking to move, you may be facing a problem that many homeowners face. You come across the property of your dreams, only to have trouble selling your current home. It’s a...
View ArticleHow to Avoid Foreclosure: 7 Tips
Foreclosure is any homeowner’s worst nightmare. Understanding what it is and how to avoid it can help you remain in a stable position of homeownership. Read the following guide to learn everything you...
View ArticleWhat’s the Right Amount to Borrow for Your Mortgage?
If you are approaching homeownership, you will likely have to consider the subject of a mortgage. With this, it’s important to understand how best to navigate them. How do banks calculate how much you...
View ArticleWhat is Escrow? Breaking it Down in Plain Language
Escrow is an essential part of homeownership, yet many people find themselves asking, “What is escrow?” Having thousands of dollars moving through a strange account can be stressful if you don’t know...
View Article7 Ways to Find Off-Market Real Estate
If you’re currently on the hunt for an affordable home that you love, you likely know just how topsy-turvy the market can be for buying and selling houses. Prices are higher than ever, competition is...
View ArticleHow to Acquire Rental Property with a Buy and Hold Loan
Real estate is a fantastic industry with a lot of opportunities. Because of this, you have many options available in starting your real estate investment journey. You could choose to become a...
View Article7 Strategies for Buyers When Housing Inventory is Low
Trying to buy a house relies on there being houses to buy, which is why periods of low housing inventory are so frustrating. However, just because your searches aren’t turning up many properties...
View ArticleDo You Qualify for the First-Time Homebuyer Tax Credit?
Buying your first home is a huge benchmark, and almost always an expensive one. With the high cost of housing, accommodations never come cheap, and owning a property comes with a high price tag. But...
View Article8 Tips to Win a Bidding War on a House
It happens to the best of us: we’ve located the ideal property, only to be outbid. Customers typically have to go above and above in seller’s marketplaces when demand is high and inventory is limited...
View ArticleWhat Happens If the Appraisal Is Lower Than Your Offer?
When finalizing buying a house, a buyer will inevitably have to deal with the outcome of a home appraisal. Everyone likes to think that once their offer is accepted and the house is under contract,...
View ArticleHow to Get Rid of Private Mortgage Insurance (PMI) Early
PMI (Private Mortgage Insurance) can be a scourge on homeowners. In addition to the cost of repaying your mortgage, you have to make additional payments—and finding room in your budget can be...
View ArticleWhen is the Down Payment for a New Construction Home Due?
Buying a new construction home is an attractive alternative to purchasing a resale property. First and most obvious – it’ll be new! The home will feel like a blank canvas for you to fill your life...
View ArticleComplete Guide to DACA Home Loans
For undocumented immigrants who arrived in the United States as children, the Deferred Action for Childhood Arrivals (DACA) program allows them to continue living and working in the country. They are...
View ArticleFannie Mae vs. Freddie Mac: Is There a Difference?
Fannie Mae and Freddie Mac are two of the federal government’s most famous children. They play an essential role in the mortgage market, and if you’re looking to get a mortgage, you’ll probably have...
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