While buying your home is exciting and something to be proud of, it can be a confusing and complicated process that can leave you feeling intimidated. Which is why I host a monthly homebuyer seminar to help alleviate some of the anxiety that comes with purchasing your home by informing you about crucial aspects of … Continue reading The Top 5 Reasons Why You Should Attend My Homebuyer’s Seminar
When President Trump signed the new tax law into effect for the 2018 tax year, there were some changes that help borrowers qualify for a mortgage or a larger loan amount than they previously qualified for. One of the biggest changes that borrowers will notice in this year’s tax return is that the standard deduction … Continue reading More Borrowers Will Now Qualify for a Mortgage
When Team Rebecca is helping you get into your dream house or helping you refinance your current mortgage, we want the process to go as smoothly as possible for you. There are some things that you do NOT want to do when applying for a mortgage. For if you do, it could affect your ability … Continue reading When Getting a Mortgage DO NOT…
Not all lenders are the same when it comes to offering FHA loans. Look for a lender who has been granted Direct Endorsement authority by the Federal Housing Administration (FHA). This means the lender has the authority to underwrite and approve FHA loans in-house with its own staff of underwriters, as opposed to relying … Continue reading Top 3 Reasons to Work with a Direct Endorsement Lender
We get a lot of Veterans who are interested in buying a home, but don’t know if they are eligible for a VA loan or even how to read their Certificate of Eligibility (COE). How to read the Certificate of Eligibility There are 5 items that affect your eligibility, which are: Entitlement Code Funding Fee … Continue reading Make Sense of VA Certificate of Eligibility (COE)
If you’re looking to get a mortgage soon: be warned: it can be a confusing process. You will want to be informed, so let’s debunk 5 common mortgage myths. 1. Myth: There is no difference between getting pre-qualified and pre-approved Fact: While the two names seem similar, they are in fact different. A pre-qualification is … Continue reading Debunking 5 Common Mortgage Myths
Did you know the average housing rent in Cumberland County is $977/month*? And let’s face it, it’s only going to go up, because that is what rent does. The national average for annual rent increase is 3.6% per year. If you buy a house today and the payment is higher than what you prefer, it’s … Continue reading Will Buying a House Save Me Money?
I have been getting a lot of questions about the government shutdown that started Dec. 22, 2018 and how it affects mortgages. And what I’m finding is that there is a lot of incorrect information going around, so let’s set the record straight!