CREDIT & CREDIT SCORING
Your credit score is a score generated by a complex formula, which takes into account many factors- such as length…
CONVENTIONAL LOANS
(FANNIE MAE, FREDDIE MAC, JUMBO) Conventional loans are mortgage loans offered by non-government sponsored lenders. The structure type of the…
FHA LOANS (FEDERAL HOUSING ADMINISTRATION)
(FEDERAL HOUSING ADMINISTRATION) FHA stands for Federal Housing Administration, and has been in place since the 1930s. The FHA’s goal…
VETERANS ADMINISTRATION (VA) LOAN
Designed to offer long-term financing for American veterans, VA mortgage loans are issued by federally qualified lenders and are guaranteed…
UNDERSTANDING THE SECONDARY MARKET
Generally how a company deals with their loan product would be decided at a meeting of the Principals in the…
USDA RURAL DEVELOPMENT LOANS
Are you looking to purchase a home in a rural community but wondering where to begin looking for help with…
PMI / MIP
Mortgage insurance is simply an insurance policy placed on the mortgage, in which an entity (Mortgage Company) receives financial protection\reimbursement…