The 5 C’s of Credit – What Makes up a Promising Credit Profile

The 5 C’s of Credit – What Makes up a Promising Credit Profile

A system that many lenders employ to evaluate creditworthiness, the 5 C’s of Credit are an informal but widely used methodology in the approval process for mortgage loans. They are: Character, Capacity, Collateral, Capital, and Conditions. Let’s look at...
How Partnering with the Right Loan Officer Sets You Up for Success

How Partnering with the Right Loan Officer Sets You Up for Success

At heart, a good loan officer’s goal is to keep you informed on the mortgage products that best fit your unique needs. Knowledge and understanding of these financial tools is often key to your success in a variety of important ways. Let’s consider a few....
How Government-Backed Home Loans Can Help You Buy Your Dream Home

How Government-Backed Home Loans Can Help You Buy Your Dream Home

When seeking financing for their dream homes, most homebuyers are faced with a variety of loan programs. Among these many and varied choices, government-insured loans are popular options due to their accessibility, affordability, and security. Easier Qualification The...
Finance a Higher Value Property with FHFA’s Increased Loan Limits for 2022

Finance a Higher Value Property with FHFA’s Increased Loan Limits for 2022

Found your dream home, but worried the price might put you out of the range for a conventional loan? There is good news for borrowers who want a higher value property but don’t want the restrictions of financing with a jumbo loan. For 2022, the Federal Housing Finance...
Make 2022 the Year for Homeownership. Here’s How to Get Your Finances in Order

Make 2022 the Year for Homeownership. Here’s How to Get Your Finances in Order

2022 is shaping up to be another strong year for housing, as historically low interest rates continue, making it the perfect time for first-time buyers to enter the world of homeownership. Finding the home of your dreams is the exciting part, but the mortgage process...