YOUR CREDIT REPORT DOESN’T TELL THE WHOLE STORY

When your Lender takes a mortgage application, there are multiple steps and pieces to it as a single component such as the credit report does not tell the whole story. If the information you provide is not complete or is … Continue reading

POINTS: TO PAY OR NOT TO PAY?

The emotional reaction for most people seeking a mortgage is to get the lowest interest rate possible. However, that may not be in their best financial interest. Why you might ask? Points, which are technically called “Discount Points”, buy the … Continue reading

FROZEN CREDIT MUST BE “THAWED” TO APPLY FOR A MORTGAGE

Due to increased fraud and cyber security breaches, many consumers “freeze” their credit to prevent someone posing as them opening new credit in their name fraudulently.  But often times, getting your credit frozen was the easy step! To “thaw” or … Continue reading

THE CARES FOREBEARANCE ACT IS IT RIGHT FOR YOU?

Although the current guidelines for the CARES Forbearance Act simply require that you notify your Mortgage Servicer that you have been “impacted by COVID-19” to take advantage of that program, is that really the right choice for you? The program … Continue reading

SEVEN LEGAL DOCUMENTS TO EXECUTE BEFORE YOU DIE

It’s no fun to plan for one’s death or mental incapacity, but it’s important that you have a say in what will happen to you, your family and finances if something should happen to you! I’ve heard many horror stories … Continue reading

THE ABILITY TO REPAY

For many, having their refinance or new home purchase halted due to a “temporary” lay off as a result of the COVID-19 “stay home, stay healthy” order, has come as quite a shock. We are talking people who have been … Continue reading