LOOKING TO BUY A NEW HOME BUT YOUR NEW JOB HASN’T STARTED YET?

Yes, it’s possible, however, lenders are looking for stable income when you apply for a mortgage so there are some key points to be aware of if you are in the midst of a job change at the same time … Continue reading

POT TALK: LENDABLE INCOME OR NOT

For a very long time, although people could legally work in the pot industry in states where pot had been legalized, those working in the pot industry have not been able to use their income to qualify for a mortgage. … Continue reading

DO YOU EARN EXTRA INCOME?

Identifying what is and is not acceptable income when a Borrower has more than one job whether part time or seasonable can get sticky!  On more than one occasion, I’ve had calls from clients I had done a pre-approval on … Continue reading

PIW: PROPERTY INSPECTION WAIVER

You’re purchasing or refinancing a home and your Lender excitedly tells you that you qualify for a PIW, what do you do next and what does that mean for you? A PIW is a property inspection waiver and when there … Continue reading

TO REFINANCE OR NOT? A QUESTION NOT ASKED OFTEN ENOUGH

As a consumer you are bombarded with solicitations to refinance, many of which sound amazingly good. But is a refinance truly in your best interest? Following are some key points to consider before you jump on the refinance band wagon. … Continue reading

NO YOU DON’T NEED TO REFINANCE YOUR CONVENTIONAL MORTGAGE JUST TO CANCEL YOUR MORTGAGE INSURANCE

Repeatedly I receive telephone calls from consumers looking to refinance their conventional mortgage simply to drop their expensive monthly mortgage insurance. A refinance is not necessary to accomplish this! A refinance is a costly way to accomplish something than can … Continue reading