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
Not everything is a by-product of COVID-19, although that may be how it feels right now! When a Borrower opts to lock in their interest rate during the mortgage loan process, they do so for a defined period of time. … Continue reading
A zero down VA loan does not mean zero out of pocket when it comes time to close! There is a lot of misunderstanding when it comes to a VA loan, who pays what, and what costs if any are … Continue reading
Good news for Borrowers who are paying mortgage insurance as part of their mortgage payment! Borrowers with adjusted gross income of $100,000 or less may deduct 100% of their mortgage insurance premiums on their federal tax returns for the years … Continue reading
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
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
Making it big in business after age 40
CRIME WRITER
The scoop on the housing market, the community, & the economy.
JUST INTERESTING STUFF!!
Mortgage Info By Michelle Wickett 