EVER WONDERED HOW LONG YOU MUST WAIT TO OBTAIN A NEW MORTGAGE?

If you’ve filed bankruptcy, gone through a short sale or had a home foreclosed, the following timelines broken down by loan program will give you a snap shot of how long it may take before you are eligible to obtain a mortgage.   … Continue reading

HOW MUCH DOWN PAYMENT REALLY IS REQUIRED TO BUY A HOME?

In a recent, unscientific study done by a Loan Officer in the Pacific Northwest, a significant percentage of those polled believed that they could not obtain a mortgage with less than a 20% down payment.  In reality, Borrowers have the following options available to them: VA LOANS continue to … Continue reading