What Affects An Interest Rate Quote

When people ask me what I do and learn that I am a mortgage broker, the usual first and natural question is, “What are interest rates right now?” The answer is always, “It depends.” There are many factors that go into an interest rate, so that’s why it’s important to...

Did you Know?

Did you know that if you don’t have a steady verifiable income, but have a significant amount in assets, there are some lenders that will use that assets to determine your qualifying ratio and may lend to you according to it? It’s called the “Asset Utilization...

What are the Steps in the Loan Process?

To follow is a general expectation for the loan process, from the time of requesting the loan (or locking in on a rate) through closing. When you first start out, it can seem like a daunting experience as you gather all the documentation and paperwork, but if your...

To Impound or Not to Impound

Most of my clients choose not to have an impound account for a number of reasons.  See my blog post about the advantages and disadvantages of an impound account here.  The #1 reason is usually because they like to have control in making their own payments, but...

Follow me on Twitter!

I have joined the masses (many years later than most) and am now on Twitter! Follow me there for tips, updates and commentary. And remember, you can also: Connect with me on LinkedIn Join me on Facebook Find me on Google+ Check out my reviews on Yelp I look forward to...