Articles

PMI allows you to purchase with a lower down payment. This insurance policy helps cover the lender’s losses in case you default. I’m here to clear up any confusion about this topic and reveal some of the truths & myths of Private Mortgage Insurance.

In the blink of an eye, I walked through the doors of my dream home. It’s perfect! But wait, I must sell the house I own already first, right? Our current environment characterized by strong demand and low inventory. Competing to purchase a new home can be challenging, especially when you have a residence to sell.

Self-employed borrowers have always been the trickiest for us mortgage guys though. We come across these hard-working individuals with very successful businesses and as a result, a good chunk of money in the bank. So why so often do we find these people stuck in rentals? In short, the answer is write-offs.