ARCHIVED BLOG POSTS

2016 

Purchase Your Home in Suffolk County NY With Just 1% Down  New Loan Product for those Home Buyers Struggling with a Down Payment!  The Mortgage Outlet is Excited to offer the Conventional 1% Down with Equity Boost Loan Program. Stop Renting and buy your Dream Home Now! Basic Program Descriptions:...
07/14/2016
What is a Mortgage Broker in Sayville NY? What is a mortgage broker and how can they help me get a mortgage? A Mortgage Broker in Sayville NY is a typically a company, corporation, or partnership not an individual. They basically acts as a middleman between you the borrower and the eventual lende...
07/12/2016
What’s Ahead For Mortgage Rates This Week – July 11, 2016 Last week’s economic news included minutes from the most recent meeting of the Fed’s Federal Open Market Committee (FOMC) along with several reports on private and public sector employment and the national unemployment rate. Weekly reports...
07/10/2016
Reverse Mortgage Process in Bayport NY | The Mortgage Outlet A growing number of seniors are turning to Reverse Mortgages in Bayport NY to ease their financial worries. These flexible loans are secured by the equity you have in your home, and do not have to be paid back until you move out, sell o...
07/10/2016
Reverse Mortgage Process in Sayville NY | The Mortgage Outlet A growing number of seniors are turning to Reverse Mortgages in Sayville NY to ease their financial worries. These flexible loans are secured by the equity you have in your home, and do not have to be paid back until you move out, sell...
07/10/2016
Being in the Mortgage Business since 1987 as owner of The Mortgage Outlet, I am always amazed on how the home buying and refinancing population has been taught by our lenders to ask a limited amount of questions to a potential lender when shopping for a new mortgage, and here they are: What is yo...
07/09/2016
What is a Mortgage Broker? What is a mortgage broker and how can they help me get a mortgage? A Mortgage Broker is a typically a company, corporation, or partnership not an individual. They basically acts as a middleman between you the borrower and the eventual lender who grant you your mortgage ...
07/08/2016
How to Calculate Loan-To Value Ratio Simlpy put, The Loan-to-Value ratio, or your "LTV Ratio" as it is known to in the industry is the mortgage loan amount or mortgage balance divided by the purchase price or the current appraised value of your home.  When calculating it, you will wind up with a ...
07/08/2016
The Mortgage Outlet is a New York Reverse Mortgage Wholesale Mortgage Broker, registered to originate Reverse Mortgages in Suffolk County New York.  The licensed loan officers are all trained on the latest trends in the growing mortgage category known as a REVERSE MORTGAGE.  When researching and ...
07/05/2016
What Is A Reverse Mortgage in Suffolk County NY?Reverse mortgages in Suffolk County New York are a way for senior citizens to leverage the equity in their homes without incurring extra monthly payments. It sounds too good to be true, but it’s really simple to understand how this works.. A reverse...
07/05/2016
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David Bailey and Erika Bailey

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