A Guide to the Pennsylvania Mortgage Market
ARCHIVED BLOG POSTS
The main benefit that is often touted during a refinance boom is that those who qualify can often lower their mortgage payment by several hundred dollars per month. The new payments advertised with these lower monthly payments are typically for 30 year mortgages. No doubt, there are substantial...
If they have a generous relative, gift funds can allow a prospective home buyer to purchase a property without tapping into their own bank account. Whenever my clients are receiving gift funds I find it is best to let them know exactly what an underwriter wants to see on the gift letter. A Gift ...
Today's historically low interest rates should be investigated by every homeowner with a mortgage balance. Feel free to call me to crunch the numbers and see if you can benefit from a reduction in payment, a reduction in term or both! We never know where rates will be in the future. In the ...