ARCHIVED BLOG POSTS
2015
When shopping for your First Home, few families will compromise on Location. Have you heard Real Estate Agents refer to the saying, “The three most important aspects of real estate are: Location, Location, Location”? That’s because it is vital to ensure a property is in the most desirable locatio...
06/23/2015
First Home Buyers! This large 3 BR ranch has the possibility for an in-law apartment.And It’s Eligible For up to 100% Financing with a USDA Rural Housing Development Loan. Closing costs can be included in loan amount. Low rates! Low MI!Beats FHA and CHFA any day! http://www.realtor.com/realestat...
06/22/2015
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In today’s real estate market, most prospective First Home Buyers will be entering a house they’ve seen pictures of online. While these shots can give you a good idea of whether or not you like a house, visiting it is still a primary requirement.An Open House can be a great opportunity to see a ...
06/20/2015
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At some point during the mortgage application process, the borrower must exercise their agreement with the lender to lock in the rate for their final mortgage. What is a Mortgage Rate Lock?A Mortgage Rate Lock protects the borrower from the risk that interest rates will increase during the rate...
06/19/2015
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The CFPB has confirmed that the effective date for the new TRID disclosures and timelines has been extended to October 1, 2015.At Norcom Mortgage, we have been preparing for the challenges these new regulations will impose on all lenders, Realtors and closing attorneys. I...
06/18/2015