It’s an annual tradition that happens in the fourth quarter of each and every year. Well, maybe not a tradition in the sense of a holiday, but the mortgage industry certainly takes notice. What is this event? Back in 2008 as part of the Home Equity Recovery Act, or HERA, …Read More
Mortgage News
Can a Co-Borrower Help You Qualify For Mortgage?
Sometimes you just need a little help. When thinking about buying a home, you want to make sure you can afford the new monthly payments. To do this, you need to speak with a mortgage loan officer. With just a brief conversation over the phone, you can get an update …Read More
Mortgage Payment Forbearance or Refinance – What is the better choice?
Since the recent outbreak of COVID-19 there has been a lot of talk about new mortgage forbearance programs. What exactly is mortgage loan forbearance and should you apply for this? Forbearance is not a forgiveness of your loan obligation, but more an extension of your loan term. Under the Federal …Read More