by Mark Chaffee | Oct 12, 2021 | Mortgage Tips
Starting a new job. Receiving a large cash gift. Buying a new car. These are all typically happy and exciting events. However, if you’re considering applying for a mortgage – or are already in the process of obtaining one – these developments could negatively impact...
by Mark Chaffee | Aug 17, 2021 | Mortgage Tips
There was some great news for homeowners recently. In July, the Federal Housing Finance Administration (FHFA) removed the 0.5% fee that had applied to most mortgage refinances. This means that refinancing a mortgage is now cheaper for most mortgage borrowers. Here’s...
by Mark Chaffee | Aug 3, 2021 | Mortgage Tips
If you’re paying for private mortgage insurance (PMI) on your home loan, you may qualify to remove it early. Since mortgage insurance only protects your loan servicer (the company you make your mortgage payments to), not you, the sooner you can get rid of it and...
by Mark Chaffee | Mar 30, 2021 | Housing Affordability, Mortgage Tips
Buying a home is one of the most exciting steps you can take in life, and that’s why it’s important to prepare yourself as early as possible! Being financially ready to buy a home includes knowing your home shopping budget and your homeownership budget. Here’s how to...
by Mark Chaffee | Mar 9, 2021 | First Time Home Buyers, Mortgage Tips
Upfront costs are one of the biggest barriers to buying a home. Many people believe they need tens of thousands of dollars to make a purchase when much more affordable options may exist. Here’s an idea of just how much money you need to buy a home. Standard Upfront...
by Mark Chaffee | Feb 23, 2021 | Mortgage Tips
As a homeowner, it’s important to stay on top of your finances. One key factor in doing so is making sure you’re getting the most out of your mortgage. If you’re goals or situation have changed or if better mortgage options have become available, it may be time to...
