Category: Mortgage Basics

  • Mortgage 101: Improving Your Credit Score

    Mortgage 101: Improving Your Credit Score

    Today in our Mortgage 101 series we are talking about ways YOU can improve your credit score!   First let’s take a look at about the different categories your score can fall in:   • Excellent Credit: 800+ • Very Good: 740-799 • Good: 670-739 • Fair: 580-669 • Poor: Below 580 Keep in mind that the above numbers are just a range and can […]

  • Mortgage Explorers News: No Cost Appraisals

    Mortgage Explorers News: No Cost Appraisals

    Looking to buy a new home or refinance? Now through December 31, we’ll cover the cost of your appraisal at closing — up to $525 on all conventional loans. Program FAQ’s Available on Conventional Products – Refinances and Purchases Up to $525 Credit up to 97% Loan to Value Ask us how you can qualify […]

  • Mortgage 101: Breaking Down Closing Costs

    Mortgage 101: Breaking Down Closing Costs

      What are Closing Costs? Closing costs are the combined fees of what it costs to get a mortgage. These are paid at closing, which is how they get the name closing costs. Closing costs can be applied to both the buyer and the seller during the mortgage process, but today we are specifically talking […]

  • Mortgage 101: How is My Credit Score Determined?

    Mortgage 101: How is My Credit Score Determined?

    How is my credit score determined? This is a common question borrowers ask us. Today on the blog, we are talking about the factors that determine your credit score and how they can impact your credit. Your credit score is determined by five factors, the following information can help you make better choices regarding your […]

  • Mortgage 101: Downpayment Doesn’t Have to Break the Break

    Mortgage 101: Downpayment Doesn’t Have to Break the Break

    When you hear the term downpayment what comes to mind? Often, borrowers think they need to put 20% in order to obtain a mortgage. The good news is there are programs that allow you to put down as little as 0%. Our Loan Programs Below is a summary of some of the loan programs we […]