Frequently Asked Questions

Real Estate Appraisals

How Do Mortgage Companies Value A Property That Has Not Been Built Yet?

It's obviously easier to picture the process of estimating value on an existing property in…

Oliver OrlickiMarch 28, 2010

Home Buying Process

HOA Hurdles to be Aware of When Looking at New Properties

A Home Owner Association (HOA) can have a huge impact on your life when you…

Oliver OrlickiMarch 28, 2010

Mortgage Rates

How Are Mortgage Rates Determined?

Many people believe that interest rates are simply set by lenders, but the reality is…

Oliver OrlickiMarch 28, 2010

Mortgage Programs

Why Do I Need To Pay A VA Funding Fee?

The VA Funding Fee is an essential component of the VA home loan program, and…

Oliver OrlickiMarch 28, 2010

Mortgage Payments

Why Do I Need Mortgage Insurance?

Mortgage Insurance, sometimes referred to as Private Mortgage Insurance, is required by lenders on conventional…

Oliver OrlickiMarch 28, 2010

Mortgage Payments

How Do I Calculate My Mortgage Payment Without Using A Mortgage Calculator?

Calculating an exact mortgage payment without a calculator on a loan is no small task,…

Oliver OrlickiMarch 28, 2010

Mortgage Payments

Do I Have To Continue Making My Mortgage Payment If My Lender Goes Bankrupt?

When mortgage lenders go out of business and are essentially taken over by the FDIC,…

Oliver OrlickiMarch 28, 2010

Mortgage Approval Process

Is There A Rule-of-Thumb Regarding The Number Of Credit Lines To Have Open?

While the actual credit score has a big impact on a loan approval, it's not…

Oliver OrlickiMarch 28, 2010

Mortgage Approval Process

What’s The Difference Between A Primary Residence, Second Home and Investment Property?

When applying for a mortgage, a borrower's "Occupancy Type" is a major factor in the…

Oliver OrlickiMarch 28, 2010

Mortgage Approval Process

What’s My Debt-to-Income (DTI) Ratio?

Debt-to-Income (DTI) is one of the many new mortgage related terms many First-Time Home Buyers…

Oliver OrlickiMarch 28, 2010

How Do Mortgage Companies Value A Property That Has Not Been Built Yet?

HOA Hurdles to be Aware of When Looking at New Properties

How Are Mortgage Rates Determined?

Why Do I Need To Pay A VA Funding Fee?

Why Do I Need Mortgage Insurance?

How Do I Calculate My Mortgage Payment Without Using A Mortgage Calculator?

Do I Have To Continue Making My Mortgage Payment If My Lender Goes Bankrupt?

Is There A Rule-of-Thumb Regarding The Number Of Credit Lines To Have Open?

What’s The Difference Between A Primary Residence, Second Home and Investment Property?

What’s My Debt-to-Income (DTI) Ratio?

Popular Posts

Recent Posts

Ready to get started?

Get in touch or schedule a quick FREE 15 minute call today!

Disclaimer

Get Started

Mortgage Process

Loan Programs

Contact