Qualifying for a Mortgage – Debt to Income Ratios
Your debt-to-income ratio (DTI) is a measure of how much of your monthly income is going towards debt payments. Lenders ...
Living in Fenton, MI: Real Estate Market Trends and Popular Neighborhoods
Fenton, MI is a charming small town located in the heart of Genesee County. It's known for its beautiful lakes, ...
Buying Your First Home – Tips for First Time Home Buyers
Buying your first home can be an exciting yet intimidating experience. It’s a big investment and you want to make ...
Higher (and lower) Fees on The Horizon for Conventional Mortgage Loans
On 1/19/2023, the FHFA announced that higher (and lower) fees are on the way for conventional mortgage loans guaranteed by ...
Current Mortgage Rate Trends for October 2022
RATES AND POINTS IN OUR CURRENT MARKET Lenders typically adjust their rate sheet offerings every day. In fact, it’s extremely ...
Acceptable Sources for your Down Payment and Closing Costs
When applying for a mortgage loan, there are certain funds that are acceptable and not acceptable to use in a ...
Gross Income vs Net Income
The Difference Between Gross and Net Income for Mortgage Borrowers If you’re looking into applying for a mortgage, it is ...
30-Year Mortgage Rates at Near-Record Lows
Are you considering purchasing a home or refinancing? If so, now is the time to act. Comparatively speaking, mortgage rates ...
5 Reasons to Refinance Your Mortgage
There are many great reasons to refinance an existing mortgage. Mortgage interest has historically been treated differently than all other ...
5 Tips On What NOT To Do Before Applying For A Mortgage
As a general rule, if you’re looking to apply for a mortgage, you’ve probably never been through the mortgage process ...
