Residential V.S. Commercial Loans

There is often some confusion when it comes to choosing a Commercial or a Residential loan.  Even though they use the same mortgage system, there’s a completely different set of rules for each one. Residential loans are for one to four-unit homes, condominiums and townhouses.  Commercial loans will cover everything else, such as 5+ unit
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Spectacular rates!!!

The rates are at the lowest point in 14 months!! It is an ideal time to refinance your mortgage or buy a home which maybe out of your price range a month ago. This awesome news for home buyers looking for lower mortgage payments for their first mortgage and for people looking to refinance their
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Housing issues in the spotlight

The mortgage rates have been dropping since February which is a welcome sign for a lot of homeowners or those ready to buy.  Combined with new higher loan limits, the amount of mortgage applications have increased for the past few weeks. The housing market was quiet in the last quarter of 2018 due to; the
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Deciphering the loan process

Many reasons can collectively contribute to why a mortgage application gets suspended or even denied. Here are some of the common pitfalls and how to avoid them when applying for a mortgage. Credit scores and utilizing your available credit Higher credit scores are very desirable because they will most often result in lower interest rates,
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Shopping around for a good mortgage

Shopping around for mortgages can be a daunting task. With paperwork aplenty and big words around, it’s no surprise that most people only want to go through the process once. It’s easy to by influenced by friends, family and colleagues  Rates  If you have been asking around about mortgages, you’ve probably heard conflicting messages; with
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