Do you have a life Plan? If not, I highly recommend completing one and here is why. If you want a copy of a blank life plan template send me a message and we will send you a copy so you can get started on your plan today.
If you are like me you track your credit score with one of many online credit score services. But when you go to obtain a home loan you find they your score is any from 30 points to 100 points off!! And this is where many people get frustrated or…
What you need to know about financing with the "in house" lender at the New Build Office
Have you been receiving alot of calls and mailings to refinance your home? There is a RIGHT time to refinance and a WRONG time. Unfortunately, many mortgage companies are just trying to get you do move forward and the numbers really don't make sense. I urge you to get a…
Don't "should" on yourself any more. I want to send a reminder that we all have the Freedom to "Choose." I hope you have an amazing July 4th with Family and Friends!! Happy Independence Day!!
Second opinions on the largest transaction of your life are always a good thing; it could potentially end up saving you thousands of dollars over the life of the loan. Once you decide to end up moving forward on a home of your choosing I would love the opportunity to…
Total tappable equity is the highest dollar amount on record and 10% higher above the prior 2005 peak. Per a recent article by Black Knight in Feb 2018. So you may have more equity... but now what? https://www.blackknightinc.com/black-knights-february-2018-mortgage-monitor/
Just one year of waiting to buy a house could cost you tens of thousands of dollars (see charts). For example, a homebuyer considering a $250,000 home would lose $7,500 if home prices increase by 3% during that one year timeframe. They would lose an additional $21,391 over the life…
What to expect once you find a home & go under contract 1. Be sure to send us the purchase contract as soon as you know the seller accepts your offer. 2. Once we receive the contract we will review and set up your loan disclosures for review and then…
Why So many documents… After the subprime crash in 2008 the government implemented checks and balances that has improved sound lending practices BUT the issue with this is it comes in the form of more documents from you and your mortgage lender. I believe, overall the regulation put in place…
Most likely delays & how to avoid them: All pages - please provide all pages of documents you are submitting. If it says 1 -5 please provide all 1 -5 even if the last page is blank. And do not black out anything as this will only raise questions. IRS…
We helped families with over $119,000 in down payment assistance funds in 2017. Here are a few important things to know if you are thinking about using a down payment assistance program. Contact us today to see if you you qualify! 480-553-8770
I am PROUD to say we provided almost $120,000 in Down Payment Assistance Funds in 2017. Call us to see if you qualify 480.553.8770 ** Max qualifying income $92,980 / Max purchase price $371,930 / Must be your primary residence ** ( other conditions apply )
Certified Mortgage Planner committed to providing an EASY mortgage process, competitive rates and a WOW experience to gain a client for LIFE. We welcome you to come see what makes The Brierton Team. Direct Phone Number : 480-553-8770 Email : kevin@kevinbrierton.com www.kevinbrierton.com Loan Consultant NMLS 599873 Caliber Home Loans Inc…
More great news! The Federal Housing Administration (FHA) announced loan limits will increase in over 3,000 counties in 2018. The new basic standard loan limit is now $294,515 (up more than $18,000.) However, in many areas of the country, the loan limit is even higher because it is based on…
Major Change to AZ Down Payment Assistance programs! As of Jan 2 2018 the grant funds will move from a gift at closing to a forgivable 2nd mortgage forgiven over 36 months. Therefore if you sell within the first 36 month you will be required to pay back a portion…
Rent VS own FHA and conventional. How to get into a home for zero down. FHA zero down down payment Conventional zero down payment
Student loans got you down? Recent guidelines changes from Fannie Mae now allow student loans consolidated into your mortgage with a refinance. Typically this would be considered a cashout loan. But with the changes if you pay off student loans it is now considered a rate term loan. This means…
What are VA non-allowable fees? When completing an AZ purchase contract for a buyer who is using a VA loan for financing you will need to know how much to request for VA non-allowable fees. But first you need to understand the basic premise of what VA non-allowable fees are.....…
A home appraisal is an estimate of your home's value. It's simply a professional appraiser's opinion of what he/she thinks your home may be worth.
