lvanmarter

The Mortgage Process

The following summary is intended to help you understand the various stages you will encounter from sales contract to settlement. Contract to Application: You have found the right home at the right price in the right location. Now it’s time to focus... Read >

10 Reasons Why Home Owners Sell and Move Up

Unfortunately, selling your home in today’s market will not provide the same result as two years ago; you may be experience a 10-to-30 percent decrease in value. When the housing market declines, so does the price of all the homes, including that larger ... Read >

Trying To Get A Mortgage To Buy Your Dream Home?

Last month, we touched on the three areas to get prepared for qualifying for a mortgage … credit … income … assets. Let’s take a closer look at credit. How Is Your Credit? What Is Your FICO Score? From the interest rate and features you are offer... Read >

Three Areas to Get Prepared for Qualifying for a Mortgage

Before approving a home mortgage, lenders will pay particular attention to three major items, your credit, income and assets. Credit -- In a mortgage lender’s eyes, the higher your credit score, the lower your risk, and the more likely you will pay you... Read >

10 Reasons to Explore a FHA Mortgage

The Federal Housing Administration (FHA), established in 1934, has become one of the most successful federal programs. Basically an insurance agency within HUD (Dept. of Housing & Urban Development), its loans are insured by the Federal government, thus ... Read >

8 Benefits of Rural Housing Loans

Many properties can be classified as rural housing and accepted under the USDA Rural Housing Loan Program. This program guarantees rural housing loans for lower to median income applicants for the purchase of owner-occupied single-family homes and gives b... Read >

10 Incentives for Renters to Become Homeowners

Buying a home instead of renting requires careful consideration, but home ownership can transform your life in numerous ways. Yet landlords often try to dissuade renters from taking this step, perhaps because you’re helping them making their mortgage paym... Read >

10 Reasons to Consider Reverse Mortgages

With the volatility of today’s housing market, reverse mortgages have made a comeback as a serious alternative for homeowners who have built up substantial equity through years of mortgage payments. Reverse mortgages provide a number of benefits: 1. Re... Read >