Author Archives: David

When Private Mortgage Insurance is Required

Typically, home buyers who make a down payment of less than 20 percent must obtain private mortgage insurance (PMI). PMI policies protect the lender if you default on your mortgage. PMI is required on all FHA mortgages with a down payment of less than 20 percent. FHA-backed loans allow for a down payment as low […]

Mortgage Rates are Tied to Credit Scores

By The lowest (best) mortgage rates go to the borrowers with the highest credit scores. If your credit scores are low, there are poor-credit home loans available, but the interest rates are higher and in some cases a higher down payment is required. Credit scores are generally on a scale from 300 to 850. […]

Your Credit Scores, Income and Debt Impacts the Mortgage You Can Afford

By When you’re buying a home, what you can afford depends on a number of factors – chief among them your credit scores. If you have low credit scores you may qualify for a poor-credit home loan, but you will pay a higher interest rate and may be required to have a larger down […]

Looking to Remodel? Credit Scores Will Impact Financing

By For costly home remodels, there are financing options ranging from home equity loans to government financing programs. A lot depends on your credit scores, since lenders use them to assess your risk level as a borrower. Start by getting your reports and scores from the three national credit bureaus: Experian, Equifax and TransUnion. […]

Exclusive Mortgage Leads

Call 845-613-0598 to get started Current Special on bad credit leads up to 2000 per day! Contact us to lock in your daily requirement. We specialize in providing you with real time live FHA leads. All of our leads are 100% exclusive! You are the only person that will ever get this lead unlike virtually […]