Shopping Lenders Feels Like Buying a Car
Tips

Shopping Lenders Feels Like Buying a Car

Shopping for a mortgage is really easy if you know what to ask for. Most loan officers are trying to sell super high compensation plans. Lenders will try and confuse you saying well they charge more in this section, and more in this section, and we just don’t charge this fee at all. Some lenders…

Is the Housing Marketing Crashing?
Tips

Is the Housing Marketing Crashing?

Today is much different than 2008! 2008 was the result of mortgage fraud and no document qualifying loans. But what does that mean simply? Well here is what happened back in 2003‐2007 that lead to the 2008 housing boom. For you to fully understand why the 2008 crash will not happen again, you must read…

Mortgage Brokers VS Banks
Tips

Mortgage Brokers VS Banks

Myths vs Facts! We’ve all heard it! Don’t go to a mortgage broker… go to a bank! Or Don’t go to a bank… go to a mortgage broker! Let’s start off with the basics that a mortgage banker and a mortgage broker in Las Vegas have in common.  When your loan closes, its all sold…

Why Is The Mortgage Interest Rate Higher For Refinancing?
Refinance

Why Is The Mortgage Interest Rate Higher For Refinancing?

If you’ve been looking for the best mortgage interest rate over the past few weeks, you must have realized that finding the best rate is more difficult than before and that comparators are less effective. When a loan is “insured”, banks can sell their claims in real estate investment funds. Without insurance, the cost of…

Mortgage Insurance – Do You Need It?
Mortgage

Mortgage Insurance – Do You Need It?

Have you just got your mortgage approved? You must be ecstatic; as now, you are on the path of being a homeowner. But, will you get mortgage insurance as well? If you think you are going to pay the monthly installments without any issue, then you are being ignorant. It is always better to play…