Find Out Who’s Tracking You

You already know that your credit use is tracked and reported by the three major credit bureaus, and that we access those credit scores in making lending decisions.Are you aware of the many other ways your activity is being monitored?There’s a 19-page report from the...

Have You Missed the Boat?

A nautical reference seems about right, given all the chatter about homes across America being “underwater”.  The term refers to owing more on your home than its current value.You’ve heard about the loan programs available for refinancing if you’re in that position,...

Shopping Around for Home Loans

Here’s the Inside Scoop on How To Do It Right! First: make sure you are working with an experienced, professional loan officer. The largest financial transaction of your life is far too important to place into the hands of someone who is not capable of advising...

It’s Greek to Me – Terms to Know

The mortgage industry is full of terms that are foreign to many people. The following glossary of terms should help you translate the mortgage language into plain English and help you make sense of the mortgage process. A-D / E-H / I-P / Q-Z Appraisal: An expert...

Buying a Home After Short Sale or Foreclosure

Lots of families who lost their homes are eager to get back into the housing market. Here’s the scoop on time frames and reestablishing credit to help make yourself eligible to qualify for a mortgage in today’s lending climate.Foreclosure is the taking back of a home...