Anybody making a down payment on a home needs to know there are restrictions on how those funds can be obtained, as well as the source of any assets. For instance, money stashed under a bed mattress cannot be used. …

Acceptable Types of Assets for a Mortgage Loan Read more »

Tagged with: , , , ,

I hear people say not to refinance a home mortgage unless you lower your rate by at least 1%. This rule of thumb is far too simplified. Why? The fact of relativity, my friend. I’m not saying I’m on the …

Mortgage Refinance: The Fact of Relativity Read more »

Tagged with: , ,