Category Archives: Loan News

What’s a comfortable monthly mortgage payment?

Ready to speak to a Loan Officer? One of our preferred Lenders shared with us this article.  We highly recommend his services with Rudy Benitez  Mortgage Loan Originator | NMLS# 279367 Direct Phone: (520) 494-3139 Mobile: (602) 481-3967 Fax: (877) … Continue reading

Posted in Buyer Advice, Loan News | Leave a comment

Credit Score Basics

Credit score is a major factor when you’re shopping for a mortgage. While each credit bureau will calculate your credit score differently, here is some general information about how it is determined. Have questions? Contact Rudy Benitez, Mortgage Loan Originator Direct Phone: (520) … Continue reading

Posted in Buyer Advice, Loan News | Leave a comment

Mortgage applications fall to 4-year low as home buyers exit housing market

Many potential home buyers are sitting out the housing market. The volume of mortgage applications last week fell to the lowest level since December 2014, according to a new report from the Mortgage Bankers Association, providing another sign the housing … Continue reading

Posted in Buyer Advice, Homeowner Advice, Loan News | Leave a comment

What Airbnb Means for Your Mortgage

Using a spare room or your house as a rental? Consider the impact on your mortgage or refinance.  (Shared from our Preferred Lender’s Blog – Rudy Benitez – AnnieMac Home Mortgage) https://realestate.usnews.com/real-estate/articles/what-airbnb-means-for-your-mortgage  

Posted in Investor-Landlord, Loan News | Leave a comment

What does applying for a mortgage involve?

Courtesy of one of our preferred lenders:  Rudy Benitez  Mortgage Loan Originator | NMLS# 279367 Direct Phone: (520) 494-3139 Mobile: (602) 481-3967 Fax: (877) 245-0700 Email: rbenitez@annie-mac.com AnnieMac Home Mortgage Corp NMLS # 338923 211 N. Florence Street, Suite 102 and … Continue reading

Posted in Buyer Advice, Loan News | Leave a comment

Fact or Fiction? 6 Down Payment Myths You Should Stop Believing Immediately

If you’re thinking about buying your first home, that pesky down payment has probably kept you awake more than a few nights. We get it—while a pre-approval is crucial for determining your buying power, it’s the down payment that shows … Continue reading

Posted in Buyer Advice, Loan News | Leave a comment

Realtor.com® 2018 National Housing Forecast

Inventory constraints that have fueled a sharp rise in home prices and made it difficult for buyers to gain a foothold in the market will begin to ease next year as part of broad and continued market improvements. The easing … Continue reading

Posted in Buyer Advice, Investor-Landlord, Loan News, Market Updates, Seller Advice | Tagged , , , , , | Leave a comment

5 (Totally Legal) Tricks to Boost Your Credit Score Fast

So, you’ve decided next year is the year you’re finally going to buy a house. Congrats! But now you’re a little panicked because your credit score isn’t exactly going to make lenders swoon. You’re not alone. The national average credit score is 695, while only half … Continue reading

Posted in Buyer Advice, Homeowner Advice, Loan News, Seller Advice | Leave a comment

New Program to Help Buyers Bypass Appraisals

Mortgage giant Freddie Mac has announced a new program allowing some home buyers to skip a traditional appraisal, which could lower the fees the buyers pay and speed up the closing process. Full Article: New Program to Help Buyers Bypass Appraisals … Continue reading

Posted in Buyer Advice, Loan News | Leave a comment

How Much Home Can You Afford?

How does a loan officer determine what you can afford? Here’s a quick breakdown of how they calculate your future house payment.

Posted in Buyer Advice, Loan News | Leave a comment