September 25, 2017
Question: We received a letter from our lender saying our mortgage has been sold to someone else. Have we done something wrong? Is there some kind of problem here? Answer: […]
Read More...
Niche Mortgage Products · Understanding Mortgages
August 29, 2017
When you live in a higher priced area with a high cost of living, the homes you are looking to buy probably have big price tags. So, you might need […]
Read More...
Home Buying · Understanding Mortgages
August 1, 2017
Are you one of those people that cringes when someone asks you to write something? Fortunately, when your loan officer or an underwriter requests a letter of explanation, it doesn’t […]
Read More...
Home Buying · Understanding Mortgages
July 17, 2017
If you’re in the market for a new home but don’t have time to wade through scores of applications or shop around for the best mortgage rates and terms, a […]
Read More...
June 27, 2017
There probably isn’t anything more devastating during the home buying process than being turned down for a mortgage. You’ve already picked out your house, had your offer accepted and now […]
Read More...
Home Buying · Understanding Mortgages
April 26, 2017
Due to increased demand and low real estate inventory, most parts of the U.S. are currently in a seller’s market. This is great news if you’re trying to sell a […]
Read More...
Uncategorized · Understanding Mortgages
April 24, 2017
Question: We want to purchase a home for $295,000. We spoke with a loan officer about financing with an FHA mortgage and found out we qualify. However, to get FHA […]
Read More...
Home Buying · Understanding Mortgages
April 19, 2017
Your credit score is one of the biggest factors that mortgage lenders consider when deciding how much money to loan and what rate to loan at. In a lot of […]
Read More...
Refinance · Understanding Mortgages
April 5, 2017
Since the election, mortgage rates have seen more highs than lows. Most experts are predicting that mortgage rates will continue to rise in 2017. Even so, there are many […]
Read More...
February 28, 2017
The era of life-long employment hasn’t been around for some time now. In fact, the average American changes jobs 10 to 15 times during their career. In an age where […]
Read More...
Mortgage expert Tim Lucas has been helping home owners for over 12 years.
