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Monthly Archives :

August 2018

Why Use a Local Mortgage Lender?
Why Use a Local Mortgage Lender? 1024 667 ericjhopkins

Real estate agents who would represent you as a buyer do care which lender you use. They’ll often suggest that you use a local lender who’s experienced with your area’s nuances, such as local taxation rules, settlement procedures and appraisal methodologies. These areas are all…

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Pen Pals with Your Mortgage Lender?
Pen Pals with Your Mortgage Lender? 628 419 ericjhopkins

According to a piece in the Wall Street Journal, it is a common practice for underwriters to reach out to borrowers asking for letters of explanation sometimes referred to as “comfort letters” to firm up mushy spots in their knowledge of borrowers’ situations. These letters…

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Thinking About Buying a Home?
Thinking About Buying a Home? 628 419 ericjhopkins

One of the first steps in the homebuying process is fully understanding your finances. Here is a checklist to help you prepare. Avoid making changes to your financial story that could hurt you ability to qualify for your home loan. Do Make and stick to…

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