Monthly Archives :

July 2018

What’s the Point?
What’s the Point? 628 419 fatimarahimi

Your financial house is in order and you’re ready to make your dream of homeownership a reality. Now it’s time to get a mortgage. So what are these so called “points” and is there a point in paying them? A “point” equals one percent of…

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Residential Mortgage Loan Underwriter
Residential Mortgage Loan Underwriter 628 419 fatimarahimi

Job Summary: The Underwriter is responsible for mortgage loans originated by correspondents according to guidelines set by Vellum Mortgage, FNMA, FHLMC, FHA, and VA, for underwriting loans and ensuring compliance with department guidelines, state and federal laws, and lending regulation. This position will clear conditions…

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Understanding Cash-Out Refinances
Understanding Cash-Out Refinances 1024 683 fatimarahimi

If you’ve built up significant equity through your monthly payments and your home’s appreciation, a cash-out refinance may make sense to improve your general financial situation or the value of your home. With a cash-out refinance, you’re refinancing your mortgage for more than you currently…

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To Do After Closing On Your Home
To Do After Closing On Your Home 1024 768 fatimarahimi

After you finish signing at the closing of your new home, you’re handed the keys and the house is officially yours! But, there some things you should do to make sure the transition from your old place to your new address goes as smoothly as…

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Things to Remember
Things to Remember 1024 683 fatimarahimi

The are many factors that can change your ability to qualify for a mortgage. It’s important to follow these guidelines until your loan is closed. Do Pay all your monthly bills on time Keep track of all your bank deposits and statements Find and organize…

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Before You Make An Offer, Here Are 4 Tips For Success!
Before You Make An Offer, Here Are 4 Tips For Success! 1024 683 fatimarahimi

With these four tips in mind you will be better prepared to make a successful offer. Understand How Much You Can AffordWhile it’s not nearly as fun as house hunting, fully understanding your finances is critical in making an offer. This ‘tip’ or ‘step’ should…

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