by Ed & Barbara Heiser | May 11, 2018 | Mortgage Payments
Mortgage Insurance, sometimes referred to as Private Mortgage Insurance, is required by lenders on conventional home loans if the borrower is financing more than 80% Loan-To-Value. According to Wikipedia: Private Mortgage Insurance (PMI) is insurance payable to a...
by Ed & Barbara Heiser | May 11, 2018 | Home Buying Process
Buying a new home is literally a team sport since there are so many tasks, important timelines, documents and responsibilities that all need special care and attention. Besides working with a professional team that you trust, it’s important that the individual...
by Ed & Barbara Heiser | May 11, 2018 | Home Buying Process
While many experienced real estate agents have a general understanding of the mortgage approval process, there are a few important details that frequently get overlooked which may cause a purchase to be delayed or denied.New regulation, updated disclosures, appraisal...
by Ed & Barbara Heiser | May 11, 2018 | Mortgage Closing Process
Providing proper asset documentation and the actual source of the funds is a critical element of the loan closing process. There’s nothing worse in a real estate purchase than making it all the way through the hoops and hurdles just to have a loan denied after...
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