Real Estate
May 26, 2020

Second mortgage and refinance

Mortgage lenders sometimes take an overly gun shy approach to how a mortgage loan is originated. One such example of this is if you have a first and a second mortgage on your home. Let us say your goal is to refinance and to not get any money out but just combine the first and the second mortgage into one new loan. You are not receiving any cash, just looking to consolidate your payments so you can have one easy payment that blankly covers both mortgages. It make sense right? Well not so fast…

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How the new PPP loan may adversely affect your mortgage

If you’re looking for mortgage loan financing and you have taken out or considering the new federal paycheck Protection Program mortgage loan here’s some things you need to know…

How to navigate appraisal during coronavirus pandemic

One of the things that have changed since the coronavirus has taken shape is how mortgage lenders are viewing appraisals. If you’re buying or refinancing a home here’s what you need to know…