NMLS 166254

What are the closing costs involved with refinancing?

Here in Florida we have three components of fees which include the bank, the title company, and the state.  My bank does not charge any points and therefore our fees only change depending if the loan is a government loan or conventional loan.  Most of the title fees and state fees are promulgated by the […]

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I financed my home at 5%, how low does the rate need to fall to make sense financially to refinance?

In order to analyze how much the interest rate must drop before I refinance, one would have to calculate the closing costs and the monthly savings.  Once we know how much money you are saving every month, we divide that monthly savings by the total closing costs to find your breakeven point as to when […]

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Credit Faux Pas

Applying for a mortgage can be a stressful process. It’s stressful enough to have to really sit down and look at your financial profile, but when you add on concerns over whether or not you’ll be able to get the home you have always wanted you’ve created a recipe for giving yourself more than a […]

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Home Valuation Code of Conduct

The Home Valuation Code of Conduct (the HVCC) offers a set of rules for the most ethical manner in which mortgage lenders (such as banks) are able to act when they commission the appraisal of a property. The actual HVCC is an industry agreement which was negotiated and accepted between the Fannie Mae , Freddie […]

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Bank Statement Mistakes

Applying for a mortgage is a huge event in your financial life, and making sure you receive approval for the mortgage you need and want requires a little advanced planning. One area of your financial picture you need to optimize to increase your chances of receiving the best mortgage is your Bank statement . Most […]

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Things to consider when refinancing a VA Mortgage Loan

Many people are considering refinancing because the current market interest rates are so low. If you have been looking into how refinancing benefits you and you want clarity as to how it works, you need to have a conversation with a qualified mortgage loan expert. Because mortgages make up one of the largest debts you […]

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Are VA Mortgage Rates Better Than FHA Mortgage Rates?

If you are  looking for a home loan you might become confused with all of the options and the various abbreviations. And I’m sure you’re  hoping to find a great rate this will mean finding a loan originator who can help. Most loan originators are quite knowledgeable and will be able to  explain how VA […]

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Factors that can effect your mortgage rate

As a potential homeowner in South Florida, there are several factors that affect current mortgage rates. For one, the amount of the down payment will certainly affect the mortgage rate. According to industry experts, the more you contribute, the better the rate of the loan. This, however, does have certain restrictions and guidelines. This includes […]

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Looking for Mortgages can be daunting

Looking at the current mortgage rates while searching for the best one can be a daunting task. Using the internet has certainly made it easier, but it is still quite scary to jump in and finalize a rate. If you are like me you always think that you could have gotten it lower. As we […]

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Lowest interest rates in years bring great opportunity

The sell off in stocks over the last few days has created a surprising silver lining for consumers: very low interest rates as the bond and stock markets work in inverse relationships.  AS stock prices fall, the demand for bonds increase which yields a lowering of the 10yr Treasury Yield which mortgage interest rates are […]

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NMLS Info

Company NMLS: 166254

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40 SE 5th Street, Suite 502
Boca Raton, FL 33432
(561) 362-8441

NMLS 166254

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