Things To Consider Before Refinancing Your Home Loan With the current mortgage rates in historic low, many homeowners are considering refinancing their home. Refinancing for the right reasons at the right time can be hugely beneficial for homeowners. Homeowners can take advantage of lower rates to decrease their monthly payment. This extra money could go […]
Things to Avoid Doing Escrow When Buying a Home in Arizona After weeks or months of searching and finally found your dream home and your offer accepted by seller. Escrow is opened, you or your buyer agent deposited the earnest money to title company and now you are in escrow process. You likely think you’ve […]
2021 FHA loan limit in Arizona Increase about 7.4 Percent The department of Housing Urban Development (HUD) announced an increase FHA loan limit in Arizona for 2021. Starting 1/1/2021, the new 2021 FHA loan limit in Arizona for single-family properties in Maricopa county will be $381,347, up about 7.4% from $331,760 in 2020. This means […]
2021 Conventional Loan Limit Increase about 7.5 Percent Starting 1/1/2021, the 2021 conventional loan limit in Arizona Maricopa County for single-family properties will be $548,250, increased about 7.5% from up from $510,400 in 2020. This means first time home buyers using (3% down payment) can buy at a maximum purchase price of about $565,200! This […]
If you plans to refinance their mortgage, look into doing it before December 1, 2020 As mortgage rate are in historic lows right now, many homeowner are considering refinance their mortgage. However, the cost of refinancing is poised to rise, depending on your lender and where you are in the application process. Starting on December […]
Lender Checklist: What You Need When Applying for a Mortgage When you apply for a home loan you will need to provide your lender number of documents. These documents verify a number of facts about your life, from your income to your debts and beyond. Here is mortgage loan documents checklist will help you prepare […]
The Benefits of 20 percent Down Payment When Buying a Home If you are planning to buy a home, you may be confused about how much money you need to come up with for your down payment. Many people you talk to will tell you that you need to save 20% for down payment. The […]
How to check your credit report and credit score for FREE You found your dream home online and you had decided to move forward to next step of process of buying a home. Your Realtor ask you to get prequalification for mortgage, so that you know how much for sure that you really can afford. […]
What is Mortgage Prequalification and Why You Need One When Buying a Home? Are you ready to take the leap into home-ownership? If so, you’ve probably already begun the home search process online – it’s an excellent place to start! Here’s another tip I think will be helpful in getting you on the path to […]
Home Buying Tips: Understand Mortgage Loan Process from First Contact to Recording Understanding how mortgage loan process is important when buying a house with loan. Once you offer being accepted by seller, time is an essence in every check point in the buying process. Every contingency must be fulfilled by the certain time as stated […]
My commitment to my clients is to ensure your home buying or selling experience are the most rewarding, most cost & time efficient and as stress free process as possible, while maintaining a professional and ethical business.
