To understand what the next mortgage crisis will look like we need to review the last mortgage bubble that crippled the economy which led to the “Great Recession”. Unemployment reached 10% with over 7 million jobs lost. The first investment bank to go down was Lehman Brothers the 4th largest at the time followed by… [Read More]

We frequently have clients that want to keep their current home as a rental while having the luxury of purchasing a new one. We are going to dive into some of the requirements on how to count this new rental income on your loan approval without having any prior renters on the property. You might… [Read More]

With so many real estate agents out there, the upfront process can be confusing. You might have a friend, family member or have seen a sign in a yard for sale but, how do you pick an agent and what questions should you be asking. The key to saving thousands of dollars comes from picking… [Read More]

The million dollar question when shopping for a mortgage loan is “how to get the best mortgage rate in texas” without sacrificing service or working with a Loan Officer that works in Idaho that is a headache to work with, doesn’t care about the details, and won’t communicate with you! In this article I’m going to… [Read More]

When starting the pre-approval process, you should not do anything that will have an adverse effect on your loan from this point through your closing date. It may be tempting to start opening credit cards for furniture and other miscellaneous items, but this is the time to keep your financial picture frozen in a stable… [Read More]