Deciding How Much Money to Put Down on a House
Although a 20% down payment is recommended, it’s not necessarily required. There are options to put down much less, but it may not necessarily be the best decision for you.
What are Mortgage Origination Fees?
If you’ve been researching the home buying process you’ve probably stumbled upon the term origination fee. Mortgage origination fees are upfront costs that must be paid to the lender in exchange for originating your mortgage.
What is a Title Search?
And although title transfers may seem simple, they can actually become quite complicated if there are unresolved liens or claims on the property. This makes title searches important for both buyers and sellers.
How is my Mortgage Interest Rate Determined?
If you need to take out a loan, you’re going to have to pay back that loan with interest. Interest is paid in exchange for the convenience of borrowing money. It’s sort of like the price on borrowing money...
What to Know if You’re Refinancing: How COVID-19 has Affected Mortgage Rates
Ever since the Federal Reserve slashed short term rated and pushed money into the mortgage market, interest rates have begun to stabilize at extraordinary low numbers. These low interest rates are making it a fantastic time to refinance...
June Saw Highest Monthly Gain of Existing Homes Sales, Surging Nearly 21%
According to the National Association of Realtors, existing home sales for June surged almost 21% compared to May.
Mortgage Rates Continue to Drop to Record Lows
Just when we thought mortgage rates were done breaking records, Freddie Mac announces that 30-year fixed rate mortgage rates have dropped to another new low.
Housing Market is Buzzing Amidst Covid-19 Pandemic
It may be hard to admit, but the Coronavirus pandemic is going to have a harsh effect on the economy. Under normal circumstances, this would result in terrible consequences for the housing market. And yet, the opposite effect is starting to take place.
Forbearance or Loan Modification?
“Forbearance” is becoming quite a common term these days as the Coronavirus pandemic continues. As the word becomes more popular, it’s increasingly important for those who could benefit from forbearance be aware of what the term actually means.
DIY Tips for Boosting Your Home’s Curb Appeal
With the COVID-19 pandemic keeping folks indoors, many have been using this time to make updates to their home’s interior. But what about their home’s exterior? Here are a few easy DIY tips for you to update your home’s curb appeal.
Start the Home Loan Process Today With Jet Direct Mobile
We’re committed to making the home loan application process as easy as possible. To that end, we have developed our very own mobile app, Jet Direct Mobile.