Recently USDA’s Rural Development release a new and improved refinance program. In the past, a homeowner that purchased their home with a USDA Rural Development mortgage could refinance into a new USDA Rural Development mortgage, but had to meet certain requirements, and often had to get an appraisal on their property. This made it nearly […]
Ohio Mortgage Rates
It’s been on the news, the radio, online, basically anywhere you look over the past few weeks you have seen that interest rates are at all time lows. So what does that mean for you? How much can you save? Well that depends on a lot of factors. Some of the factors that impact the interest […]
Ohio County Auditor List
I’ve just finished adding a complete list of all the county auditors in the State of Ohio including contact information and website. You can find this comprehensive list here OHIO COUNTY AUDITORS The county auditor’s website can offer a wealth of information for both existing homeowners and prospective home buyers including: property tax amounts property […]
Applying for a mortgage?
The past 3 years have seen quite a bit of change in the mortgage industry. Lenders requiring more documentation, explanations on what was long considered trivial bank deposits, credit score requirements, and the list goes on. Here are 10 Rules to follow when you are applying for a mortgage. Do not change jobs or become self-employed. […]
Credit Scores and the Best Mortgage
So you are in the market to buy a new home or maybe you are thinking about refinancing your mortgage to take advantage of the historically low rates. What should you do to set yourself up for the best possible terms on the new mortgage? Check your credit! I have dealt with many clients all […]
HOW A NO COST REFINANCE WORKS
It depends. On what you ask? Well it depends on what you consider cost. Is cost just closing costs? Or is cost the actual expenditure on your mortgage monthly, yearly, over the life of the loan? A NO CLOSING COST refinance is easily obtained. Here is how it works: Lets say that the normal closing […]
OHIO MORTGAGE REFINANCE RATES EXPLAINED
What’s your rate for a refinance? That is one of the most common questions asked to a loan officer. There is no correct answer. Pick a number, and you can probably get that rate (within reason). However, it may cost you an arm and a leg. So what should you ask? That all depends on […]
FORECLOSURE AFFECTS ON FUTURE HOME OWNERSHIP
Everywhere we turn we are inundated with news of, and statistics about foreclosures. Hardship foreclosures, strategic foreclosures, the list goes on and on. One question frequently asked is “What is the actual date of the foreclosure?”. Is it the date of sheriff’s sale, the date of the confirmation of sale, the date the deed was […]
OHIO HOME BUYERS, SHOULD YOU GET A HOUSE INSPECTED?
With home sales picking up in a majority of Ohio, prospective buyers will look for any advantage they can to edge out the competition. One of those may be waiving inspection contingencies. Experienced homeowners and first time homebuyers alike, should make an educated decision on whether or not to get a home inspection. There are […]
PURCHASE A HOME IN OHIO – DO’s and DON’Ts
If you are in the market to purchase a home in Ohio, here is a few things to keep in mind before looking for a home, and during the loan process: DO Contact a Loan Officer – they can help you navigate the mine field of mortgages better than any article you will find on […]
