Mortgage Mario Pre-Approval video transcript Buying a home is exciting but before you start shopping for a home consider getting a mortgage pre-approval not only does it show that you’re a serious buyer and qualified to purchase a home it’ll also speed up the loan process once you intend to buy during your pre-approval will …
video transcript Hello everyone this is Mario Cardenas with Affinity Home lending I’m a local a loan officer in Woodstock Georgia. so I want to show you really quick how easy it is for a borrower to complete a mortgage loan application better known as a fannie mae 1003 or urla that is an acronym …
Video Transcript if you’re in the market for a new home or refinance you’re probably hearing a lot about mortgage interest rates and you probably think the lower the rate the lower my monthly payment but the truth is the lowest interest rate doesn’t always mean the lowest payment for starters there are closing costs …
It is about the Mortgage Payment and Not the Interest rate Read More »
Whether you’re looking to buy a home with a VA loan or refinance through the VA, you’re going to have to use a VA appraisal. An appraisal is when lenders send an appraiser to evaluate your home and establish a “fair market value” for the property. Keep in mind this is not as thorough as …
The VA does have a form of home requirements, known as the Minimum Property Requirements, to ensure the property is a safe and sound investment for the homebuyer. A common question we receive is, “Do VA loans have home requirements?” The Department of Veterans Affairs utilizes a series of Minimum Property Requirements, or MPRs, that …
Understanding the VA’s Minimum Property Requirements Read More »
Being a first-time homebuyer can be an overwhelming experience, with brand-new concepts to learn and life-changing decisions to make. There are also plenty of fine details that are easy to overlook but can end up causing you problems if you don’t address them correctly with your independent mortgage broker and real estate agent. Here are …
4 First-Time Homebuyer Mistakes You Should Avoid Read More »
When you apply for a mortgage, lenders will generally request all three of your credit reports (one from each credit bureau) and a FICO® Score☉ based on each report. However, the type of FICO® Scores they request are often older versions, due to guidelines set by government-backed mortgage companies Fannie Mae or Freddie Mac. It can be important …
Chelsei Roddy video transcript Hello this is mario cardenas i’m a loanofficer with affinity home lending i’mwith the greatchelsei with keller williams realty herelocally in Woodstockactually in my backyard where i live iknow i’m a loan officer in marietta buti reside inWoodstock though i’ve met um Chelseihere in my backyard we’ve become goodfriends and uh …
Woodstock Realtor Chelsei Roddy interviewed by Mortgage Mario Read More »
The Federal Housing Finance Agency introduced new upfront fees on Wednesday for some high-balance and second-home loans sold to Fannie Mae and Freddie Mac. Upfront fees for high balance loans will increase between 0.25% and 0.75%, tiered by the loan-to-value ratio. For second home loans, the upfront fees will increase between 1.125% and 3.875%, also tiered by the loan-to-value ratio. …
FHFA increases fees for high-balance and second-home loans Read More »
Mortgage Mario & Realtor Dana J Smith video transcript Hello everyone this is Mario Cardenasaka Mortgage Mario the proud owner ownerof mortgagemario.com i have realtor Danaon the zoom call with me how are youdoing today Danahi i’m great mario thanks for having meit is a pleasure and honor to have youhere thank you for waking …
Atlanta Realtor Dana J Smith interviewed by Mortgage Mario Read More »
