Mortgage Videos

The COE is the key document that verifies to lenders that someone is eligible for a VA-backed loan. See Full Video

FHA loan limits vary throughout the country. Ask me for details and confirmation of current limits. See Full Video

Mortgage insurance is a policy that protects lenders against some or most of the losses that result from defaults on home mortgages. See Full Video

An escrow account sets aside a portion of your monthly mortgage payment to cover annual charges for homeowners insurance, mortgage insurance (if applicable), and property taxes. See Full Video

What are the Ability to repay rules about? New laws require lenders to make a good-faith assessment of a borrowers capacity to pay back their loan over time. See Full Video

The monthly mortgage payment mainly pays off principal and interest. But most lenders also include local real estate taxes homeowners insurance, and mortgage insurance, if applicable. See Full Video

The name is misleading - they’re not loans FROM the VA. VA loan guarantees cover buying, building, repairing, retaining and adapting homes for personal occupancy by eligible Veterans and survivors. See Full Video

With the exception of a few additional forms, the FHA loan application process is similar to that of a conventional loan. See Full Video

Discount points allow you to lower your interest rate. Points are essentially prepaid interest with each point equaling 1percent of the total loan amount. See Full Video

Under the right conditions, eligible veterans may qualify for another VA loan. See Full Video

This video could save some veterans thousands.  VA loan applicants pay a funding fee which can be thousands of dollars. Some veterans and spouses are eligible for exemption. See Full Video

Get pointers from this short video - start by thinking about your situation, and consider some key issues

Major Veterans Affairs loan programs include purchase, cash out, interest rate reduction and others. See Full Video

The amount of the down payment, the size of the mortgage loan, the interest rate, the length of the repayment term and payment schedule will all affect the size of your mortgage payment. See Full Video

There are no easy ways to improve your credit score but you can work to keep it acceptable by maintaining a good credit history. See Full Video

There are mortgage options now available that only require a down payment of 5 percent or less of the purchase price. Remember - the larger the down payment, the less you have to borrow and the more equity you will have. See Full Video

The FHA works to make homeownership a possibility for more Americans. See Full Video

With fixed rates, housing costs will not be affected by interest rate changes and inflation. Compare payments, principal and interest totals to make a decision. See Full Video

As of 2013, the FHA allows you to use 29% of your income towards housing costs and 41% towards housing expenses and other long-term debt. See Full Video

As you will see in this video, unless you have a buyers agent remember that the agent works for the seller. Make a point of asking him or her to keep your discussions and information confidential. See Full Video

Purchasing a home is exciting, but closing costs can accumulate quickly. Watch this video to have a good mental picture of the costs that you are likely to incur. See Full Video

Yes! You can assume most existing FHA-insured loans, or, if you are the one deciding to sell allow a buyer to assume yours. See Full Video

Except for the addition of an FHA mortgage insurance premium, FHA closing costs are similar to those of a conventional loan. See Full Video

203(b) is the most commonly used FHA program, while 203(k) loans enable homebuyers to finance both the purchase and rehabilitation of a home through a single mortgage. See Full Video