Residents of Southern Nevada, who lost their property due to financial hardship during the recession, now have an opportunity to be home owners again. The Federal Housing Administration’s new "Back to Work-Extenuating Circumstances" program can expedite this process, allowing it to happen sooner rather than later. For those who …
Last week the Mortgage Bankers Association (MBA) reported that nationwide mortgage applications have fallen nearly 5%. Higher interest rates combined with increased mortgage insurance premiums and tighter lending standards have hit applications hard. Refinance requests were also down.
During the start of our housing recovery, the …
Some big changes are taking place in the mortgage industry. Because of this, home buyers in the Las Vegas and Henderson will want to get educated before they start their loan process. The Consumer Financial Protection …
First time home buyers may look at the road ahead of them and be overwhelmed. This is understandable. I remember many years ago buying my first home with my wife. We were excited and slightly terrified. Looking back I realize …
Mortgage rates have come back down again over the last few months. Historically speaking, money is extremely cheap. Currently a 30 year mortgage rate is under 4% and a 15 year mortgage can be had for …
Thinking about buying a condo in Las Vegas? Here are a few things to take into consideration when you’re applying for a loan.
Keep in mind that you're not …
After the initial excitement of buying a home here in Las Vegas wears off, the number of years you’ll be tied to your mortgage can sometimes be a tough pill to swallow. In previous blog posts I’ve been a …
For most people here in Las Vegas and Henderson, buying a home requires getting a mortgage. First time home buyers or even those who have purchased property in the past, can find this process to be rather daunting.
Mortgage lenders often sound like they speak a different …