By Mike Miles There is more to financing a home than most people think. No single borrower is the same as another, therefore no home loan is the same as
Your Mortgage: 5 reasons indie mortgage companies have become the “it” thing in lending
By Charity Ohlund As behemoth companies continue to dominate how we buy everything from mobile phone service and cable tv to where we shop online for, well, just about anything,
Your Mortgage: Got an escrow shortage? Here’s how it happens
By Mike Miles When we underwrite a borrower, we calculate the full mortgage payment due as part of the debt-to-income calculation. A full mortgage payment consists of principle, interest, taxes,
Your Mortgage: Investment property purchase rundown
By Mike Miles One of the most frequent questions we hear deals with buyers asking how they can qualify for purchasing homes to be used as investment properties. Purchasing investment
Your Mortgage: Partner up and invest in a vacation home
By Mike Miles Ever been to a place on a vacation and thought to yourself that it would be great to live there? I think we all have right? Whether
Your Mortgage: Credit explained
By Mike Miles Credit scoring has the biggest impact on mortgage loan financing. It’s the main driver for determining an interest rate. It’s the best representation of the level of
Your Mortgage: Updates to low-down payment mortgage options
By Mike Miles Last week I wrote about how the expansion of credit risks was not resembling a re-emergence of the factors that led to the housing crisis. As a
Your Mortgage: Don’t worry. It’s not like 2006.
By Mike Miles Home values have been rising and banks are creating loan products to gain more market share. Here we go again right? Not exactly. While it’s true that
Your Mortgage: Renovating like Joanna Gaines
By Mike Miles I’m guilty of it too. I have no shame in watching several Fixer Upper episodes in a row … even though my gut tells me it’s a
Your Mortgage: Loans that benefit members of our armed forces
By Mike Miles The month of May is National Military Appreciation Month. It’s meant to encourage U.S. citizens to observe the month in a symbol of unity as it honors
Your Mortgage: Market update
By Mike Miles If anyone is waiting on interest rates to take a dip … you might be waiting for a while. There are too many indications that things are
Your Mortgage: A billion dollar fine – a reminder that bigger isn’t always better
By Mike Miles Being a smaller business in the mortgage industry can sometimes feel like we are overshadowed by the bigger players in the game. While we know we do
Your Mortgage: Mortgage and credit tips for tax season
By Mike Miles It’s hard to believe we are already at this point of the year. Tax season is just about finished, and for many of us that file taxes,
Your Mortgage: Anyone losing money in the stock market?
By Mike Miles Many of us are wondering what exactly is going on with the stock market. It has been on cruise control for months. We’ve seen the broader indexes
Mortgage 101: Partner up and invest in a vacation home
Ever been to a place on a vacation and thought to yourself that it would be great to live there? I think we all have, right? Whether it be in