By Mike Miles I’m a little confused as to why I haven’t written about this topic before. It’s one of the more common questions we get from potential clients. What’s

By Mike Miles Billions of dollars are paid by companies to advertise mortgage interest rates. This is making the mortgage industry more of a commodity-based service instead of a value-based

By Mike Miles Halloween is nearly here already. That means television networks think it’s a good idea to play the new Halloween movie (Michael Myers) trailer during the late afternoon

By Mike Miles Most everyone anticipated mortgage rates would be increasing this year. Recently, we saw a jump by about a quarter percent to put the 30-year mortgage rate around

By Mike Miles Last week’s wildly popular post introduced my opinion of equity. If you haven’t read it, here is the link. It leads to today’s column, which will discuss

By Mike Miles Hardly anyone agrees with me and my opinion of equity. Even my amazing wife shakes her head at me when I try to convince her that I’m

By Mike Miles The idea of a home buyer doing two loans to finance a home purchase is gaining popularity. It’s natural to have some reservations about the idea, considering

By Mike Miles There are several ways in which employees can be paid. For those that are paid a straight salary, qualifying for a loan is pretty straight forward …

By Mike Miles Last week’s post introduced some basics concerning what to be aware of when borrowers are coming out of a divorce after it’s been finalized. This week’s post

By Mike Miles Divorce is a major event. Lives are about to be turned upside down and inside out. Parenting, childcare, liabilities and assets, including housing, are all about to

By Mike Miles Congratulations! You found a house and you’re under contract! Now you get to start thinking about things like decorating, which furniture goes best with which rooms, landscaping,

By Charity Ohlund, Director of Business Development A big dream. A little luck. And a lot of great people. That’s what it took to get Fountain Mortgage to where we

By Mike Miles The Federal Open Market Committee (FOMC) recently met and decided to maintain the current federal funds rate (also known as the overnight rate) in the target range

By Mike Miles There is an easy answer to this question, but everybody rolls their eyes when they hear it. Ready for it? The answer is … (drumroll) … yes

By Mike Miles There’s an old cliché that goes something like this. “It’s more fun to give than it is to receive.” Today’s post will discuss how non-occupant borrowers are