Category Archives: Mortgage and Financing
Adjustable Rate Mortgages: The Good, the Bad and the Ugly
Adjustable rate mortgages are loans with variable interest rates that change according to the market rates, as opposed to fixed rate mortgages, which guarantee a set rate for the entire period of the loan. ARMs may seem like a great … Continue reading
Reverse Mortgage Policy Leaves Widows, Widowers Homeless
Mainstreet.com Monkey Business Images By Juliette Fairley Karen Hunziker was 60 when her husband, Charles, secured a reverse mortgage on their Pollock Pines, Californina, home. At the time, Hunziker was advised by the mortgage broker to remove her name from … Continue reading
Do you have a complaint about your mortgage?
By Vickie Elmer, NY Times Published: January 27, 2012 THOSE who have issues with their mortgage lenders now have another place to take them: the Consumer Financial Protection Bureau, which began accepting such complaints and inquiries this month. A goal … Continue reading
The Power of Assumability
by Dean Hartman One of the rarely touted advantages of people taking FHA mortgages today is the fact that they are assumable. What that means is, when the FHA homebuyer of today is looking to sell his home, a qualified … Continue reading
Posted in Mortgage and Financing
Tagged 30 year fixed mortgage, assumable mortgage, Debby Frank, Debby Frank Keller Williams, Keller Williams Realty, Mortgage, new mortgage, real estate, Westchester County, Westchester homes for sale, Yonkers, Yonkers homes for sale, Yonkers real estate
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Retiring Without a Home Loan
The New York Times by Janet Morrissey It has long been an element of the American dream for a homeowner to burn the mortgage note and celebrate, as soon as he or she is able to pay it off. Conventional … Continue reading
After a Rejection
The New York Times by Vicky Elmer JUST because your mortgage application has been rejected doesn’t mean you won’t eventually get funding. Related. Some borrowers succeed on the second or third attempt, usually with a different mortgage professional, and often … Continue reading
The 4 C’s of Mortgage Underwriting
by KCM blog With Spring upon us, and new buyers out looking for houses, I thought today might be a good time to review the basics of what lenders look for as they decide to approve (or deny) mortgage applications. … Continue reading
Posted in Mortgage and Financing
Tagged Debby Frank, financing, Mortgage, real estate, Westchester County
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Westchester Real Estate: your guide to homes for sale and all things real estate 