The Marquee Loop: Cash Out refinancing

June 19, 2023

Posted in: 2023, Mortgage 101, Refi's and Purchases

Cash-out refinancing is a financial option available to homeowners who want to tap into the equity they have built in their home. It involves…

The Marquee Loop, Mortgage Myths: Self Employment

June 15, 2023

Posted in: Mortgage Myths

The statement “You can’t qualify for a mortgage if you’re self-employed” is a mortgage myth. While being self-employed does present some unique challenges when…

The Marquee Loop, Mortgage Myths: Car Payments

June 12, 2023

Posted in: 2023, Mortgage Myths

The statement “You can’t get a mortgage if you have a high car loan payment” is not entirely accurate and can be considered a…

The Marquee Loop: Refis Vs. Purchasing

June 9, 2023

Posted in: 2023, Refi's and Purchases

Refinance and purchase are two different types of transactions related to mortgage loans. Here’s a comparison between refinancing and purchasing a home: Refinance: Refinancing…

The Marquee Loop: Private Mortgage insurance

June 6, 2023

Posted in: 2023, Mortgage 101

Private Mortgage Insurance (PMI) is a type of insurance that protects lenders in case a borrower defaults on their mortgage loan. PMI is typically…

The Marquee Loop, Mortgage Myths

June 2, 2023

Posted in: Mortgage 101, Mortgage Myths

Mortgage Myths: You should always choose a mortgage based on the lowest monthly payment mortgage myth. Yes, the statement “You should always choose a…

The Marquee Loop: Conventional Loans

June 1, 2023

Posted in: 2023, Conventional loans, Mortgage 101

Conventional loans are mortgage loans that are not insured or guaranteed by a government entity. Instead, they are offered by private lenders such as…