“I’m going to wait until the interest rates and housing prices go down before I buy a house” “It’s just not the right time” “I don’t think I can afford it” We’ve heard it all before. Excuse after excuse as to why people wait to achieve the dream of home ownership. We know the idea
To keep you on top of your credit while you prepare to refinance or purchase a home, you should be aware of the five factors that determine credit score.
Everyone knows that Christmas is the time for giving. Maybe so much so that many of us get so wrapped up in buying the most lavish gift or spending more than we planned. Whether you stood in line for hours on Black Friday for a cheap Xbox for your kids or a new flat screen
If you have kids in their mid teens or even younger, you’ve probably thought more than you wanted about their plans after high school. If you fall into this category you may also know the hot topic is that federal student loan rates have doubled in the past few months making it even more expensive
As many of you are aware, on April 1st of this year, the FHA made changes to their monthly mortgage insurance by raising the premium by 10 basis points. For instance, if you were only putting 3.5% down on a FHA loan before April, your monthly payment MIP (Mortgage Insurance Payment) would have been 1.25%
Note: This is the second piece in a two-part blog. Click here to see part one, “What Really Happens When I Apply for a Mortgage” Obviously circumstances arise which legitimately prolong the mortgage approval process. Not every loan will close in 2-3 weeks no matter how capable all of the parties involved are. However, you
(…and how to avoid it taking over your life for half a year) Whether you’ve picked out your dream house and need a purchase loan or you continue to see mortgage rates advertised for much lower than what you have and decide it’s time to refinance, applying for a loan is your next step. You

Get a New Year, New You Headshot!

If your headshot looks anything like this image, it’s probably safe to say it’s time to book your appointment for the new year. Don’t want to spend a pretty penny on a new photo? Well worry not, Primary Residential Mortgage | Primary Local has you covered! For just $15, you can have a new, beautiful

“What’s Your Rate?!”

FHA Loans
Note: Written by Charles D’Arezzo, Sr. Loan Officer NMLS 29022 If you are interested in buying a new house or refinancing the house you’re in, you have probably talked to many banks and mortgage lenders and asked “What’s Your Rate?” It’s a very important piece of information as your interest rate determines what your ultimate
We have already received some pretty great coloring contest entries, but if your child has not yet sent in a picture of what he/she is thankful for, there is still time! Our Thanksgiving coloring contest is open to anyone ages 13 and under (with parental permission) and is running until November 16, 2012. What Do