Mortgage Loan-Level Price Adjustment Comparison
LLPA Pricing Comparison Tool Loan-Level Price Adjustment is a pricing adjustment made to a mortgage loan based on a borrower’s creditworthiness and […]
Category: Florida Mortgage Loan
What is Mortgage Recasting?
A recast is when you make a lump-sum payment toward the principal of your loan to reduce your mortgage balance, and your mortgage lender subsequently recalculates your payment.
Debt Service Coverage Ratio Loan
The Debt Service Coverage Ratio loan makes financing investment properties much easier for real estate investors. DSCR is a nontraditional loan that […]
VA vs. Conventional Loans – Which is better for the seller?
When it comes to VA or conventional loans, the choice for buyers who are veterans is often simple – VA. VA loans […]
Rent Costs Rising since 1988
Planning on renting this year? If so, keep in mind that rents have risen for the past 34 years, and they’re still skyrocketing today.
Can a Financed Offer Win Over a Cash Offer?
As a buyer looking to finance, the best way to compete with a cash offer is to create confidence in an offer.
Florida Mortgage Firm Ranked No. 1 in Florida
Florida Mortgage Firm Ranked No. 1 Brokerage 4 Straight Years Thank you, Florida! You have helped us receive the No. 1 Mortgage […]
What is a PIW?
When an appraisal is waived on a conventional mortgage transaction, it’s known as a property inspection waiver.
What is an EMD?
An EMD stands for “earnest money deposit.” When purchasing a home, a buyer’s EMD represents his or her good faith in completing […]
First-Time Homebuyers Should Know This Before Buying a Home
Before purchasing a home, here is what you need to know about credit scores. There are multiple loan programs, and they have […]