Mortgages
There’s a lot of mystery wrapped up in how you get pre-approved for a mortgage. Part of that lies in the debt-to-income ratio, which is part of the alchemy mortgage companies use to see how much you can borrow for your home. But how do they calculate it, and what’s behind the numbers? In this week’s…
Bob Johnson (AKA BobMortgage) hears it all the time. With our tight inventory, it’s hard to find a move-in ready home in your perfect neighborhood. Luckily, our most-trusted mortgage expert has a solution — financing your renovation in your mortgage. Don’t be discouraged if you find the perfect location with great schools, wonderful amenities, and…
By Lydia Blair Special Contributor Title companies are like the private detectives of real estate. That’s right. We’re like a combination of Sherlock Holmes and James Bond. Only without the guns and fast cars. Well, maybe we’re closer to a mixture of Nancy Drew and the tech nerd in the back of your office.…
The first hurdle that a homebuyer must surmount is the down payment on their mortgage. A tidy some with all of those zeroes, due closing, can be really intimidating for first-time buyers. Where can you get all that cash to secure the home of your dreams? Our most-trusted mortgage adviser, Bob Johnson (AKA BobMortgage), tells…
Here’s the net-net of the proposed Republican plan to “lower” our taxes. Mortgage interest deductions would be capped at mortgages $500,000 or less (half the current $1 million) for primary residences. Mortgage interest deductions for second homes would simply vanish. You may be thinking this doesn’t sound bad and you may be mostly right. While…
