Mortgage Minutes
Videos designed to educate and guide you through all aspects of the mortgage process. For further reading visit my blog.
Videos designed to educate and guide you through all aspects of the mortgage process. For further reading visit my blog.
Buying a home is a big investment, and the last thing you want is for unexpected life events—like job loss, illness, or injury—to put your home at risk. That’s where mortgage life & disability insurance comes in.
✅ Life happens—your coverage should move with you.
✅ Locked-in premiums.
✅ Protect your family & your home.
Your separation agreement provides vital legal clarity on how assets, debts, and responsibilities are divided post-separation. This includes property ownership, debt allocation, and details on child and spousal support. Lenders rely on this clarity to accurately assess your financial situation.
A separation agreement outlines how ongoing expenses, such as mortgage payments, will be handled after separation. This demonstrates financial stability to lenders and helps them understand who is responsible for mortgage payments and property ownership.
Most importantly, the separation agreement details child and spousal support payments, which directly impact your mortgage qualification. If you're receiving support, lenders consider various factors outlined in the agreement, such as the age of the children and duration of payments to assess your income stability.
For those making support payments, these are factored into liabilities. This can significantly affect your borrowing capacity and what you can afford in terms of mortgage payments and property.
If you're navigating the complexities of a separation, consulting with legal and financial professionals can provide invaluable guidance tailored to your situation.
Ready to take control of your financial future? Let's explore the world of credit and pave the way to financial well-being together!
Are you prepared for these additional costs on your home buying journey?
Are you risking your family’s future by not considering life and disability insurance in your home buying journey?
Understanding the ins and outs of conditions on your offer and how deposits work can make a big difference in your home buying journey.
In a world where information is abundant, but expertise is invaluable, are you willing to gamble with one of the biggest investments of your life?
Ready to make your first move into homeownership? Discover exclusive programs available for first time buyers like you.
Are traditional banks becoming obsolete in the fast-paced world of first-time home buying? Join me as we unravel the surprising trend of why an increasing number of homebuyers are ditching banks for mortgage brokers.
Are you ready to unlock the door to your first home? Don’t let your credit score get in the way of homeownership.
There’s a lot to explore when it comes to your mortgage, and It’s always a great idea to reach out to your mortgage professional to get the help you need.
This week, we tackle an important question many renters are asking, do we continue to rent, or is this the year we buy our first home?
A new series specifically for First Time Home Buyers drops next Monday. If you’re looking to buy in 2024, you don’t want to miss it!
Let's talk about reasons when you should and when you might not want to switch lenders at renewal.
Saving for a down payment can be a challenge. Here are some strategies to get you started with savings.
Payment shock is the sudden increase in monthly mortgage payments that you may face when your mortgage is up for renewal. This can be a stressful and challenging situation for clients to navigate, but there are a few strategies you can use to overcome it.
A reverse mortgage is available to homeowners 55 and older, and allows them to access a portion of the equity in their home. Unlike traditional mortgages, reverse mortgages do not require any income qualification or monthly payments.
Bonds are a type of investment that involves lending money to a borrower in exchange for interest payments over a set period of time.
The interest rate on a bond can influence the interest rate on a mortgage in several ways
If you have struggled with limited credit or challenges in the past, did you know that you can help build your credit history with your monthly rent payments?
Last week, we saw many of our lenders raise their fixed interest rates. This is due largely in part to the increase in bond yields.
Jason Kim
Quote Source
Tami Marks
KrisAnn
Alisha Toye