YOUR DOWN PAYMENT MUST COME FROM YOUR OWN SAVINGS? FACT: Your down payment can come from a number of sources, including personal funds, gift funds, grants and affordable second mortgages. Source: Freddie Mac
MORTGAGE PRE-QUALIFICATION VS. PRE-APPROVAL… WHAT’S THE DIFFERENCE? What is mortgage pre-qualification? Pre-qualification means that a lender has evaluated your creditworthiness and has decided that you probably will be eligible for a loan up to a certain amount. Most often, the pre-qualification letter is an approximation—not a promise—based solely on the information you give the lender [...]
Did you know that income affects the home market? Available income in an area influences affordability and, as a result, value. Click here or the image below to see how things look in your neighborhood.
Interests rates - are they increasing? Decreasing? Will they stay the same? In this market update, Justin Brown with the NuHome Team of Cross Country Mortgage discusses the current state of interest rates, his forecast based on the global economy and current events, and what this means for YOU. If you have any questions regarding [...]
Calling all Ghouls and Boys! Get your FREE Pumpkin during our Pumpkin Week Oct 23-27! Redeem your voucher for one pumpkin ($15 value) by reposting the Pumpkin Week Image (**THIS IMAGE WILL BE POSTED ON 10/23--STAY TUNED**) AND by checking in to the Justin Brown - Loans by JB page on that post!! After you repost and [...]
Justin Brown is back with vital information regarding how YOU may be eligible to save A LOT of money. In this market update, Justin Brown with the NuHome Team of Cross Country Mortgage discusses the issue with some solicitors as well as how you can potentially save money if you have a 4% or higher [...]
Did you know there are several tax benefits of home ownership? Reach out to us today to learn more! We'd be happy to share these benefits with you!
Do not buy a home without first educating yourself on supplemental tax bills! These cause a lot of frustration and financial surprise to homeowners that are not educated on how they work. Expect to get them and be prepared to know how to handle the details. Watch this video to learn more!
Interest, housing prices, and multiple offers - oh my! In this market update, Justin Brown with the NuHome Team of Cross Country Mortgage sheds some light on how interest rates have risen this past month, the issue with rising housing prices and zero wage growth, as well as how to get your offer accepted in [...]
Imagine potentially buying a home with only 1% down! In this market update, Justin Brown with the NuHome Team of Cross Country Mortgage explains this new conventional loan, a new 5% Jumbo Loan option, as well as what Fannie Mae is doing to expand the market for more people to become homeowners. He also goes [...]