Tip #6 FBI – First Be Informed!

Know something about who you’re dealing with – don’t just go through knothead mortgage.com. “Know that what you’re being quoted” makes sense and will work for you. If you have an equity loan where you’ve taken equity out of...

Tip #5 Hold off on that shopping!

From the time you decide to buy or refinance until your loan closes and funds, don’t buy anything you don’t have to have. It used to be that your credit report would be run again the day before you close. Now it’s run between closing and funding. On...

TIP #4 Self Employed Beware!

One recent change that will affect many folks who are looking to buy or refinance their homes: If you are self-employed or a contract worker, beware of write offs on your tax returns. There are no longer any stated income loans – you tell us you make $100,000...

TIP #3 Good Faith Estimates and Fees Worksheets

Three things you need to know about good faith estimates. As far as the interest rate, you’re always working with a moving target. If you’ve got one or several from a week ago you’re comparing, it’s old news. Unless you’ve specifically...

TIP #2 – Vote yourself a pay raise!

No matter which political side you sit on wouldn’t it be nice to be like Congress and be able to vote yourself a pay raise? Why not consider voting yourself in for a pay raise by getting better terms on your mortgage? Lots of people are doing it, so you really...