

Is Mortgage Refinance a Right For You?
Every time you turn on the TV or open your mail box someone is trying to convince you to refinance your mortgage. You’ll hear/read a lot of words like, “ Rates at an all time low! ” and “Refinance your current mortgage and get big cash back!” etc. But whether or not if it is the right time to refinance depends completely on your circumstances. Like anything else, you are the only authority that needs to determine if refinancing is right for you depending upon the specifics of


Mortgage Terms 101
Not all of us are fortunate enough to make full cash offer to purchase their dream houses. Most of us have to go for mortgage loans in order to get it. These loans have monthly installments to be paid throughout the term of the mortgage. Therefore, it is wise to check out a few lenders and compare their rates before going out there and submitting your application. Also, there are many things that mortgage lenders and bank consider before approving your loan. This means you wi

5 Things NOT to do during the Closing Process
Keeping things consistent throughout the loan process will help ensure you have a stress-free mortgage process. Here are 5 tips from Jennifer No-Cypress Mortgage Pro. 1. DO NOT CHANGE YOUR MARITAL STATUS How you hold title is affected by your marital status here in Texas. Make sure your lender is aware of any changes in your marital status so that documents can be prepared correctly. 2. DO NOT CHANGE JOBS A job change may result in your loan being denied, particularly if yo

A Borrower’s Guide to Mortgage Application
A Borrower’s Guide to Mortgage Application What's a mortgage application? The basic purpose of a mortgage application is helping the lender decide whether to lend money to the borrower or not. But when you apply for a mortgage, filling the standard Uniform Residential Loan Application is a little bit more complicated than that. There are a total of FIVE sections in the application form and here is a section by section summary of the same, which will allow you to understand it


What makes up a credit score ?
****Credit lesson****
When I analyze clients credit report the #1 thing I see that negatively impacts a client credit score is.....High credit card balances. Keeping you balance under 30% of your available credit limit will help your score each month. A balance at 50% doesn't help or hurt your score and a balance over 50% will hurt your score. For a few of you over your credit limit, that is tanking your score. If you don't have the extra cash to pay down your limits-apply f