by admin | Jul 24, 2020 | Mortgage Rates and Information
Banks assured borrowers that payment deferrals would carry no negative consequences, and would not affect their credit reporting. As lending professionals, it became our responsibility to assist our clients with navigating the risks and rewards of such a decision.
by admin | Nov 8, 2019 | Mortgage Rates and Information
If you’ve received a Pre-Approval from The Mortgage Professionals, your Mortgage Professional likely pulled a credit bureau, reviewed your income and down payment documentation and provided you with a pre-approval. The pre-approval would likely be subject only...
by admin | Jul 31, 2019 | Mortgage Rates and Information
Here at The Mortgage Professionals, we have access to over 30 lenders, including some of top banks. We offer you the best mortgage based on your financial needs, looking for a low rate, competitive terms and a lower potential future penalty to exit the mortgage. The...
by admin | Jun 30, 2019 | Mortgage Rates and Information
Most banks now default to providing you with a collateral mortgage (versus a conventional mortgage provided by most non-bank lenders). But what does that mean to you? What is a collateral mortgage? With a collateral mortgage, banks can register the mortgage up to...
by admin | Mar 23, 2018 | Mortgage Rates and Information
The What An appraisal is used to determine whether a home’s sale price or estimated value is appropriate given the home’s condition, location, and features. The appraisal helps the bank protect itself against lending more than it might be able to recover...
by admin | Nov 30, 2017 | Mortgage Rates and Information, Our Agents
Mortgage rates and rules are continuously changing, and mortgage financing is therefore becoming more complicated. What was easily approved just a year ago may not be today. There is no better time to use a Mortgage Broker and benefit from our expertise and reputation...