by lizlaurenb | Oct 24, 2023 | Mortgage
When a borrower applies for a mortgage loan, the lender typically requires proof of insurance coverage before they approve the loan. An insurance binder is a document issued by the insurance company that provides temporary proof of insurance coverage until the...
by lizlaurenb | Oct 23, 2023 | Financial Reports
This week featured the usual retail sales report which shows consumer demand and as well as an indicator of the velocity of money, not only for consumers but business to business as well. An increase would show an increase in national and local increase in economic...
by lizlaurenb | Oct 20, 2023 | Mortgage
As retirement approaches, many individuals find themselves faced with financial challenges and uncertainties. One option that is often overlooked but can be incredibly beneficial is the reverse mortgage. A reverse mortgage is a financial tool that allows homeowners...
by lizlaurenb | Oct 19, 2023 | Mortgage Tips
In the world of personal finance and homeownership, there’s a common debate: should you pay off your mortgage early, or is it better to take a more relaxed approach to your home loan? While the idea of being mortgage-free is undoubtedly appealing, there are...
by lizlaurenb | Oct 18, 2023 | Mortgage, Mortgage Tips
When it comes to buying a home, one of the most critical factors to consider is how much you can borrow through a mortgage. Mortgage lenders play a pivotal role in determining your borrowing capacity. We will delve into the intricacies of how mortgage lenders decide...
