Options for Getting Out of a Joint Mortgage Posted on September 18, 2018 by JMCHood You signed a joint mortgage with your spouse or significant other and now you want out. Can you just walk away from the home and tell… Read More
The Secret to a Fast HELOC Approval Posted on August 30, 2018 by JMCHood A HELOC can serve as an emergency fund, help you remodel your home, or pay for college. Whether you need the funds fast or you want… Read More
Can You Refinance If You Are Behind on Mortgage Payments? Posted on August 10, 2018 by JMCHood If there’s one thing all lenders look at when qualifying you for a refinance, it’s your mortgage payment history. Lenders want to see that you pay… Read More
5 Ways to Make Your VA Loan Refinance go Smoother Posted on August 9, 2018 by JMCHood Do you have a VA loan and want to refinance it? Did you know you may have the option to use the VA streamline refinance? This… Read More
What Not To Do During the Mortgage Approval Process Posted on July 10, 2018 by JMCHood Once you start the mortgage approval process, you have to ‘freeze’ your financial life. In other words, you don’t want anything to change. Even the smallest… Read More
How Does an Appraisal Affect a Refinance? Posted on June 21, 2018 by JMCHood The appraisal is one of the most important factors in your refinance. It’s how the lenders determine how much they can lend you. Of course, you… Read More
Follow These 5 Tips for a Stress-Free Home Closing Posted on June 12, 2018 by JMCHood If you thought searching for a home was stressful, just wait until you get to the closing. Just when you thought everything was going perfectly fine,… Read More
What is a Qualified Mortgage? Posted on June 7, 2018 by JMCHood Chances are that if you secure a mortgage under the conventional or government-backed programs, you are getting a Qualified Mortgage. In basic terms, this means it… Read More
Do all Mortgage Lenders Offer VA Loans? Posted on June 1, 2018 by JMCHood Veterans have the opportunity to borrow 100% of the purchase price of a home assuming the home is worth as much as the sales price. But,… Read More
What Is VA Second-Tier Entitlement? Posted on May 17, 2018 by JMCHood If you are a veteran with adequate time in the service, you may be eligible for VA home loan benefits. What many veterans don’t know is… Read More