What kind of lender is best? If you ask a loan officer, “What kind of lender is best?” the answer will be whatever kind of company he works for and he will give you a list of reasons why. If you meet the same loan officer years later, and he works for a different kind […]
Have you received an advertisement offering to save you thousands of dollars on your thirty-year mortgage and cut years off your payments? With email spam becoming more pervasive as everyone tries to get rich quick on the Internet, these ads are popping up with troublesome regularity. The ads promote a Biweekly Mortgage and for the […]
There really is no such thing as a no-cost mortgage loan. There are always costs, such as appraisal fees, escrow fees, title insurance fees, document fees, processing fees, flood certification fees, recording fees, notary fees, tax service fees, wire fees, and so on, depending on whether the loan is a purchase or a refinance. The […]
Mortgage Bankers Mortgage Bankers are lenders that are large enough to originate loans and create pools of loans, which are then sold directly to Fannie Mae, Freddie Mac, Ginnie Mae, jumbo loan investors, and others. Any company that does this is considered to be a mortgage banker. Some companies don’t sell directly to those major […]
What is a FICO® Score? FICO® stands for Fair Isaac & Company and is the name for the most well known credit scoring system, used by Experian. The credit bureau’s computer evaluates a complete credit profile and assigns a score, which is used to estimate credit worthiness. Each of the three bureaus (Experian, Trans Union, […]
In the olden days, when someone wanted a home loan they walked downtown to the neighborhood bank or savings & loan. If the bank had extra funds lying around and considered you a good credit risk, they would lend you the money from their own funds. It doesn’t generally work like that anymore. Most of […]
How would you like a mortgage loan where you did not have to make the whole payment if you did not want to? Or would you like a loan with an interest rate about 1% below a thirty-year fixed rate mortgage and pay zero points? Or a loan where you did not have to document […]
Your First Step Toward Buying a Home When preparing to buy a home, the first thing many homebuyers do is look at the real estate ads in newspapers, magazines and listings on the Internet. Some potential buyers read how-to articles like this one. The next thing you should do – before you call on an […]
There are so many different kinds of homes out there for families to choose from. Do you want to live in Lewiston? Or are you looking for a second home? How many bedrooms and bathrooms do you need? Do you need a large back yard? RV access? An attached garage? There are so many things to consider […]
Have you ever considered moving to beautiful Lewiston, New York? Lewiston is a desirable community & great location. Lewiston, New York boasts a variety of local landmarks, excellent schools, parks and much much more. Take a look at some of the most popular searches in Lewiston, New York and the surrounding areas. See: Homes for Sale in […]
How Much is your home worth in Lewiston, New York? If you are planning on selling your home, that is a question you need answered. As your Local Lewiston Real Estate Experts, we can help you to learn the answer to that question. We will personally do the research on your behalf and provide you […]
If you are a veteran and you are planning on purchasing a home you need to talk with one of our professional agents. There are some nice financing options for veterans. we have a lender that offers zero down payment, no application fee and great interest rates Call us today.
So what is a real estate closing anyway? Well simply put it’s the exchange of money for keys. This is the time where you sit down with your bank, your attorney and the seller’s attorney and actually signed all of the loan documents. Your bank will provide the check for the seller and the deed will […]
Here are some nice tips on things to pay attention to when you are seaching for a home in Western New York…
The median listing price for Lewiston homes is 260,000. It is still a buyers market but many of the homes on the market have reduced their listing price which means that many have been listed above market value causing them to sit without any offers. This presents an opportunity to make an offer and negotiate […]
In an improving residential real estate market, first time buyers may flinch at the greater loan amounts that accompany larger price tags. Lending standards have also put some first time buyers through a tougher gauntlet than faced during many previous eras. Although some easing is now beginning to take place, some first time buyers can […]