A common question in the pre-approval process is: how do I increase my purchasing power? Can I borrow more? One way to increase the amount you borrow is to eliminate your responsibility on co-signed debt like student and car loans.… more
The Definitive Resource for Home Loans in Greater Boston
Living Abroad an Qualifying For a Home Loan – Boston Mortgage Broker
With the US economy becoming more global, demand for US skilled workers is increasing. With companies wanting to avoid paying taxes in the United States, there are more opportunities for US Citizens to get employed abroad.… more
New House Financing: 5 Trends in New Home Construction – Boston
Those who say there’s nothing new under the sun haven’t heard the latest real estate news. The National Association of Realtors predicts 2014 will see 1.13 million new homes built in the U.S., up over 200,000 from the previous year.… more
Mortgage Tip: Qualifying With Draw Income – Boston Mortgage Broker
There is a carpenters’ expression that also applies to mortgages: “measure twice cut once.” If you are a commissioned employee that gets paid a draw, let’s do some measuring.… more
Short Sales Explained — Boston Mortgage Broker Advice
In the complex world of real estate and mortgages, there are more questions than there are Red Sox fans in Boston. One of the most common questions—and confusing terms—is in relation to shorts sales.… more
Buying a Boston Area Home Soon? Top 4 Things You Need to Know
It’s time to move—your homework has begun, you’re obsessively looking through real estate listings, and in your mind, you’re already living in that new four bedroom, three bathroom piece of property paradise.… more
Mistakes When Buying a Condo in a Two to Four Unit Complex in Boston
If you want a kiss from your spouse when you come home, go buy the right home. With recent home prices skyrocketing, many developers and home owners have converted multi-families into condo units.… more
Qualifying For a Home Loan With Commission Income – Boston Mortgage Broker
Optical Illusions are great at magic shows, but terrible when it comes to your finances. I am going to tell you the story of a client whose income had two parts – salary and commission.… more
Rent To Own – The Good, Bad, and The Ugly – Boston Mortgage Broker
The path to buying a home is simple; get a job, build your credit and save for a down payment. With the cost of living being high, many people struggle to save for the down payment.… more