Tag Archives: Mortgage Loan

Don’t Confuse Pre-Qualification with Pre-Approval – Boston Home Loan Jargon

As a senior loan officer serving the Greater Boston area, I work with lots of first-time homebuyers who feel just a bit intimidated by all the mortgage terminology.… more

3 Common Roadblocks to FHA Loans – Boston Mortgage

If you’re thinking about securing a mortgage in the Greater Boston area, you’d be wise to consider an FHA loan. A loan insured by the Federal Housing Administration (FHA) offers tremendous benefits, including lower down payments, better interest rates, and easier credit qualifications.… more

Private Mortgage Insurance Explained Options Explained- Boston Mortgage

Private Mortgage Insurance, otherwise known as PMI, is insurance that protects the lender in case the borrower is unable to pay the mortgage. The benefit of PMI to the borrower on a conventional mortgage is that you may typically buy a home with only a 5% down payment instead of the traditional 20%.… more

Mortgage Loan Brokers in Boston

A mortgage loan broker is basically a middle man of sorts whose main goal is to bring a borrower and a lender together. If you contact a broker in Boston and hire him or her, the broker will search through the many lenders in the Greater Boston area and provide you with the many options which are available.  … more

Five Things You Need to Know about Mass Housing Loan Program Before You Buy a Home – Boston Mortgage

I have five things that you need to know about Mass Housing. First; in select areas like Boston that are highly urban, you do not need to be a first time home buyer, so if you’ve already bought a home you can go buy another one.… more