Tag Archives: Newton MA

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

Mortgage Creditor Protection A Dirty Secret of the Mortgage Industry Explained – Boston Home Loans

Three things I feel very confident is; the sun will rise, the government wants taxes and if you buy a home you’ll be solicited to buy Mortgage Creditor Protection sometimes known as Mortgage Life Insurance.… more

Single Family Homes versus Condos in Boston Area – Mortgage Update

Home buyers are faced with many choices in the Boston area. Single family detached homes and condos are two popular choices in the Boston area. The median price for single family homes has fallen since 2006, which means buyers can find homes in the mid $300,00 and low $400,000 just minutes away from Boston in the communities of Brookline, Weston, Wellesey, and Newton.… more

Common Mortgage Loans Offered by Lenders in Greater Boston – Boston Home Loan Update

When applying for a mortgage loan in Boston, it can help to familiarize yourself with the common mortgage loans offered by lenders in the Greater Boston area, to ensure that you get the best deal possible.… more

Good Reasons for Refinancing Your Home Loan – Greater Boston Refinance Update

Refinancing is defined as “Replacement of a debt obligation with another obligation under different terms and conditions”. In short you will approach your own lender to change the terms of your loan contract or approach another lender for a new contract entirely.… more

How to Know if a Jumbo Loan is Right for You – Boston Jumbo Loan Update

Jumbo loans are loans that do not meet Fannie Mae and Freddie Mac’s conventional conforming loan limits. Fannie Mae and Freddie Mac purchase loans from banks and other lending institutions to free up funds so lenders can write more loans.… more

2012 is Boston’s Come Back – Thaw is Probable – Boston Mortgage Update

Greater Boston area was hit by the recession in the past few years, and it saw its share of foreclosures and defaults. This was, however, true for most of the country and, looking on the bright side, Boston has been more stable in the home pricing situation than many cities across the U.S.… more

Expert Real Estate Predictions for 2012 – Greater Boston Mortgage Update

How will a hopeful 2012 compare to the previous year in home buyer attitudes? Where is the mortgage market going? In 2011, sure, the Greater Boston area was hit by the recession, with the usual story of mortgage defaults and bank foreclosures.… more

Home Styles in the Boston Area – For Those Considering a Mortgage

One of the most historic areas in the country, Boston has been an important city in American history and remains an important metro area today. Boston and the surrounding area offer prospective homeowners a wide variety of styles to choose from.… more