Your dreams say 5-bedroom triplex, but your wallet says cozy fixer-upper. If your home search has you looking for budget-friendly buying in the Boston area, you’re in luck.… more
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
True or false: if a credit card has an interest rate of 0% and is deferred for 12 months, you can use the proceeds for a down payment on a house.… more
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
The Boston real estate market is rated by the National Realtors Association (NAR) as one of the top five places in the US for real estate values.… more
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
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
The FHA insures loans taken out with approved lenders. The FHA backs the loan amount making it easier for first time home buyers to obtain a mortgage.… more
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
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