Category Archives: Phil’s Tips

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

Co-Signers in the Greater Boston Area – Prerequisites and Sources for Boston Home Loans

If you have applied for a mortgage loan in the Greater Boston Area, you may have had your application rejected for one of the following reasons: – Low income – High amount of liabilities – Lack of credit history In that case, a co-signer may be able to help.… more

Private Mortgage Loans from Individuals or Family – Advantages and Disadvantages – Boston Home Loan Focus

We’re not afraid to talk about it: Other than then usual sources, such as a bank or a lender that most people use to obtain a mortgage loan in Greater Boston, another viable option available to you is to simply take a loan from a family member or a close friend.… more

How to Get a Home Loan with No PMI – Boston Mortgage Update

Private Mortgage Insurance (PMI) is required on most mortgages to protect the lender in case the borrower defaults on the loan. If a potential homeowner can’t come up with 20% down, PMI may be required to qualify for a loan.… more