The latest from the team at Patching Mortgage
Lets properly calculate your Mortgage
Once my clients are pre-approved, and we’ve determined how much they can borrow based on their yearly earnings I ask the most important question in
The Rule of 72
Of all the things you can learn about money –the rule of 72 should be at the top of your list. The Rule of 72
Why so many docs?
Banks and Lenders growing concern about fraud has caused lending institutions to make their regulations on documentation for mortgage approval much more strict. At the beginning
Popular Myths about Credit Scores
It seems all too often that people are telling me about their credit score, and from what I’ve heard, one will either brag about how incredibleit
But I have a pre-approval?!
The first step to many when looking for a property is to go to their Bank or BROKER, and ask for a pre-approval. A pre-approval lets
Why Me?
It’s funny anytime you bring up real estate prices with your parents, and they tell you they bought their first home for $150,000 20 years ago. And
Tax relief for First time home buyers
As of February 22nd, 2017 the land transfers tax exception increased its limit from $475,000 to $500,000 for First Time Home Buyers. I’m going to be
Turning Coal into your Diamond – Purchase plus improvements
Have you walked through an open house, and seen a property that’s almost perfect, but may be in need of an update, or a change before
Shopping around for a mortgage? Avoid these six common mistakes
Congratulations, you’ve decided it’s now time to purchase a new home. The first step is to get pre-approved, and look for the perfect mortgage solution
Credit Reporting, and what lenders see
When purchasing, renewing or refinancing your mortgage, your credit score can be the difference between allowing you access to AAA products, and having to go
The BIG 10 – ten steps to owning a home.
Congratulations, you’ve started looking for a place to call home. Let me be the first to tell you, it can/may be overwhelming and stressful. But
