The Mortgage Buddy would like to welcome top real estate and best selling author John Miller of Keller Williams in Westboro, MA to the Guest Blogger spot this week. In the coming weeks John is going to share with the Mass Mortgage Buddy readers a series of real estate secrets to help the reader gain a better understanding of the amazing opportunities that are available. Read more…
Monthly Archives: June 2013
How the New Qualified Mortgage Rule will Impact Massachusetts Residents
Effective January 10th 2014, the pendulum of mortgage underwriting is going to be taking another swing towards facilitating a safer lending environment for the residents of Massachusetts. The Consumer Financial Protection Bureau, or CFPB for short, has recently finished creating the Qualified Mortgage rule (QM). This new QM will become the blueprint that the vast majority of MA lenders will begin to utilize for qualifying mortgage applicants. Read more…
The Gift of Equity Down Payment Option
One of the most important aspects of preparing your finances to purchase a new home is deciding how you are going to come up with your initial down payment money. There are several options that can be considered, but one that is often overlooked is Read more…