Monthly Archives: March 2014

Are you a Mortgage Lender’s Headache?

We are taught very early on in business that the customer is always right and every measure needs to be taken to make certain that the client is satisfied. As the mortgage client, you have a great opportunity to assist your lending team to facilitate a smooth transaction. Don’t be a difficult borrower; use this guide to learn how to be a transaction facilitator and not a roadblock for your new home purchase. Read more…

Down Payment Assistance for 1st Time Home Buyers in Massachusetts

For many first time home buyers coming up with a down payment is the most challenging aspect of the home buying process. Saving the down payment needed is the reason that many otherwise qualified applicants continue to spend money on rent that could be used to build equity of their own. Don’t let the down payment deter you from taking advantage of a historically low interest rate environment. Read more…

Mortgage Pre-Qual Letter or Pre-Approval Part 1 “Pre-Qual Maybes”

The Mortgage Buddy fields a lot of questions from prospective home buyers about the difference between obtaining a mortgage pre-qualification letter and a mortgage pre-approval letter. There are significant differences and understanding these differences will help you better prepare yourself to be ready for this year’s spring real estate market. Read more…