by Rob Messenger | Aug 30, 2022 | Real Estate Tips
What are Escrows? When you are buying a home you will hear escrows discussed throughout the loan process. By definition an escrow is when money is held by a third party until it needs to be used to complete a certain condition. During the home buying process deposits...
by Rob Messenger | May 31, 2022 | Real Estate Tips
A common practice in today’s competitive real estate market has been to waive real estate contingencies when making an offer on a home. This can be an appealing thing to do to make your offer more attractive to the seller. However it is imperative to understand...
by Rob Messenger | Apr 12, 2022 | Real Estate Tips
If you’ve ever shopped for a home you have likely heard the term prequalification or preapproval. This is an endorsement provided by a lender to show that you have a strong enough financial profile to be able to buy the home you made an offer on. It’s...
by Rob Messenger | Jan 18, 2022 | VA Home Loan
The VA Home loan is well know by veterans and mortgage professionals however only 9% of 25 million veterans have taken advantage of the VA home loan. VA Home loans are offered exclusively to our nations veterans, active duty members and reservists. Understanding the...
by Rob Messenger | Dec 14, 2021 | Conventional Loans, Loan Limits
The FHFA (Federal Housing Finance Agency) announced the new 2022 loan limits for mortgages through Fannie Mae and Freddie Mac conforming loans. What are loan limits? Conforming loan limits are a requirement from HERA (Housing and Economic Recovery Act) to ensure that...
