Friday Coffee with your Mortgage Man, EricToday we talk about the Housing Market here in the Phoenix Metro area and just how crazy it is as well as some tips to navigate around the issues. Tune in.
Friday Coffee with your Mortgage Man, EricToday we talk some of the difficulties when Refinancing your Mortgage because you are or have been in the Forbearance Program as a result of the stimulus package relief. Some Mortgage Loan Servicers are creating the difficulties. Be prepared. We also talk about the latest on the Housing Market here in the Phoenix Metropolitan area.
Friday Coffee with your Mortgage Man, EricToday we talk about the maximum Loan Amounts increasing for Fannie Mae and Freddie Mac, Conventional Conforming loans and the increase for FHA Loans as well. We also talk about the trends for Interest Rates overall and when to lock.
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There are no wrong questions. We’re here for you!
How long does it take to close on a new home?
Generally, about 30 days. We aim to exceed that goal for each and every loan.
When can I refinance my home and how do I start?
On the average, you can refinance your home after 6 months of owning it. We’re happy to help you get started, give us a call!
What does my credit need to look like to buy a home?
We have loan programs for everyone. If you find yourself in a sticky credit situation, we can help with that, too.