by Jennifer Ferri | Jul 20, 2017 | Buying, Federal Programs, Financing, Mortgages
Buying a home soon in the Cape Coral or Fort Myers area? An FHA loan maybe worth exploring. Remember these points from the video: The FHA works to make homeownership a possibility for more Americans. With the FHA, you don’t need perfect credit or a...
by Jennifer Ferri | Mar 28, 2014 | Financing
Every house is unique; appraisers are trained and licensed for expertise in putting a value on properties. Appraisers don’t work for the buyer or the seller; their primary mission is actually to protect the lender who’s risking money against the home’s value....
by Jennifer Ferri | Jan 13, 2014 | Financing
You’ll see some pictures in this video to help you remember later, but the first step in securing a loan is to complete a loan application. To do so, you’ll need the following information. Pay stubs for the past 2-3 months. W-2 forms for the past 2 years....
by Jennifer Ferri | Jan 13, 2014 | Financing
Watch this video and it’ll make sense. Pre-qualification is an informal way to see how much you maybe able to borrow. You can be ‘pre-qualified’ over the phone with no paperwork by telling a lender your income, your long-term debts and how large a...
by Jennifer Ferri | Jan 13, 2014 | Financing
Watch this video and take a few notes! First, devise a checklist for the information from each lending institution. You should include: the company’s name and basic information the type of mortgage minimum down payment required interest rate and points...
by Jennifer Ferri | Jan 13, 2014 | Financing
You’ll see some pictures in this video to help you remember later, but a good faith estimate lists all fees paid before closing all closing costs, and any escrow costs you will encounter when purchasing a home. The lender must supply it within three days of...
