by Jennifer Ferri | May 4, 2018 | Buying, Financing, Mortgages
Trying to determine the difference between a loan commitment letter versus a pre-qualification letter for your new purchase in the Fort Myers or Cape Coral areas? In competitive buyer’s markets where houses for sale are few and far between and homes for sale typically...
by Jennifer Ferri | Apr 6, 2018 | Buying, Credit, Financing, House Hunting, Mortgages, Uncategorized
Purchasing a home a home in the Fort Myers or Cape Coral areas? Whether it’s your first home or your tenth, it always involves important decisions at the beginning of the home buying process such as qualifying for a mortgage loan. Selecting the right lender can have...
by Jennifer Ferri | Mar 23, 2018 | Financing, Mortgages, Uncategorized
Doing homework on the home loan process for a purchase in the Cape Coral or Fort Myers areas and curious as to what a Loan Commitment Letter is? A Loan Commitment Letter, also known as a Mortgage Commitment Letter or Mortgage Loan Commitment Letter is a written and...
by Jennifer Ferri | Mar 1, 2018 | Financing, Mortgages
On the hunt for a home mortgage in the Fort Myers or Cape Coral areas and curious about Discount Points? Discount points allow you to lower your interest rate. While this video simplifies things to help you remember, “points” are essentially prepaid interest...
by Jennifer Ferri | Feb 2, 2018 | Financing, Mortgages, New Homes
Have you applied for a loan to purchase a home in the Fort Myers or Cape Coral areas and now wondering what’s next? It usually takes a lender between 1-6 weeks to complete the evaluation of your application. Like the video shows, it’s not unusual for the...
by Jennifer Ferri | Jan 19, 2018 | Mortgages
Do you know what a qualfied mortgage means in the Fort Myers and Cape Coral areas? As this video explains, Federal laws put into effect in 2014 and supervised by the Consumer Financial Protection Bureau define lending practices and loan terms for a new...