by Jennifer Ferri | Nov 22, 2017 | Buying, Financing, Mortgages
Starting the home buying process in the Fort Myers or Cape Coral areas? One term you may hear your lender use is “DTI” or Debt-To-Income Ratio. Measuring your existing debts against your existing income is one part of a lender’s required assessment...
by Jennifer Ferri | Nov 8, 2017 | Buying, Mortgages
Are you looking for a mortgage to buy a home in the Fort Myers or Cape Coral area? The original phrase “mort gage” translates as “death pledge”! But as this video explains, a mortgage is a loan obtained to purchase real estate. The “mortgage” itself...
by Jennifer Ferri | Sep 14, 2017 | Buying, Mortgages
In the process of looking for a home in the Fort Myers or Cape Coral areas and wondering how large a down payment you may need? There are mortgage options now available that only require a down payment of 5% or less of the purchase price. You’ll see some...
by Jennifer Ferri | Sep 7, 2017 | Mortgages
Are you purchasing a home in Fort Myers or Cape Coral? Have you heard of the term “LTV” and wonder what it means? While this video simplifies things to help you remember, the loan to value ratio or “LTV” is the amount of money you borrow...
by Jennifer Ferri | Aug 24, 2017 | Financing, Mortgages
If you are buying a home with a loan in the Fort Myers or Cape Coral areas, understanding the impact of your interest rate is important. As you’ll see in the video, a lower interest rate allows you to borrow more money than a high rate with the some monthly...
by Jennifer Ferri | Aug 17, 2017 | Buying, Mortgages
Thinking about buying a home for the first time in the Fort Myers or Cape Coral areas? Yes. Like the video shows, lenders now offer several affordable mortgage options which can help first-time homebuyers overcome obstacles that made purchasing a home difficult...
