Mortgage Information

Eliminating Mortgage Insurance From FHA Home Loans

Mortgage insurance is ordinarily applied to home loans with lower than a 20% downpayment. Most buyers who opt for FHA have low down payments and will thus be responsible for mortgage insurance on … [Read more...]

Introduction To Income Versus Debt Ratio For Maine Loan Pre-approvals

Financial information plays a significant role in loan approvals. All finance companies review your assets, income, credit and debts. These determine whether you can obtain financing and for what … [Read more...]

Credit Mistakes To Avoid Before Buying A Home – Tips For Potential Seacoast Maine Home Buyers

Credit reports are generated by three major credit bureaus (Experian, Equifax, and Transunion). They all use differing formulas to come up with a numerical credit score that represents your credit … [Read more...]