A non-conforming loan simply means everything is in the right place, you have a job, you can afford your mortgage payment, BUT your credit determines what your interest rate is. Most of the time, lenders will offer non-conforming loans because the borrowers LTV ( Loan to Value) is between 55%-75%. Which in simple the loan [...]

For a mortgage loan, it is not late as long as the payment is received by by your mortgage lender by the date spelled out in your mortgage loan agreement. The grace period is typically a one to two week period that varies from lender to lender. Also, you may be facing a late fee, [...]

Generally speaking balloon mortgage interest rates are better than rates for Adjustable Rate Mortgages (ARMs). In a balloon loan you have fixed monthly payments for a term of 3, 5, or 7 years. The monthly payments are based upon a 30 year fully amortizing schedule. At the end of the term you have to pay [...]

If you are able to buy a home now, there has never been a better time. Once the recovery begins, home prices are likely to rise rapidly. A lot of people will be lamenting the fact that they didn’t buy in 2008 or 2009 when prices were low. There is no doubt that the economic [...]

Many Americans dream about owning a own home and dreamers will go to any lengths to ensure this dream becomes a reality, even if it means borrowing thousands of dollars that will need to be paid back over a 30 year period. For those who want to have their loan paid off sooner, it’s quite [...]

Count on us for the best rates, competitive loans and superior service! Pre-Approved in 1 hour. We’re one of the fastest closers in the industry. Our Mortgage Specialist are salaried paid, which means you will get the safest home loan without any hassles! CALL (866) 750-6551 Call for an estimate 724-498-1551corey.salzano@gmail.com

How To Buy the Home You Want Mortgage insurance (MI) allows you to choose from a wider price range of homes. How? Lenders are generally willing to accept a lower down payment than the standard 20% if the lender obtains mortgage insurance on your loan through a mortgage insurance company. You can not only get [...]

Introduction Buying a home may be the most exciting, confusing and stressful financial transaction you ever undertake. Even if you have done it several times you can still find the process complicated and intimidating, particularly when it comes to getting a mortgage loan. Countless loan documents, unfamiliar terminology and uncertainty serve to temper the joy [...]