by Amy Coburn | Jul 20, 2018 | Mortgage Basics, Retirement
Provided by HomEquity Bank Wouldn’t it be nice if you had the money to do more of the things you want to do? A CHIP Reverse Mortgage could be just what you need. It’s the simple and sensible way to unlock the value in your home and turn it into cash to help you... 
by Amy Coburn | Jun 8, 2018 | Buying and Selling, First Time Home Buyers, Mortgage Basics
The are so many reasons to use a Mortgage Broker. Here are just a few. Choice: Many people’s first instinct when they need a mortgage is to go to their bank. And that is fine, we work with banks and credit unions all the time. However, the Mortgage Specialists at... by Amy Coburn | Nov 9, 2017 | Mortgage Basics, Mortgage News
Here is a fairly simple way to explain the stress test you may have been hearing about in the mortgage industry. Although it has nothing to do with your blood pressure… it may make it rise a little. We will try our best not to let that happen.The stress test is used... by Amy Coburn | Oct 23, 2017 | Mortgage Basics
If your mortgage is coming due in the next 1-2 years: should you refinance to lock in a new rate now? The real question is; does the upfront cost warrant security in a rising interest rate economy? The upfront cost of refinancing is really the penalty. The... by Amy Coburn | Oct 10, 2017 | Mortgage Basics
A question asked over and over. The simple answer is that the lender wants to make sure they will be able to sell the secured property in a reasonable amount of time and recoup the hundreds of thousands that they have lent, if the borrowers do not make their... by Amy Coburn | Sep 22, 2017 | About Rates, Mortgage Basics
So why is it that mortgage broker’s cringe when they are asked…”What’s your rate?”Things have changed greatly in the mortgage industry, especially over the last year. These days, we need to know all the details of an application before we can even give a range of... 