by Amy Coburn | Aug 8, 2017 | First Time Home Buyers, Mortgage Basics
In the process of getting a mortgage, or any secured loan, you may be asked to get a Co-Signor or Guarantor. They sound like the same thing but they have 1 very distinct difference. A Co-signor, also known as a Co-borrower, are also considered to be a co-owner. ... by Amy Coburn | Jul 7, 2017 | Mortgage Basics, Retirement
As a follow up to our myth debunking of reverse mortgages in our last blog, we wanted to share a real customer story to demonstrate how a reverse mortgage can truly help.This example is about a single woman (Ms. C for short), aged 72, from a midsize city in central... by Amy Coburn | Jun 23, 2017 | Mortgage Basics, Retirement
Reverse mortgages have evolved over the years and become a product that many people are incorporating into their financial retirement plan. But there are still many people who do not understand what a reverse mortgage is and have a negative view of them which may... by Amy Coburn | May 8, 2017 | Buying and Selling, First Time Home Buyers, Mortgage Basics
So you have purchased a property or are refinancing a property you already own, now what? First you need to supply your mortgage broker with all the supporting documents that they have requested. Then the chosen lender will send a legal document, called... by Amy Coburn | Apr 21, 2017 | Mortgage Basics
There are many benefits to refinancing your mortgage. It could be as simple as getting a better interest rate or maybe a renovation is needed. Here is a list of some of the benefits.-Home renovations – Many people are deciding to stay in their homes and renovate... by Amy Coburn | Mar 17, 2017 | Buying and Selling, First Time Home Buyers, Mortgage Basics
So you finished school and found a great job. Now you want to buy your first home BUT you haven’t been able to save enough for the down payment. We understand that sometimes saving the down payment for a new home can be challenging. The Flex Down Mortgage program... 