In this video, Mary explains how borrowers can save money by using a piggyback mortgage, which is sometimes called an 80/20 loan. Two common savings when using a piggyback mortgage come from … [Read more...]
The Difference Between Financing a Condominium Versus a Single-Family Residence
In this video, Mary shares information about the misconceptions and challenges of getting a mortgage for a condominium. Though it can be more difficult to qualify for a condo mortgage, some of the … [Read more...]
Mortgages for High Net Worth Borrowers – You Must Show an Income
High net worth borrowers who buy a home and finance it with a mortgage may think their assets are sufficient to qualify for the loan. However, they must show an income stream to qualify for the … [Read more...]
Advantages of Buying a Home with a Renovation Mortgage
There are numerous advantages to buying a home with a renovation mortgage. Homebuyers can purchase a property that needs renovation, and add funds for the renovation to the mortgage. One of the … [Read more...]
Conventional 1% Down Payment Mortgage – The Lender Contributes 2%
It's not always easy to find a low down payment mortgage, especially if you would like to avoid the high cost of mortgage insurance (MI). But now, qualified borrowers can get a conventional … [Read more...]
Low Down Payment Mortgage Options
There are several low down payment mortgage options that benefit homebuyers, as well as homeowners who refinance their home. In this video, Mary Catchur reviews several of these low down payment … [Read more...]
Changing Jobs While Getting a Mortgage
There are a lot of things to watch out for when getting a mortgage, including making a job change. In this video, Mary gives you a good idea of what is possible when getting a job offer, as you go … [Read more...]
