by karendouglas | Mar 14, 2019 | Uncategorized
VA Loans are no-down payment loans that have helped more than 22 million service members become homeowners since 1944. They’re called VA Loans after the Department of Veterans Affairs, which introduced them in 1944 as part of the GI Bill. Through the first half of...
by karendouglas | Dec 22, 2018 | Mortgage Loans
The mortgage industry has undergone several changes over the years. The two biggest changes are the increased length of time and amount of paperwork required to close a transaction. While the process can be lengthy and at times, the core items required to close a...
by karendouglas | Jul 23, 2018 | Buying a Home
Looking to buy a home and wondering what all this crazy lingo is about? Here’s the scoop on what these words and acronyms are trying to convey in our Complete Mortgage Glossary: (You might want to bookmark this page.) Adjustable Rate Mortgages or “ARMs”: These...
by karendouglas | Mar 9, 2018 | Buying a Home
Mortgage Credit Certificate Program for first time homebuyers survives the new tax reform! A Mortgage Credit Certificate gives qualified home buyers a dollar for dollar tax credit for part of the mortgage interest paid each year. It directly reduces a homeowner’s...
by karendouglas | Dec 13, 2017 | Housing Predictions, Video Diary
While each chamber of Congress recently approved a version of new tax regulations, the direction is clear. We are in for a whole new era of taxes. While I would strongly recommend consulting a tax consultant, I do want to give you an idea of how I understand this will...