Self Employed Mortgages

Are you or someone you know self employed and are interested in taking out a mortgage? Does the income that you claim on your tax returns not necessary as much as you really make? Well I have the product for you. It is called a bank statement loan! Watch this 49 second video to learn […]

DSCR Loans

What is a DSCR Loan? The debt service coverage ratio percentage is used by lenders to determine the cash flow on an investment property. This allows the mortgage lender to access the borrower’s ability to repay the mortgage loan. The DSCR percentage is calculated by dividing the market rent by the new qualifying subject PITI […]

What the Recent Fed Hike Could Mean to the Housing Market

To help fight inflation, the Federal Reserve has hiked its benchmark Fed Funds Rate six times this year, including their most recent hike of 0.75%, taking the Fed Funds Rate from 0.25% to now 4.0%. Remember, the Fed Funds Rate is the overnight borrowing rate for banks, and does not directly affect mortgage rates. So, […]

2/1 Buydown Mortgage Program

Watch this one minute video to learn about the 2/1 buydown, which offers lower interest rates for the first couple of years. This gives you the opportunity to get the home of your dreams at a payment that is much more affordable, with the opportunity to refinance in the future to a very attractive rate. […]

Home Inventory Explained

Existing home inventory is up 22% from its lowest level in February. Will this lead to a house crash? Watch this one minute video to find out. To see what the appreciation forecast is in your local market, contact me, Christopher Graves, your certified mortgage advisor, at 978-376-5389. #housinginventory #housing #cma #MBShighway #mortgage #purchase #refinance […]

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