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Category Archives: Recent News & Updates
Are you due for a Check-Up?
Most people get medical checkups for our health, change the oil in our cars, and exercise to keep our body in good shape, and it should not be any different when it comes to our financial health. Maybe the answer … Continue reading
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Refinance Now – HARP program
HARP-Acronym for Home Affordable Refinance Program The HARP program is designed to help existing homeowners get competitive lower rate financing in a market when some home values have declined. The government entities (Fannie Mae and Freddie Mac) want customers to … Continue reading
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Tagged appraisal, HARP, home, Mortgage rates, refi, refinancing
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The Importance of Staying Focused on Your Credit Score
Have you noticed all of the commercials regarding credit reports over the past few years? The importance of your credit and the score that accompanies it has been stressed more than ever recently. In the mortgage industry, it is … Continue reading
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Finding the Right Realtor..14 Questions
If you are looking to buy or sell a home, you’ll probably want to not only find the best agent for your needs, but one with integrity and one that knows the ropes. They don’t have to be your best … Continue reading
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For Our Veterans…
The Veterans Administration, or VA, helps United States military members, veterans, and their families by providing a veritable array of benefits. When buying a new home or refinancing an existing VA loan, there are numerous advantages for the Veteran. … Continue reading
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Credit Scores are like Pie?
A Consumer’s credit score is used as a risk factor for vendors to determine the chances of a borrower to receive a 90 days late in the next 24 month. There are over 40 factors/reasons that go into determining a … Continue reading
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The 0% Down Purchase-Fact or Myth?
As the mortgage lending industry has evolved over the last several years, stricter guidelines have been the buzzword among clients, loan officers, and other bankers. As the industry tightened its regulations, the little to no down payment products for … Continue reading
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Renting Vs. Buying: Inside the Numbers
For years, consumers have heard how it is much smarter to own a home compared to renting. In a tough economy, many feel home ownership would be too difficult and costly. To show how this is truly a myth, consider … Continue reading
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Do you think it’s too premature to Qualify for that New Home?
Many ‘potential’ homeowners feel as though they do not have enough money to purchase a new home. There still are programs and options available to help those who don’t have the standard 20% down. At ENG Lending, we offer an array of … Continue reading
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