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Mortgage Loans: Why are They Selling My Loan?

If you’ve ever asked yourself that question, you’re not alone. Businesses sell mortgage loans all the time and the involved parties don’t think you need to know why. But in my experience, homeowners feel better about the process when they understand what’s happening. How Your Mortgage Loans Generate Revenue A mortgage-related business can play three different roles: The Loan Originator. Origination fees reimburse the company that processes your mortgage application. It covers their work in finding the right loan program and doing all the paperwork required to process a mortgage application. Servicer: A mortgage servicer is responsible for the ongoing...
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New Homes in Davie FL

Are you looking for new homes in Davie FL? You should know about five new developments in the city. Whether you’re looking for a single family home or a townhome, these new homes in Davie FL could be just what you’re looking for! Are New Homes in Davie FL for You? If you’re interested in seeing some of the new home neighborhoods in Davie, be sure to bring your own agent when you first visit a new construction community. Some people think that it’s better to work with the neighborhood representatives, but that’s not the case. There are at least...
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First-Time Homebuyers Mortgage Tips

If you’re planning to buy your first home, it’s an exciting time for you as first-time homebuyers! If you have an outstanding credit score, a large salary, and plenty of money for a down payment, you probably won’t have much problem getting a mortgage pre-approval. On the other hand, if you have some credit challenges, your salary isn’t in the 6-figures, or you don’t have a large down payment, there’s more you need to know about your mortgage options. Get Pre-Approved for a Loan You need to know what price range to look in for your first home. The best...
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Want to Make a Small Room Look Larger?

Are you beginning to feel claustrophobic in a smaller room in your home? Are you thinking of selling your Davie real estate and you want to do the best job of staging your home to get the best price? In either situation, there are things you can do to make a small room look larger. Small rooms can be charming and cozy, but they do present a design challenge. If you overstock the room, it won’t be welcoming. And, homebuyers will get the idea that your room sizes may not be large enough to make the home comfortable. Luckily, it...
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