Buying a home requires a fair understanding of real estate and mortgage terms. Most homebuyers just want to get done with the mortgage process and often skip asking very important questions related to their mortgage. Check out this blog by Drew Mortgage Associates, the best mortgage lenders in Massachusetts, and find out the questions to ask your mortgage lender. Read now! https://www.drewmortgage.com/questions-to-ask-your-mortgage-lender/
What are the benefits of a VA mortgage loan in MA? Read here all about VA home loans available to members of the military in MA. https://www.drewmortgage.com/benefits-of-having-va-mortgage-loan-in-ma/
A VA Home loan help veterans deal with challenges while purchasing a home in MA. Learn here what exactly is a VA home loan and how can one become eligible for it. https://www.drewmortgage.com/your-complete-guide-to-the-va-home-loan/
As the world is going digital, applying for mortgage loans have become easy. However, not many people trust online methods of loans & mortgage. In this presentation, Drew Mortgage, one of the leading Massachusetts mortgage companies, has shared the pros & cons of online mortgage services. Read now! https://www.drewmortgage.com/is-applying-for-a-mortgage-online-a-good-idea/
Are you in need of a loan for refinancing your home? Are you looking for the best refinancing option with a lower interest rate? The FHA streamline refinance loan is the best option available to borrowers. Read about frequently asked questions about FHA streamline loans. https://www.drewmortgage.com/fha-streamline-refinance-faqs/
Do you have a business and are planning to expand? Do you want to start a new business? If the answer is yes, then you'll need capital. Every business requires funding either to start or to grow. A commercial loan will help solve your business financial needs. Read more at- https://www.drewmortgage.com/commercial-loan-application-guide/
Restoration, repairs and renovation of your house can be a costly affair. However, the FHA 203K Rehabilitation Loan Program is an appropriate solution. FHA 203K Rehab Loan program is intended for those borrowers who wish to cover both the purchase and renovation costs under one program. Please Visit : https://www.drewmortgage.com/fha-203k-rehabilitation-loan-in-ma-guidelines-and-requirements/
If you are actively searching for a house, it’s almost time you understand that house hunting and shifting is not the only condition that needs a lot of planning. Mortgage approval is another crucial part of the process. In this presentation, Drew Mortgage Associates, leading mortgage lenders in Massachusetts, has shared the top 5 things to do before house hunting. Read now! https://www.drewmortgage.com/5-things-to-do-before-house-hunting/
Drew Mortgage Associates, a leading mortgage lender in MA, helps people with easy mortgage loans at low-interest rates, and assist them with instant mortgage loan queries. If you want to know more about mortgage loans and want to read expert answers to people's frequently asked questions on mortgage loans, then visit Drew Mortgage's FAQ page. https://www.drewmortgage.com/mortgage-loan-faq/
Home renovations and improvement plans often make it to your bucket list. The change may be small or big, you always want your home to look perfect. Sometimes the renovations are affordable and sometimes they aren't affordable. Here's a presentation that will help you with some of the valuable tips to support your home improvement plans. To know more visit : https://www.drewmortgage.com/finance-home-renovation/
Drew Mortgage Associates is the industry leader for mortgages and community-lending opportunities. We’re more than a mortgage lender – we’re comprehensive mortgage planners. Our home loan officers are trained to help you apply for a mortgage loan that supports your financial goals. We offer a variety of home loan programs to fit your individual mortgage needs. This kind of planning may save you money and help you achieve your financial goals. Visit at: https://www.drewmortgage.com/
Before you select a home loan, it's important to know how it will benefit you financially. A 203k rehab home loan is introduced by the government and designed for those who are in need of renovations. Besides borrowing money for purchasing home, it also covers the costs of renovations. Learn more about the advantages and disadvantages of a FHA 203k rehab loan. Visit: https://www.drewmortgage.com/advantages-and-disadvantages-of-fha-203k-rehab-loan/
"One of the most important decisions people make during their lifetime is purchasing a new home. When it comes to choosing the right mortgage company, selecting the best is always a difficult task for borrowers. The best solution is to shop around and select the right mortgage lender for your needs. These important things can help you when choosing the right mortgage company in MA. Read more- https://www.drewmortgage.com/how-to-choose-the-right-mortgage-company/"
Drew Mortgage Associates are Boston-based mortgage planners that provide the best home loan program and rate possible to fit your individual mortgage loan needs. FHA Streamline is a home loan program that was introduced by the Federal Housing Administration (FHA), designed for existing FHA borrowers, to speed up the home refinancing process. The program reuses the original loan’s paperwork rather than starting from scratch, which creates less documentation and underwriting. Read more about this topic visit at: https://www.drewmortgage.com/fha-streamline-refinancing/
Debt causes stress and nobody wants to be in debt. Paying off your mortgage early can help you attain peace of mind, which will help relieve you of your stress. Mortgages should be taken seriously and paid within a stipulated time. Paying off your mortgage early will help you save on the interest. However, to pay off your mortgage early, you need to know what you should be doing. Read more at- https://www.drewmortgage.com/tips-to-pay-off-mortgage-early/
Refinancing can help reduce interest, which is a great option for borrowers. However, it’s a daunting task to find the right refinancing program that’ll benefit you the most. If you have a loan program insured by the FHA, then you qualify for an FHA Streamline Loan program. This presentation provides valuable information about the advantages of refinancing via FHA Streamline Loan. To learn more, please visit: https://www.drewmortgage.com/advantages-of-refinancing-via-fha-streamline-loans/
Refinancing can help reduce interest, which is a great option for borrowers. However, it’s a daunting task to find the right refinancing program that’ll benefit you the most. If you have a loan program insured by the FHA, then you qualify for an FHA Streamline Loan program. This presentation provides valuable information about the advantages of refinancing via FHA Streamline Loan. To learn more, please visit: https://www.drewmortgage.com/advantages-of-refinancing-via-fha-streamline-loans/
Do you want to refinance your loan? Refinancing your loan can be the right financial decision. Before you refinance your loan, you should research about refinancing options in order to reap its benefits. Educating yourself on current refinance rates and industry trends will help you make an informed decision. Deciding on a refinancing program isn't easy and can be challenging. This presentation provides a checklist of important questions you should be asking yourself before deciding to refinance your mortgage. https://www.drewmortgage.com/mortgage-loan-refinancing-checklist/
There have been a lot of myths surrounding FHA 203k Rehab Loans. The FHA 203k Rehab Loan is designed to meet the financial requirements of the borrower. An FHA 203k Rehab Loan provides funds for both purchasing and rehabilitating your home. This mortgage loan is beneficial for borrowers because it has the benefits of two loan programs in one. Myths regarding the FHA 203k Rehab Loan have been haunting borrowers for a long time. This presentation provides valuable information regarding the top 4 myths surrounding FHA 203k Rehab Loan. https://www.drewmortgage.com/myths-about-fha-203k-rehab-loan/
You cannot afford to make mistakes when it comes to your mortgage loan. A home is the most valuable purchase you’ll ever make and a mortgage loan is a financial responsibility you’ll carry throughout your life. Mortgage loans can become a burden and mortgage mistakes can affect your finances throughout your life. It’s crucial that you avoid mortgage mistakes. Avoiding mortgage mistakes can help you become a happy, proud homeowner. If you want peace of mind and do not want to hurt your finances, then you must avoid mortgage mistakes. Read here about top mortgage mistakes you should avoid. https://www.drewmortgage.com/4-mortgage-mistakes-must-avoid/
Who doesn’t want a low-interest rate for their mortgage loan? A low-interest rate can help reduce your monthly payments. Most of us want to take up a loan program that offers low-interest rate. Getting a low-interest rate is more than just selecting a mortgage loan that offers a low-interest rate. Mortgage rates also depend upon some crucial factors of your mortgage eligibility. If you want to benefit yourself with low-interest rate, then you must keep some important things in mind. Here you will get more information on essential factors that determine mortgage rates. Read : https://www.drewmortgage.com/6-important-factors-that-determine-mortgage-rates/
Buying a home can be a big decision. But before buying your dream home you need to ask yourself some questions. Asking these questions to yourself will make it more easy to buy a home. Read more at : https://www.drewmortgage.com/questions-to-ask-when-buying-house/
Are you thinking over buying a home in 2021 and worried if it would be the right time to do so? Read this presentation by Drew Mortgage, one of the best Massachusetts Mortgage Companies and make a smart homebuying decision. Read now! https://www.drewmortgage.com/why-you-should-buy-a-home-this-year/
If you are planning to buy your first home, there are many questions about finance and loan options running in your mind. In this presentation, Drew Mortgage, the best Mortgage lenders in Massachusetts, has answered a FAQ list by First-time home buyers. Read now! https://www.drewmortgage.com/faq-by-first-time-home-buyers-in-ma/
Covid-19 brought many challenges for the world. Countrywide layoffs resulted in massive mortgage payment drop-off during the covid-19 pandemic. The fight with the virus is still on. Check this PPT by Drew Mortgage, one of the leading Massachusetts mortgage companies, on the challenges Covid-19 brought for homebuyers. https://www.drewmortgage.com/challenges-covid-19-brought-for-homebuyers/
Buying a home for the first time comes with happiness and challenges. Most first-time homebuyers remain clueless about the common mortgage terms and make wrong decisions In this presentation, Drew Mortgage, mortgage lenders in Massachusetts, has shared the top 5 terms first-time homebuyers should know. Read now! https://www.drewmortgage.com/5-mortgage-terms-every-first-time-home-buyer-should-know/
Covid-19 brought many challenges for the world. Countrywide layoffs resulted in massive mortgage payment drop-off during the covid-19 pandemic. The fight with the virus is still on. Check this PPT by Drew Mortgage, one of the leading Massachusetts mortgage companies, on the challenges Covid-19 brought for homebuyers. https://www.drewmortgage.com/challenges-covid-19-brought-for-homebuyers/
Are you all set to purchase your first house? There are lots of points that need to be checked out before marching in search of an excellent home. Read this blog site by Drew Mortgage Associates, among the leading Massachusetts Mortgage Companies, as well as plan for house purchasing like a pro. Check out now! https://www.drewmortgage.com/homebuying-process-what-should-you-know/
First time home buyers have several home loan program options and it is important to choose the right one for you. Every first time home buyer has different needs. With so many options available, we select the best home loan program for you. Read more about the different types of mortgage loans - https://www.drewmortgage.com/types-of-home-loans-for-first-time-buyers-in-ma-which-one-is-best-for-you/
Buying a house with a partner before or after marriage is a big commitment with enormous financial implications. Couples usually decide to buy a house together when the things are progressing well in their relationship. When buying a home together, this presentation will help you learn few things that you need to consider for maintaining a smooth relationship when you have co-ownership of your home. Visit : https://www.drewmortgage.com/buying-home-together-before-marriage-or-after/
It becomes difficult for the first-time home buyers to understand the mortgage terms. As a result, you might get confused about what should be the next step. We have guided the first-time home buyers to get the mortgage and provide answers to their questions. Here’s a presentation that will help the home buyers understand the common mortgage terms during the mortgage process. For more details visit : https://www.drewmortgage.com/common-terms-you-should-know-before-applying-for-mortgage/
You may have found your dream home and want to buy it. The home's design looks wonderful and it meets all your “dream home” requirements. However, you need financial aid to rehabilitate this home. This is where a 203k Rehab Mortgage Loan can help you. This presentation provides valuable information about how 203k Rehab Loans can help a first-time home buyer. To learn more, please visit: https://www.drewmortgage.com/203k-rehab-loan-for-first-time-home-buyers/
Buying a home for the first time is a roller coaster ride. You don’t know many things, documents, official formalities, taxes, and more. There is a lot to work on before you can relax on your living room’s couch. In this presentation, Drew Mortgage has shared some easy tips for first-time homebuyers in MA and across the USA. Check now and make your home buying process bliss. Read more - https://www.drewmortgage.com/first-time-home-buyer-mortgage/
When buying a house that needs repair or modernization, homebuyers usually have to follow a complicated and costly process. An FHA 203k loan is a rehab loan that provides funds not only for purchasing a house, but also for remodeling. It offers a solution that helps borrowers cover both the acquisition and rehabilitation of a property. This presentation will provide you a brief about FHA 203k Mortgage Loan. Read more at : https://www.drewmortgage.com/finance-home-renovation-with-fha-203k-mortgage-loan/
A home is a place where you enjoy every moment of life. Before you buy a home, you create a mental picture of what it will be like. While you are planning for your future home, there's a lot to consider. You don't want to regret any decisions later. These important tips for the first time home buyer will help you select the best home. Read more- https://www.drewmortgage.com/5-important-tips-for-first-time-home-buyers-ma/
Home buying is easy said no first-time homebuyer ever. You can buy a new home without a real estate agent with the right information and awareness of the stepwise process. Hiring a real estate agent is not compulsory. This blog by Drew Mortgage Associates, mortgage lenders in Massachusetts, has explained the benefits of real estate agents and how to work without them. Let’s check out the blog now! https://www.drewmortgage.com/is-buying-a-home-without-a-real-estate-agent-a-good-idea/
The United States Department of Agriculture (USDA) Loan is a home loan program for eligible low-to-moderate income home buyers to encourage buying homes in eligible, rural areas. A first-time home buyer can greatly benefit from a USDA loan. However, there are various myths about USDA loans. This presentation provides 7 useful facts about USDA mortgage loans. To learn more about USDA rural mortgage loan, please visit - https://www.drewmortgage.com/7-useful-facts-about-the-usda-rural-development-loan/
Buying a home is the best form of investment, and when you invest your hard-earned money on buying a home, you'll feel victorious, proud, and satisfied. Most bachelors start their independent lives living in rented houses or apartments, and as they progress in their careers, saving money, and starting families of their own, they feel the need to buy a house. Buying a home gives you a lot of financial benefits. https://www.drewmortgage.com/top-5-reasons-why-you-should-buy-a-home/
FHA home loan has been one of the most common mortgages. While a conventional loan requires good credit and a more substantial down payment, the opposite is true for FHA loans. As an experienced and reliable mortgage lender in MA, our job is to make sure you’re well-informed about the options available to you, whether you’re a homeowner or buyer. There are some important facts to consider before applying for an FHA loan. In this presentation we have listed 4 top facts about FHA Loans. Visit : https://www.drewmortgage.com/top-4-important-facts-about-fha-loans/
A 15-year home loan is an excellent home loan for homebuyers who can pay much higher monthly installments and complete their home loan faster in half of the time of a 30-year mortgage loan. This will help save money. Before deciding to take a 15-year mortgage loan, consulting a mortgage lender is important. If you have a continuous source of income, then a 15-year mortgage loan will suit you best. You can save enough money after your monthly installment to handle routine expenses and emergencies. Read here about the pros and cons of a 15-year mortgage loan : https://www.drewmortgage.com/15-years-mortgage-pros-and-cons/
The housing market has become more competitive than ever. With interest rates on the rise and the inventory of homes at an all-time low, buyers are feeling more pressure than ever before. When you think about buying a home in today's environment, it's no wonder that many people are hesitant to make such a big decision. But with careful planning and budgeting, you can find your dream home for sale in this market. This blog by Drew Mortgage Associates, one of the leading Massachusetts mortgage companies deals with the factors that affect your mortgage rates. Know what’s making your interest rates skyrocket. Read now! https://www.drewmortgage.com/5-factors-that-affect-your-mortgage-rates/
It can be scary and nerve-wracking to go through the mortgage approval process. If you're a first time home buyer, buying a home can be frightening. Buying a new home is one of the biggest decisions you’ll make in your life. This decision should be a positive one. Buying a home requires a lot of money invested and you may have to make a large down payment as well. A first-time homebuyer should know about the key professionals that'll be working with them throughout the home-buying process. This presentation provides valuable information about the key professionals in the home-buying process. Read More : https://www.drewmortgage.com/key-players-home-buying-process/
There have been a lot of changes in the loan and real estate industry over the last two years. A first-time home buyer should be aware of all these changes. We present to you an updated guide that will help you when buying a home. It has become easier to qualify for a mortgage because most lenders are accepting lower down payments and qualifying borrowers with a higher debt-income ratio. Mortgage rates are increasing and home prices are rising. This presentation provides valuable information about the 10 important things to consider when buying a home. To learn more, please visit: https://www.drewmortgage.com/things-first-time-home-buyers-need-to-know/
Most of us dream of buying a home, which is one of our biggest possible achievements. However, buying a home is a great financial responsibility that requires a large sum of money. Making a down payment can hurt your budget. The sooner you start saving, the higher the chances of being able to afford your dream home. If first time home buyers need help in choosing the right home loan program for your needs, we provide expert mortgage tips. This presentation provides valuable information about 4 tips that will help first-time home buyers afford their down payment. To learn more, please visit - https://www.drewmortgage.com/4-tips-that-will-help-first-time-home-buyers-afford-their-down-payment/
Those home buyers who meet the loan requirements can choose USDA financing. This is an excellent option for low to middle-income home buyers looking to buy a home in a rural area. The USDA has come up with parameters for the guaranteed home loan program. USDA home loans are ideal for first-time homeowners. This type of loan is backed by the government. USDA financing protects the lender in case the borrower is unable to make the payments. Before you apply for this loan it's better that you have some clarity about USDA loans. This presentation provides valuable information about things you need to know when applying for a USDA Home Loan. Learn more at - https://www.drewmortgage.com/things-to-know-when-applying-for-usda-home-loans/
Are you a first time home buyer? USDA Home Loans are beneficial for first time home buyers. Even if you have financial constraints, USDA Home Loans will suit your financial situation. USDA Home loans are designed for low-to-middle-income homebuyers looking to buy a home in a rural area. This loan will ease your worries of finding a home within your budget. It provides you with an affordable solution for those who qualify. USDA Home Loans can require no money down from the purchaser and often provides 100% financing. There are a lot of benefits to USDA Home Loans for first-time home buyers. Read here more about how USDA Home Loans benefits first-time homebuyers : https://www.drewmortgage.com/benefits-of-usda-loans-to-first-time-home-buyers/
Searching for a home online is the right thing to do. Looking homes online and to go and see those open houses is fun than to research about the home loans. While looking for a home, you’ll come across many homes. Finance plays an important role in buying a home. Many home buyers don’t know where to start when it comes to home loans. They don’t take help from mortgage lenders, which is wrong. You should look for mortgage lenders and stick to the one who understands your requirements well. Before selecting a lender you should ask some important questions to know more information. Refer the following link for what you should know before approaching the mortgage lender: https://www.drewmortgage.com/questions-to-ask-before-selecting-mortgage-lender/
Searching and buying a home can be a thrilling, daunting, and nerve-racking process for a first-time home buyer. Avoiding common mistakes will make the mortgage process and home buying experience a delightful one. Researching before taking action is essential. Home buying involves a big investment and a first time home buyer shouldn't make common mistakes. It's vital for you to keep some things in mind before you start searching for a home. Hiring a professional mortgage planner will help the home buying process, speed up the mortgage application process, and will likely result in an earlier closing date. This presentation provides valuable information about the top common mistakes first-time home buyers should avoid. https://www.drewmortgage.com/common-mistakes-that-first-time-home-buyers-in-ma-should-avoid/
You finally may have found your dream home after days and months of searching, at a time when mortgage rates are low. However, you don't have enough money for a down payment or full payment. For individuals with lower incomes, saving money for a down payment can be difficult. You don't have to let your dream of owning your own home disappear. Working towards getting cash ready for a down payment is beneficial. Knowing smart ways to save money for a down payment is crucial. Saving money is important whether you want to save for a down payment on your home, to buy a car, take a vacation, or save for your retirement. Here you will get more information on what you didn’t know about saving for a down payment. https://www.drewmortgage.com/how-to-save-for-down-payment/
Whether you're a first-time home buyer or an existing home owner looking to refinance, there are plenty of factors that go into finding the right loan. Do some research on the types of loans available to you, the monthly payments, lock-in periods, and closing costs.
An adjustable-mortgage loan is a hybrid of fixed rate and fluctuating rate, which varies according to the market rate. Let's discuss in detail, what is the purpose of this type of loan, what are its benefits, disadvantages and its types.
The HARP loan program was introduced to help the homebuyers who have zero or negative equity in their house. Let's check out what the benefits this loan program has to offer, via this post.
"The mortgage process is a daunting task. You need to be careful before applying for a loan since it can impact your finances in the long run. Read this post to understand the nuances of the mortgage process, including do’s and don’ts. https://goo.gl/DM1u9j"
A FHA 203K loan meets the unique demand of a buyer to cover his renovation cost along with the purchase price. However, the loan is infamous in the market for a plethora of reasons, mostly, due to lack of awareness. Let's get some of these myths busted in this post.
Getting approved for a mortgage loan can be a herculean task for a first time home buyer and some mistakes might entail his application form being rejected. Some of the top reasons are having a bad credit history, not having proper documentation, appraisal issues with the property, aiming for low down payment, unsatisfactory income, etc. To overcome these problems, it is advisable for the buyer to seek professional help from a suitable mortgage agency.
A 203K Rehab Loan program is best suited for individuals who are looking to rehabilitate/renovate their home, yet, suffer from certain limitations and constraints. To learn more, check out the pros and cons of a 203K Rehab Loan right here!