Mortgage Blog

Mortgage Advice, Homebuying Tips & Market Updates

Friday FAQ's!

Friday FAQ's!

I am a first-time homebuyer.  I am wondering...are there any other options for 100% financing that do not have a lot of mortgage insurance like the FHA programs?   If your income qualifies, VHDA offers a 97% no MI program.  If y

May 01, 2015 |

First-time Homebuyer Classes in Hampton Roads

First-time Homebuyer Classes in Hampton Roads

I can tell you from first-hand experience that millennials have officially jumped into the housing market. As an expert on millennials and mortgages, I led a seminar this past Tuesday (April 28) on how to obtain a home loan for the Hampton Roads chapter o

May 01, 2015 |

Closing Cost Assistance for First-Time Homebuyers

Closing Cost Assistance for First-Time Homebuyers

If first-time buyers in Virginia Beach, Norfolk, and Chesapeake, take an online course about home ownership and become certified, they could save a lot on the purchase of their home. From the article on realtor.com: “For instance, on a $150,000 ho

Apr 24, 2015 |

Friday FAQ's!

Happy Friday!  I certainly hope you are enjoying this balmy day, feels very Florida-like, doesn't it?!  We have some good questions this week, here we go...  I am interested in purchasing a home with my VA eligibility, but I am

Apr 12, 2015 |

Mortgage Terms and Definitions for First-Time Homebuyers

Mortgage Terms and Definitions for First-Time Homebuyers

When we educate people on the housing market, it’s important to start from square one. Yes, the home buying process has many rules, laws and complexities, but people also need to understand the terms you and I take for granted. How do I know? In F

Apr 10, 2015 |

When is the First Mortgage Payment Due?

When is the First Mortgage Payment Due?

First-time homebuyers in Virginia Beach, Norfolk and Chesapeake, often ask me: When is our first mortgage payment due? We heard that you get to skip a month of mortgage payments. Is that true? Yes, you do “skip a month” following your closin

Apr 03, 2015 |

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