All posts by Colin Robertson

The Power of Extra Mortgage Payments

The Power of Extra Mortgage Payments
September 12, 2019 No Comments »

Mortgages can be viewed very differently. Some see them as a positive financial instrument, a way to free up their money so it can be invested elsewhere, ideally for a better return. Then there are those who view mortgages as ... Read More »

Mortgages for Self-Employed Borrowers: Tips to Qualify

Mortgages for Self-Employed Borrowers: Tips to Qualify
September 5, 2019 No Comments »

Over the past few years, it’s gotten a lot easier to get a mortgage as technology has evolved. Today, when a mortgage lender asks for your financials, you may be given the option to grant digital access to things like ... Read More »

What Is a Lender Overlay?

What Is a Lender Overlay?
August 29, 2019 No Comments »

Mortgage Q&A: “What is a lender overlay?” If you’ve been studying underwriting guidelines recently to determine if you’re eligible for a mortgage, it’s important to understand that they can vary widely from bank to bank. Even if you think you ... Read More »

18 Reasons to Refinance Your Mortgage

18 Reasons to Refinance Your Mortgage
August 20, 2019 No Comments »

There are many reasons to refinance your mortgage, some obvious and some a bit more obscure and/or different. I figured I’d compile a list of the many reasons I can think of to refinance. Some of the situations are complete ... Read More »

FHA Approved Condos: Individual Units Now Eligible for Financing!

FHA Approved Condos: Individual Units Now Eligible for Financing!
August 15, 2019 No Comments »

People looking to buy a condo with FHA financing rejoice. HUD has released a new condominium approval process that, among other things, brings back spot approvals. The policy, which goes into effect on October 15th, 2019, is part of the ... Read More »

You Might Get a Better Deal If You Buy a House Where Kids Live

You Might Get a Better Deal If You Buy a House Where Kids Live
August 14, 2019 No Comments »

It’s common knowledge that home buyers are interested in purchasing properties in good school districts. After all, many individuals purchase homes because they either have kids, or plan to in the near future. Simply put, families and families-to-be need more ... Read More »

Mortgage Rates vs. the Stock Market

Mortgage Rates vs. the Stock Market
August 6, 2019 No Comments »

Mortgage match-ups: “Mortgage rates vs. the stock market.” With all the recent stock market volatility, you may be wondering what effect such events have on mortgage rates. Do mortgage rates go up if stocks go down and vice versa? Or ... Read More »

Wait, Home Buying Is the Cheapest It’s Been in 20 Years?

Wait, Home Buying Is the Cheapest It’s Been in 20 Years?
July 31, 2019 No Comments »

If you happen to be in the market to buy a home, you’re probably not giddy with delight over today’s sky-high listing prices. After all, home prices continue to inch higher and higher from their near-term lows seen about a ... Read More »

Why a Low Down Payment Mortgage Might Be the Safer Move

Why a Low Down Payment Mortgage Might Be the Safer Move
July 30, 2019 No Comments »

If you ask most people, they’ll probably say you should save up a good chunk of money before buying a home, possibly even 20% of the purchase price. A mortgage underwriter might share similar sentiment, even if their very own ... Read More »