Credit scores reflect your payment patterns over time, and almost all major lenders use them. So why is your credit score important? Your credit indicates to lenders how likely you are to pay back your loan. Your credit score also…
By Angela Colley | Sep 23, 2016 Courtesy of Realtor.com, Sponsored by Veterans United Having a place to call your own—whether you’re going to be there for four years or forever—is an essential part of the American dream. The U.S. Department of Veterans…
Credit scores are so important when you’re getting ready to purchase a home. This metric helps loan officers determine your interest rate and also which loan programs you qualify for. In this six part series were going to give you…
Maintaining a long-term relationship with your credit accounts can increase your FICO® score.
Applying for a home loan can be scary – but understanding the rules of home affordability can help ease your fears and help get you into your dream home. The key is to understand the rules of home affordability. Our…
By Kevin O’Neil, Mortgage Loan Officer Monarch Bank There are many opinions on when it is the appropriate time to refinance. Some say the rate needs to decrease by 2%. Some say 1%. Some say .50%. Which one is it?…
It doesn’t matter if you are a brand new home buyer or have purchased a house or two – trying to figure out what the different terms that are used to describe mortgages can be tricky. Or you can just…
According to a recent Gallup poll, more Americans believe that real estate is a better long-term investment. Compared to gold, stocks, bonds, and savings accounts, real estate was the strongest investment type according to Americans whose household income was $75,000…
Newsletter-April 21st, 2014 Provided by Kevin O’Neil Kevin O’Neil Monarch Mortgage Phone: (757)289-4291 E-Mail: koneil@monarchmortgage.com Market Comment Mortgage bond prices finished the week lower which pushed rates higher. The market was negative most of the week as stocks rebounded and…
Newsletter-March 24th, 2014 Provided by Kevin O’Neil Kevin O’Neil Monarch Mortgage Phone: (757)289-4291 E-Mail: koneil@monarchmortgage.com Market Comment Mortgage bond prices finished the week lower which pushed rates sharply higher. The data Monday morning started us off on a bad note…