Your FICO Score- More Important Than Ever!

This article from this past Saturday’s New York Times by columnist Joe Nocera. The article discusses how the increased weight FICO scores are given when underwriters consider approving or denying an individual for a mortgage in the current environment.
…a person’s credit score has become the only thing that matters anymore to the banks [...]

DENIED! Closing Today Or No Credit For You.

Last week, on a way to a closing the buyer was stressed that she would not get it down it time for the $8K rebate which fueled many buyers to hit the pavement.  I urged that we didn’t need to worry, because fellow brokers told me that it would be extended until September and not [...]

Refinance Tips

 Lately, friends and clients have been asking me about refinancing.  If you can, this is a great option to save some money.  Check out a previous post: Refinancing…When Should I do it? if the time is right.
Below are some more Tips to follow if you are considering the REFI as an option.
 
 
Refinance Tips

Spend Less — Refinance [...]