NMLS# 878581
Everyone is feeling the effects of the COVID-19 (coronavirus) outbreak, the virus has caused uncertainty in the financial markets and anxiety in peoples personal lives. There are many theories about why such precautions are being taken, and the simple fact is we are in un-chartered waters; there is no protocol for what we are experiencing…. [Read More]
2020 has already been very interesting. The outbreak of the infamous “COVID-19″ virus has influenced financial markets in a way no one has ever seen before. The initial outbreak caused a dramatic dip in the stock market, which caused a decrease in the bond market, thus lowering interest rates to a point we haven’t seen… [Read More]
When you make the decision to buy a home it’s filled with a whirlwind of emotions and decisions. One of these decisions is who to buy the house from. If you have the opportunity to purchase it from a family member it has it’s benefits and disadvantages. It’s called a “Non Arms – Length” Transaction… [Read More]
VA loans give veterans an advantage over other home buyers because they require no downpayment and they’re government guaranteed. This means there is also no mortgage insurance. This affords the home buyer / veteran a lower payment and a lower interest rate. If you’re already in the home with a VA loan you are entitled… [Read More]
We’re approaching that time of year again, where tax documents start arriving in the mail. If you are new to homeownership you may not understand some of the documents and how they are used. Here is a quick guide to the mortgage related tax documents you should bring to your accountant: Form 1098- Mortgage Interest… [Read More]
Buying a home is a big deal, an often times people will buy or refinance several times in their life. There are a lot of ways to get a mortgage these days as well. This presents the question for many borrowers, “how do I know I have the right lender? The answer is different for… [Read More]
Mortgage rates fall yet again, after the 2nd cut in 2019 we are experiencing another drop in January 2020. This is setting some government rates below 3% for a 30 year fixed. That is unheard of since 2016. There is speculation that the reason for this drop in rates is the focus on the Wuhan… [Read More]
Did you know there is an FHA refinance loan out there that doesn’t require an appraisal? Doesn’t require taxes / W2’s / Pay stubs or a ton of invasive questions? If you have been in your FHA loan for 210 days or more without a missed payment, you can qualify for the FHA Streamline refinance… [Read More]
New Years resolutions are almost an American tradition, with the new slogan “New Year, New You” rambling about, it has a lot of people considering how they want to improve their lives. But most New Years resolutions fail, so it’s important to be realistic and set goals you feel you can actually accomplish. The Top… [Read More]
Do you hate the idea of paying mortgage insurance? You are not alone, it’s prevented many people from buying a home because they cannot afford the 20% down payment. What many people do not know is how to avoid mortgage insurance with LESS than a 20% down payment. Let’s start with the basics: What is… [Read More]
Justin Scott NMLS 878581
Executive Mortgage LLC NMLS 271650
M-F: 8:00 am - 5:00 pm
After 5pm and weekends
Appointments only
