Do you have questions about refinancing? When looking to refinance your home there are many factors to evaluate to determine if refinancing is right for you. Our experienced Mortgage Brokers will ask basic questions to get you on the right path. We have helped hundreds of families refinance over the years . We refinanced primary...
Author: john (John Rapasky)
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ARE YOU LOOKING FOR A JUMBO MORTGAGE LOAN?
Are you looking for a jumbo mortgage loan, i.e. a loan amount in excess of $647,200? Are you looking to buy a luxury property, do not want to pay cash, but are concerned the rates are too high? Would you consider an adjustable rate mortgage to get a better rate, but are uncertain as...
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CREDIT BUREAUS AND CREDIT CARD BALANCES
Credit bureaus look at your credit card balances and history to determine how you manage your discretionary spending. The credit bureaus do not know your spending habits, but by reviewing credit card balances, they make conclusions regarding your ability to manage credit which will affect your credit score. If the cards are “maxed out”, or...
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ARE YOU LOOKING FOR A MORTGAGE LOAN?
Are you looking for a mortgage loan? Are you confused about what to do as interest rates have gone up, and mortgage payments are higher? Will you be able to qualify?
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EXAMINING LEGAL ISSUES SURROUNDING REDEVELOPMENT, REPURPOSING AND REIMAGINING COMMERCIAL REAL ESTATE
John Rapasky and Mike Green of Counsel Mortgage were proud to attend and sponsor the Property Law Section seminar at the Arizona Bar Convention on Wednesday, June 29th, on Examining Legal Issues Surrounding Redevelopment, Repurposing and Reimagining Commercial Real Estate. We sponsored this event prior to the pandemic, too. It was nice to attend in...
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ADJUSTABLE RATE MORTGAGES MAY PROVIDE LOWER RATES
Interest rates increased this year, but there are loan options available where you may be able to get a lower rate. For instance, look for Adjustable Rate Mortgages to start pricing lower than fixed rates. The adjustable rates are typically fixed for 5, 7, or 10 years. The adjustable rate mortgage is amortized over...
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WHAT IS MORTGAGE FRAUD?
When you are purchasing an investment property, apply for an investment property loan. Do not purchase an investment property and apply for a second home loan for the sole purpose of getting a lower interest rate. To do this would be mortgage fraud. Here are a few examples of how this can affect you:...
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ARE YOU READY TO FINANCE A HOME LOAN?
Are you ready to finance a home loan? Do you have a down payment put aside? How about closing costs, do you know the additional amount needed due at closing? In some instances, home buyers are not aware of the additional fees needed to close on a home loan. Don’t get blindsided...
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ARE YOU A VETERAN?
Counsel Mortgage Group has several loan originators who are veterans, and specialize in VA loans. We have closed many VA loans and have helped veterans purchase homes with no money out-of-pocket. One of our originators dedicated to helping veterans is Jim Moore. Jim is licensed in Arizona and was an Army Ranger in Viet Nam;...
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BECOMING A HOMEOWNER IS EXCITING
Becoming a new homeowner is both exciting, and somewhat confusing, when buying into an HOA. Some new members of an HOA may be under the impression the assessment payment is built into the mortgage payment. Assessments should be paid to the HOA, and mortgage payments are paid directly to the mortgage servicer. If...