Sometimes, you may not be able to qualify on your own. Have you considered adding a co-signer to help you qualify? If so, the co-signer will have to complete a loan application and will have to qualify, too. Lenders will combine the incomes and debts of both borrowers and base the loan off of the...
What is the benefit of working with a mortgage broker and why a Counsel Mortgage Group broker? As you can see from our website, the professional experience of the loan originators at Counsel Mortgage Group is unmatched in the industry. When I looked for a mortgage loan the first time I purchased a home, I...
Are you having trouble making mortgage payments due to the loss of income as a result of the pandemic? Here is the straight scoop from the CFPB regarding your options and forbearance. If you have any questions about your mortgage, give us a call and we can help. We...
Problems in the hotel, retail and lodging sectors are pushing the commercial mortgage delinquency rate up. “November did see small increases in newly delinquent retail, lodging and office loans, but at levels far below what was seen at the outset of the pandemic,” Jamie Woodwell, MBA’s Vice President of Commercial Real Estate Research, said in...
We are always grateful for client reviews, and strive to provide excellence in service. “We cannot say enough good things about John and Counsel Mortgage. I was so anxious about this experience, and he could not have made it easier or more seamless. I urge everyone to consider using Counsel Mortgage-we even closed almost a...
Wait! Did I read that right? You meant to say 3%, not 2%, right? I mean, I talk to my friends and they’re telling me they are getting rates under 3%. So this is a typo, isn’t it? Well, there are a few lenders out there that are advertising rates under 2% on...
Why is there a difference in the amount of time it takes to get an approval for a refinance vs purchase loan? There is currently a high volume of refinances. Some take time to get through underwriting process. Purchase loans get through pretty quickly. A preference given to purchase loans in underwriting. Time frames for...
Wishing you, and yours, a very happy and safe holiday season. From all of us, at Counsel Mortgage Group, LLC. We offer a variety of products and services, ask us how we can assist you today: Counsel Mortgage Group®, LLC www.counselmortgage.com 480-502-1000 NMLS #178927 AZ MB #0909580 CA DBO #60DBO43873 Copyright © 2020 Counsel Mortgage...
Are you in the market to purchase a home? Maybe you’re in the preliminary stages and looking at home listings online. Have you found a few homes you are interested in but you are not sure where to begin? A good place to start is knowing the current rates. We post the rates daily...
A homeowner should read their monthly mortgage statement, and make their payments on time. The statement will provide information to keep you up-to-date on the payment schedule and amount; eliminate being shocked or awed. Isn’t the payment amount the same monthly? No, not necessarily. Why do monthly mortgage payments change? It could be...