Peter, if you lived in your old home with your mortgage for 6 years--you are just fine. As long as…
On Is it a Primary Residence, a Second Home or Investment Property?
Hi Anthony, after reviewing the new GFE several times and writing 6 articles about them in my series (more are…
On Not so much Good in the new Good Faith Estimate
Bought a new house which we're moving into. Don't want to sell the old one just yet (not in this…
On Is it a Primary Residence, a Second Home or Investment Property?
Truly Understanding what has caused us to get to this position in Real Estate and Mortgage history will hopefully prevent…
On Book Review: And Then The Roof Caved In by David Faber
This is a good thing. This will help the communication between the lender and consumer. This will stop the "bait…
On Not so much Good in the new Good Faith Estimate
A lot of great info, the appraisal info helps tremendously, especially during the HVCC market. Also the stocks, bonds, and…
On More Upcoming Changes to Underwriting
bosco6--you're right--thanks for the correction. I'm not quite sure where that figure came from since the post is over a…
On Is 5% Down Available for Homes Priced from up to $600,000?
I'm a big fan of your blog. The payment calculation on the conforming-jimbo example seems high to me. Shouldnt it…
On Is 5% Down Available for Homes Priced from up to $600,000?
chuck, the difference between your situation and Roberta's is that with your situation, you've had "life changes" take place--with R's,…
On Is it a Primary Residence, a Second Home or Investment Property?
Similar to Roberta's question..... 6 months ago i refinanced a house that i lived in for 6 years. My intention…
On Is it a Primary Residence, a Second Home or Investment Property?