Vellum Mortgage
Knowing what tax benefits come with home ownership is an important step in painting the picture of how your finances will look when you decide to buy. Tax advantages for homeowners are not exclusive to…
The VA loan is arguably one of the best incentives tied to military service. Despite being an incredible home-purchasing tool, many of those eligible to utilize it are not aware of all of its benefits…
The stress of a looming mortgage payment can feel crushing when finances take a downturn. In response, many homeowners begin searching for relief options until they can get back on their feet. Forbearance is a…
The average rate on the 30-year fixed mortgage just hit 3.49%, according to a survey by Mortgage News Daily. That’s down from 3.8% at the start of January and 4.58% a year ago. About 9.4…
Nothing affects a home’s affordability more than interest rates. After all, we live with the monthly payment, not the amount of the loan. The higher your mortgage rate is, the higher your monthly payments are…
Do you need a mortgage pre-approval letter to make an offer on a house? You know you need to get your ducks in a row before looking at homes, but does that include securing a…
Job Summary: We are seeking a Senior Underwriter to partner with our loan origination staff in the creation of high quality, insurable mortgage loans. The Senior Underwriter will evaluate collateral and credit packages for mortgage…
FHFA Announced Increase in Conforming Loan Limits for 2020 The Federal Housing Finance Agency announced that it is raising the conforming loan limits for Fannie Mae and Freddie Mac to more than $510,000. In most…
Owning a home will often be the most expensive and important purchase you will make in your life. To encourage home ownership, the IRS has provided several tax breaks for owning a home. Deductions lower…
When applying for a mortgage loan, your credit will be one of the key factors in whether you’re approved, and it will help determine your interest rate and possibly the loan terms. It’s a good…
A 2017 Zillow survey of 10,000 American adults found that two-in-three people who were then renting identified saving for a down payment as their biggest obstacle to homeownership. If you want to become a homeowner,…
You’re so close to being a homeowner or refinancing to meet your financial goals. Let’s do this!
