Joe Gonzalez at CrossCountry Mortgage, Inc.
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Can You Get a Mortgage after a Chapter 7 Bankruptcy Discharge? Yes – But You’ll Have to Wait

Posted on August 10, 2016 by joeglez

If you’re currently undergoing a Chapter 7 bankruptcy and are wondering how this will impact home ownership, here are the basics on this type of bankruptcy and what it may mean for you.

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Posted in Home Mortgage Tips | Tags: Home Mortgage Tips, Mortgage, Mortgage Debt |

Leveraging LPMI: The Pros and Cons of Lender-Paid Mortgage Insurance

Posted on August 9, 2016 by joeglez

If you’ve heard the term Lender-Paid Mortgage Insurance (LPMI), this is when the mortgage lender pays off mortgage insurance on behalf of the homeowner. While this kind of insurance can be beneficial for some homeowners, here are some of the basics on LPMI so you can determine whether or not it will work for you.

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Posted in Home Mortgage Tips | Tags: Home Mortgage Tips, Mortgage, Mortgage Insurance |

What’s Ahead For Mortgage Rates This Week – August 8, 2016

Posted on August 8, 2016 by joeglez

Last week’s economic reports included construction spending, personal income, and multiple reports on employment. Freddie Mac’s mortgage rates survey and new jobless claims were also released.

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Posted in Mortgage Rates | Tags: Jobless Claims, Mortgage Rates |

Thinking about a ‘Fixer Upper’? Understanding the Balance Between Purchase and Reno Costs

Posted on August 5, 2016 by joeglez

Fixer uppers can come with huge price benefits and opportunity, as well as problems. Make sure you understand what you’re getting yourself into before you purchase a home that needs significant restoration.

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Posted in Home Buyer Tips | Tags: Buying a Home, Home Buyer Tips, Upgrades and Renovations |

3 Different Types of Loan That Will Negatively Impact Your Ability to Get a Mortgage

Posted on August 4, 2016 by joeglez

A good credit rating is built on a number of financial factors including paying your bills on time and the length of your credit history, but loans can also be a source of bolstering your credit score in a positive way.

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Posted in Home Mortgage Tips | Tags: Home Mortgage Tips, Mortgage, Mortgage Applications |

3 Different Types of Loan That Will Negatively Impact Your Ability to Get a Mortgage

Posted on August 4, 2016 by joeglez

A good credit rating is built on a number of financial factors including paying your bills on time and the length of your credit history, but loans can also be a source of bolstering your credit score in a positive way.

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Posted in Home Mortgage Tips | Tags: Home Mortgage Tips, Mortgage, Mortgage Applications |

Spouse with Bad Credit? 3 Reasons You’ll Want to Consider a Co-signer for Your Mortgage

Posted on August 3, 2016 by joeglez

If you’re concerned about what bad credit will mean for your mortgage and are weighing your options, here are some reasons why it might be important to use a co-signer for your application.

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Posted in Home Mortgage Tips | Tags: Home Mortgage Tips, Mortgage, Mortgages and Credit |

Thinking about Refinancing? 3 Ways That You Can Boost Your Home’s Assessed Value First

Posted on August 2, 2016 by joeglez

In an effort to boost the value of their property, many homeowners invest in renovations that will help them sell at a higher price. However, with all of the renovation options, it can be hard to know what kind of fix-ups are really worth investing time and money into.

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Posted in Home Mortgage Tips | Tags: Home Mortgage Tips, Mortgage, Mortgage Refinancing |

Thinking about Refinancing? 3 Ways That You Can Boost Your Home’s Assessed Value First

Posted on August 2, 2016 by joeglez

In an effort to boost the value of their property, many homeowners invest in renovations that will help them sell at a higher price. However, with all of the renovation options, it can be hard to know what kind of fix-ups are really worth investing time and money into.

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Posted in Home Mortgage Tips | Tags: Home Mortgage Tips, Mortgage, Mortgage Refinancing |

What’s Ahead For Mortgage Rates This Week – August 1, 2016

Posted on August 1, 2016 by joeglez

Last week’s economic reports included S&P Case-Shiller Housing Market Indices, reports on new and pending home sales, Freddie Mac’s weekly mortgage rates survey. The Federal Reserve released its customary statement after the scheduled Federal Open Market Committee meeting concluded; the Committee did not raise the federal funds rate of 0.25 percent, but indicated that economic risks were fewer, which suggested that the key Fed rate may be increased in September.

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Posted in Mortgage Rates | Tags: Homes Sales, Mortgage Rates |

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