the INFORMED
LENDING BLOG
Frequently Asked Questions
Welcome to Mortgage 101. Whether you’re a first-timer or just need a refresher, we’ve got the home financing details you’re looking for. This list of FAQs has been curated by our team members, based on common recurring questions. For a deeper dive into the mortgage experience, check out the Informed Lending Blog posts below. Better yet, drop us a line or give us a call at 480-776-2954.
FHA Mortgage Insurance Premiums
If you were previously prequalified utilizing an FHA loan, it’s time to reach out to your loan officer! FHA has announced a reduction in their mortgage insurance premium and the …
DSCR Loans for Investors
Debt service coverage ratio, or DSCR, is a measurement of a property’s expected cash flow to determine ability to repay a mortgage loan. It’s a fantastic loan option for real …
Prepared to be a Superhost?
All the thanks & gratitude go to the amazing local vendors in our special community of Munds Park who help make hosting doable!
Pre-paid Interest
Did you know that prepaid interest charges are included in the fees you pay at closing? The charges are calculated by totaling up the daily interest that accrues on your …
March Update Highlights
Here are the highlights from Tina Tamboer’s presentation on March 2, 2023. SUPPLY = 35% below normal, and dropping DEMAND = 18% below normal, but rising NEW LISTINGS = Down …
How to Turn $900K into $2.9M
Did you know 90% of the worlds millionaires built their wealth through investing in real estate?My borrower invested $86,000 into buying her first home three years ago.That home is now …