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.
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 …
February Update Highlights
Here are the highlights from Tina Tamboer’s presentation on February 2, 2023. SUPPLY = 34% below normal DEMAND = 23% below normal WEEKLY ACCEPTED CONTRACTS = 1,981 last week; the …
What is an FHA Mortgage?
An FHA loan is a mortgage insured by the Federal Housing Administration (FHA). The FHA was created in 1934 as a result of the National Housing Act. This division of the government was …