The purchase of a home is typically the biggest investment a person will make in their lifetime. Finding ways to defray some of the costs of buying a home can help ease the burden. There is a way to avoid paying the title, origination and underwriting fees so there is truly no out-of-pocket expense to you. If you are interested in a no-closing cost loan with no out-of-pocket expenses to you, contact United Mortgage Financial at 480-503-3533 or visit us online at http://goo.gl/LYTqKV
Conventional wisdom suggests that first-time homebuyers be prepared to put a 20 percent down payment on a new home. This can actually cost homebuyers tens of thousands of dollars as home values and interest rates increase while buyers are saving for their nest egg. For answers to questions on down payments or to get prequalified for a home mortgage loan, contact United Mortgage Financial Group today at 480-503-3533 or visit us online at http://goo.gl/sVSDsy
We are beginning to see an industry-wide problem in the housing market in the way the banks recorded some short sales and foreclosures. In many cases, reporting of a short sale was dated months after the sale took place, extending the time it takes to qualify for a new mortgage. In some cases, short sales that started out as foreclosures where ultimately recorded as such, delaying the process of buying a home up to 7 years due to inaccurate recording. The good news is that in many cases steps can be taken to get the credit bureaus to amend these records. If you are interested in getting back in the mortgage game, contact United Mortgage Financial at 480-503-3533 or visit us online at http://goo.gl/sVSDsy
Mortgage insurance covers the seller in the event that there is a default on any value over 20%. It does nothing to protect the interests of buyers. There are several ways that buyers can avoid mortgage insurance. Lender-Paid Mortgage Insurance places the burden of this insurance directly on the lenders. Buying out the mortgage insurance is another option, which allows the buyer to make a one-time payment to the mortgage insurance company saving the buyer thousands of dollars in the process. If you are interested in learning more about which option is best for you, contact United Mortgage Financial at 480-503-3533 or visit us online at http://goo.gl/sVSDsy
United Mortgage Financial Group 