by Brian Decker | May 1, 2020 | Brian Decker, Mortgage
The coronavirus pandemic has affected nearly every aspect of our society. One sector that has not been spared is the housing market. In times of financial hardship, when people can’t pay their bills, the housing market always takes a big hit. This situation, however,...
by Brian Decker | Apr 29, 2020 | Brian Decker, Mortgage
A home may be the largest single purchase that many consumers will make in their lifetime. As such, it will also generally take the longest to pay off. When taking out a loan to buy a home, the lower your interest rate, the less you will pay for your home over time....
by Brian Decker | Apr 13, 2020 | Brian Decker, Mortgage
A bank statement mortgage loan refers to a mortgage that relies on the applicant’s bank statements rather than the previous year’s W-2 forms as proof of income. It’s a convenient way for people who are not traditionally employed, including...
by Brian Decker | Mar 18, 2020 | Brian Decker, Mortgage
Salaried employees with a W-2 often have an easier time applying for mortgages, leasing cars, and making other costly investments than individuals who are self-employed. A W-2 provides lenders with proof of stable and consistent income whereas self-employed applicants...
by Brian Decker | Mar 11, 2020 | Brian Decker, Mortgage
When a person applies for a mortgage, one of the first steps is telling the provider how much income they have. This is a very important part of the mortgage process because it ensures that a person is not signing up for a mortgage they cannot ultimately afford....
by Brian Decker | Feb 10, 2020 | Brian Decker, Mortgage
Refinancing a mortgage can be a strategic way to improve how you pay for your home. Put simply, refinancing a mortgage entails paying off an existing home loan and obtaining a new one to replace it. The process can be costly, but many individuals see the value in...
