What's Ease of Use When It Comes to Mortgages?

Today, we want to discuss a term that, surprisingly, many people aren't familiar with: ease of use. What does this term mean when applied to mortgages? 

Ease of use is just what it sounds like: it's a way to make communicating with The Mortgage Doctor, and managing your documents, much easier! You can now receive and sign documents electronically. Rather than stop by the office or risk sending sensitive documents through the mail, you can upload them online via Dropbox! I realize we're all very busy, and that ease of use will make the mortgage process smoother for you!

The goal is for ease of use to save you time, stress, and money! If that's how you like to do business, give The Mortgage Doctor a call or shoot me a quick email. I would love to hear from you!

How Can You Win a Multiple Offer Situation?

It's finally spring here in Omaha and the home buying market is heating up! If you're a homeowner, now is a great time to list your home if you want to get top dollar and sell quickly! Give The Mortgage Doctor a call if you're thinking about selling! I can get you introduced to a top Realtor in the area.

If you're a buyer in this busy market, getting pre-approved is a must. If you want your offer to stand out in a crowded market, a pre-approval is the first step! Many home sellers won't look twice at an offer that doesn't have a letter of pre-approval.

If you have any questions about these topics, or if you have any questions about the loan process, give The Mortgage Doctor a call! I would love to hear from you!

What's Better: FHA or Conventional Loans?

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With the spring real estate market warming up, I'm receiving a lot of questions about what type of home loan is right for you. There are a lot of different options out there, and I'll be explaining a few to you today.

The FHA loan is a good option because they have flexible guidelines and allows for a wider range of buyers to purchase homes. They're lenient with credit scores and will accept borrowers with debt-to-income ratios that are a little higher. This works for some people, but it's simply not for everyone.

Other conventional loans are good options, too. Fannie Mae and Freddie Mac have new products that only require 3%-5% down on a home loan. However, if you don't have the best credit score, this will be reflected in your interest rate. These loans focus more heavily on your credit score, so if you're building better credit, these may not be the right fit for you.

There really is no magic formula when it comes to finding the right loan program. Everyone's situation is unique, and will probably require a different loan program.

If you're looking to find a program to fit your needs, please don't hesitate to contact me. I can do a credit health check-up and find a loan program that will work for you!