How Much is Needed for a Mortgage Down Payment

mortgage down payment

If you’re thinking about buying a home, one of the first questions you may have is how much money you’ll need for a mortgage down payment.  While the answer is almost always “it depends”, one thing is for sure – most people are surprised to find out it takes less money than they think to […]

5 Ways Your Lender Can Help Get Your Offer Accepted

Lenders can help when buying a home

In today’s marketplace, many buyers are finding themselves involved in multiple offer situations, bidding wars, and high levels of competition for nice- and nicely-priced homes.  While money talks and offering a higher price is the obvious way to win a bidding war, there are many other approaches buyers can take to stand out and above […]

How to Compete in a Seller’s Market?

JM-red

How to Compete in a Seller’s Market?        In most areas of our country, the real estate industry is seeing a marketplace leaning heavily toward a seller’s market.  Low inventory, high competition among buyers, rising prices, and little wiggle room with regard to inspection demands and contingencies are commonplace, all evidence of a […]

Delayed Financing – Cash out for Investment Properties

delayed financing

Delayed Financing – Cash out for Investment Properties   Often times, it benefits an investor to acquire a new property with a cash transaction.  Rather than obtaining a mortgage initially, offering cash can bring about several benefits.  For one, in a competitive market, sellers will often view a cash offer more favorably than a financed […]

Philadelphia Mortgage Refinance

JM Loans: Mortgage Made Easy

Philadelphia Mortgage Refinance   Recently I was able to help a favorite client of mine with his Philadelphia mortgage refinance.  When rates dropped several years ago, we were able to take advantage and help him save a lot of money each month.  After our closing he used a home equity line of credit to do […]