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We’ve all heard of credit score, right? That score that directly affects every large purchase you intend to make throughout your life. That’s a big impact. But don’t worry, we are here to help. Here’s a complete guide to understanding your credit score and how you can imp...

Do you know the dos and don’ts of buying a house? It’s okay if you don’t. The housing market has absolutely changed through the generations and honestly, the thought alone can be overwhelming. When you’re buying a house, there’s a few rules that you might not think of u...

If your borrower chose to put their current mortgage in forbearance due to COVID19, the 3-month grace period that they were given is starting to end and that forbearance could prevent them from obtaining a new mortgage unless certain steps are taken.  The quickest thing your borrower can do...

The first step of any loan process is getting a credit check. Unfortunately, the credit companies take any lender pulling your credit report as “implied consent” to sell your information to other lenders. The buyer of your information already knows that you are in the market for what...

From the Desk of Mike Donoghue Fannie Mae and Freddie Mac have issued temporary guidance regarding the eligibility of borrowers who are in forbearance, or have recently ended their forbearance, looking to purchase a new home or refinance their existing home. If the borrower entered into a forb...

Helpful Tips On: Flood Insurance Is your listing a flood zone? Not sure? You can easily find out online, that way you are able to take the appropriate steps to minimize risk! -       Enter the property’s address and you’ll see if it is in the fl...

From the Desk of Mike Donoghue The recent guidance from government officials regarding forbearance and mortgage payments sounds great but the reality is somewhat different. First I will provide you with two examples that recently occurred. A homeowner hears they do not have to make their mo...

We understand that now can be a stressful time. We have come up with helpful tips for those that are working remotely due to COVID-19. Establish your new routine Wake up at the same time each day, being working at a set time. This will help give you a sense of normalcy in feeling like a...

It was announced that banks will waive mortgage payments for 90 days. What does this mean for you? New York State Gov. Cuomo and the Federal government have announced that banks will waive mortgage payments for 90-180 days. This has brought on a lot of discussion regarding mortgage lenders sta...

First and foremost, congratulations on your new home! But just after you’ve finally settled in, you begin to notice that your daily mail is a little bit more robust than usual. This is not uncommon at all. Purchasing a new home as well as securing a mortgage loan brings with it junk mail in...