Empire of America Blog
Helpful information and tips on buying, owning or renting a home and the housing market
Mortgage Lender or Broker? What’s the Difference?
March 17, 2022Is there a difference between a mortgage brokers and a mortgage lender? Yes. Lenders are creditors, have full control over all lending aspects of the lending transaction. Brokers: not so much. Brokers are not creditors; and therefore, they do not […]
Mortgage Transaction Steps
March 8, 2022Common questions: Can we close in less than 30 days? Absolutely, we often close much sooner. If you were interested in a specific timeframe, just mention it to your loan consultant and we can usually accommodate you. Do I need [...]
Underwriting Tips that Can Save a Real Estate Transaction
April 7, 2022Listed below are a few underwriting tips of the trade, that we use in a tight spot when qualifying clients. Not everyone knows about these underwriting maneuvers, so we thought we would share – as there are many ways to […]
What Happens After Your Offer is Accepted?
April 29, 2022Whether or not you have worked with us on another transaction, it’s always good to have this list handy, so that you know what to expect as an initial request from us, once you have that accepted offer. We are […]
What is Happening to Mortgage Rates?
April 22, 2022Mortgage interest rates can have a direct impact on the long-term cost of purchasing a home, and mortgage borrowers will seek the lowest possible mortgage interest rates at the most reasonable cost to close. The lowest mortgage interest rates (conventional […]
When is it Worth it to Refinance?
March 8, 2022Our fiduciary is to assist our clients, we would only refinance your property if there is a net tangible benefit to be had. How do you determine if it’s worth it? Here are some items that we keep in mind […]