Have you heard the term “guaranteed loan?” It’s possible, but it’s mortgage industry parlance that describes a specific feature of a mortgage program. There are three such programs and they’re all guaranteed to some degree by the government. It’s a government-guaranteed loan and there are three of them. The three are the VA, FHA and […]
Thinking of Buying? Ask Yourself These Three Questions
Let’s face it, there are some very real advantages of renting instead of owning. Most of those advantages are related to a change of scenery. When renting, you have a choice of where you want to live, what you want to pay each month for rent and how long you want your lease for. For […]
5 Questions First Time Buyers Need to Ask
Buying a first home is probably the biggest financial decision someone can make. For those who already own their own homes they can relate. It’s a process that can be explained upfront but until someone goes through it, experience is the ultimate teacher. Finding, buying and financing a home can be a rather drawn out […]
Why Lenders Ask for the Things They Do
Whether it’s applying online, meeting a loan officer face-to-face or having a conversation over the phone about a new home loan application, you’re provided with a list of things the lender will need to see before underwriting the file. Because mortgage lenders follow the same basic lending guidelines they all ask for the same basic […]
Looking For Mortgage or Refinancing Options?
Looking For Mortgage or Refinancing Options? When you have made the decision to purchase a home one of the major steps involved is obtaining financing. It is a good idea to consider financing options before you begin looking at homes. At C2 Financial, we can help you determine the best financing options available to meet […]
