Top 6 Reasons to Get a Mortgage in Pittsburgh
If you’re considering getting a mortgage in Pittsburgh, you should know that there’s plenty of reason to take action quickly. From historically low interest rates to hungry real estate investors looking to snatch that dream property out from under you, there’s no shortage of reasons to not approach getting a mortgage in Pittsburgh with a […]
Pittsburgh Mortgage Terms As-Cl
In Pittsburgh Mortgage Terms Ac-Ag, we discussed 7 key terms related to the real estate and home buying process that all mortgage borrowers should know. This included “A” Credit, ARM or Adjustable Rate Mortgage, Adjustment Interval, Agreement of Sale, Amortization, APR and Appraisal. In this part of the series we’ll continue covering these terms in […]
Pittsburgh Mortgage Terms Ac-Ag
Pittsburgh mortgage terms can be confusing to people who are not familiar with the real estate and mortgage lending industries. Specialized banking terms, slang, abbreviations and other forms of industry jargon can make the process more difficult for a mortgage borrower, and in some cases it can actually deter them from getting the home of […]
Mortgage Your House, Not Your Future
Many people buy a new home by looking at homes, and putting an offer on one, and then call the bank. Some even buy some new furniture, close down some credit cards, or accept that new job prior to consulting with a professional about the financing of that new home. The savvy consumers, however, call […]
Pittsburgh Mortgage Available even with Credit Problems
You can get a Pittsburgh mortgage even if you’ve had credit problems in the past or have a somewhat blemished credit history now. Unfortunately, many people have been wrongly informed that unless their credit is absolutely stellar, they either won’t be able to get a mortgage, or if they do they’ll be forced to accept […]
Pittsburgh Mortgage Company Launches New Website
FOR IMMEDIATE RELEASE Leading Pittsburgh mortgage company Sail Mortgage announced the official launch of its newly redesigned website this week after several months in development. The new site offers public resources including free financial and mortgage calculators and the option for an immediate quote and consultation. PITTSBURGH, Pennsylvania May 10, 2012 Sail Mortgage announced the […]
Buyer’s Market for a Pittsburgh Mortgage
If you’re in the market for a Pittsburgh mortgage or refinance, you’ll be pleased to know that we’re currently in what is known as a Buyer’s Market – meaning the advantages of a home purchase or refinance are mostly on the side of the buyer right now. This is primarily because interest rates are at […]
Pittsburgh Mortgage Company Launches Free Financial Calculators
FOR IMMEDIATE RELEASE Top Pittsburgh mortgage company Sail Mortgage announced the official launch of free financial calculators and other tools available via the firm’s website. The calculators include ARM vs. Fixed Rate, FHA Loans, 15 and 30 year comparisons and a reverse mortgage calculator, among others. PITTSBURGH, Pennsylvania April 26, 2012 Sail Mortgage announced the […]
CFPB Recommends Increased Mortgage Borrower Protections
Mortgage borrowers in Pennsylvania were exalted this month when the CFPB made recommendations that – if passed – will provide significant protections to consumers. While most of these protections are aimed at increased disclosure, some also sought to provide additional protections, such as error investigations and delinquency assistance. Understanding these new mortgage borrower protection recommendations […]
The Mortgage Process, Step By Step
1. Make contact with client. Provide the Pre-Approval, if purchase. 2. Take loan application in person, over phone, via website, other. 3. Run credit scores and review with client. 4. Input application into system. 5. Provide Initial Fees Worksheet and review with client. 6. Begin underwriting of loan. 7. Order appraisal. 8. Order title […]