Enhancing Your Divorce Practice: Partnering with a Mortgage Professional
Dear Attorneys, Divorce can be a challenging and complex process, and one of the significant issues that often arise is the division of marital assets, including real estate. I am a Mortgage Professional with extensive experience in helping individuals navigate the financial aspects of divorce, specifically in the areas of refinancing and purchasing new homes.…
Read MoreLunch & Learn
Having Epic Mortgage conduct a “lunch & learn” presentation for your company’s employees looking to buy a home offers several advantages that can benefit both the employees and the employer. Here are some key points to explain these advantages: Convenience: The “lunch & learn” format is a convenient way for employees to receive valuable information…
Read MoreAdvantages of Wholesale Mortgage Brokers over Retail Bank Loan Officers
The advantages of using wholesale mortgage brokers versus retail bank loan officers are indeed compelling and can significantly impact a homebuyer’s experience. Here’s a summary of the key points: Unparalleled Access to Options: Wholesale mortgage brokers have access to a wide range of loan products from various financial institutions, while retail bank loan officers are…
Read MoreWhat is Debt Service Coverage Ratio?
The Debt Service Coverage Ratio (DSCR), sometimes referred to as Debt Service Credit Ratio, is a financial metric used by lenders, particularly in commercial real estate and business lending, to assess a borrower’s ability to meet their debt obligations, specifically their loan repayments. It is a critical factor in evaluating the creditworthiness of borrowers and…
Read MoreThe Consequences of Waiting for Mortgage Rates to Drop
As you contemplate the significant decision of buying a home, I wanted to share some insights regarding the potential negative effects of waiting for mortgage rates to come back down to 5% versus making a purchase now. Additionally, I’ll touch on how lower rates might impact home prices in the future. Firstly, waiting for mortgage…
Read MoreThe Helper Act
The “Homes for Every Local Protector, Educator, and Responder (HELPER) Act” addresses the challenge of homeownership for first responders and educators, recognizing that these essential roles often come with financial constraints due to modest salaries and high job demands. The HELPER Act aims to empower these community heroes to achieve homeownership within the areas they…
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