Home Purchase Loan

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Asked by Brian
Answered by Chad Freeman, Branch ManagerPRO+ in Bethesda, MD
Hello Brian - Part of the answer depends on where home values are trending in your purchase zone. If values are increasing, my advice would be to opt for the lower...
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Asked by Brian
Answered by Chad Freeman, Branch ManagerPRO+ in Bethesda, MD
Hello Brian: There are a multitude of loan programs that require credit scores that are across the spectrum. The most efficient way to approach purchasing a hom...
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Asked by Jamie
Answered by Chad Freeman, Branch ManagerPRO+ in Bethesda, MD
Jamie: Thank you for your inquiry. DTI is determined by taking whatever secured debt you have (generally those on your credit report) against your income, represent...
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Asked by Erin
Answered by Chad Freeman, Branch ManagerPRO+ in Bethesda, MD
Hi Erin: That depends on the type of loan you have. If it's an FHA loan, the new guidelines state that the MI will stay on for the life of the loan. If it is conven...
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