Video: What Your Credit Score Means A credit score is a 3-digit number based on several factors from your financial activity. It’s used to determine your creditworthiness for things like a mortgage, auto loan, or credit card. FICO creates what’s known as a FICO Score, the most widely used credit scoring model today. While there […]
Buying a Home Together: What Two Unmarri...
More people than ever are buying homes together — whether they’re unmarried couples, close friends, or family members co-buying with each other. From a mortgage standpoint, it doesn’t matter and it’s completely fine. We look at your income, credit, assets, and debts, and structure the loan accordingly. Being married or unmarried doesn’t change much on […]
Master Insurance for Condos in New Hamps...
Master Insurance: Why It Matters When buying a condo, one of the most overlooked — and most important — factors is the master insurance policy. A buyer can be fully qualified.The unit can appraise.The offer can be strong. 👉 But if the condo association’s insurance doesn’t meet lending guidelines, the loan may not close. What […]
6 Condo Red Flags That Can Kill Your Loa...
6 Red Flags When Buying a Condo in NH When you buy a condo in New Hampshire, you’re not just buying a unit. You’re buying into a community. Every owner — whether there are 2 units or 200 — owns a proportionate share of the common land and amenities. That often includes building exteriors, entryways, […]
Is a Reverse Mortgage a Smart Move?
Is a Reverse Mortgage a Smart Move When Purchasing a Home? Asking if a reverse mortgage is a smart move is not a dumb question if you’re 62 or older and purchasing ahome because a reverse mortgage may be a smarter choice than paying cash or getting a traditional mortgage! It could be the difference […]
The Triangle of Trust
The triangle of trust — why your REALTOR, your lender, and a financial advisor all belong at the table There’s a triangle of trust in every successful home purchase. Most buyers only build two sides of it. They call a REALTOR. They call a lender. And they move forward hoping everything works out. Sometimes it […]
The Truth About Buying in NH Right Now
The truth about buying in NH right now Everyone has an opinion on whether now is a “good” time to buy. Your coworker, your cousin, the internet… everyone’s got a take. The truth? It depends. Here’s my take on buying in NH right now. What I’m hearing every day:• “Rates are too high — I’ll […]
Do You Qualify for a Reverse Mortgage?
Video Guide: Do You Qualify for a Reverse Mortgage? If you’re considering a reverse mortgage to help fund your retirement, you may be wondering, “How do I qualify?” To be eligible for a typical reverse mortgage, you must be at least 62 years of age, but for a “Jumbo” reverse mortgage – typically used for […]
How Credit Score Affects Mortgage Rate
Your credit score directly affects your mortgage interest rate. Learn how conventional and FHA loans treat credit differently and how New Hampshire borrowers can secure the best rate.
Reverse Mortgages – How to Use the Funds
Senior homeowners are using the additional tax-free cash flow generated by a reverse mortgage in many creative ways to benefit themselves and their families. Homeowners are no longer required to make a principal and interest payment, allowing them to boost their cash flow… free of income tax. The monthly payment becomes optional, giving the borrower […]