Video from YouTube: Understanding Your Credit Score A credit score is a 3-digit number based upon a number of factors from your financial activities. It is used to determine your creditworthiness for a mortgage, auto loan or credit card. A company called FICO creates what is called a FICO Score. It is based 35% on […]
About Renee Duval – Reverse Mortgages in
Meet Renee Duval of Bookend Lending LLC, your trusted reverse mortgage specialist with nearly four decades of experience here in New Hampshire. Renee assists REALTORS®, financial advisors, and senior homeowners in navigating reverse mortgages. A reverse mortgage allows homeowners aged 62 and older to use part of their home equity to improve their cash flow […]
And What’s the Point?
The question is: Should I pay points to get a lower rate? Understanding Mortgage Points and Lender Pricing When shopping for a mortgage, terms like “point” and “points” might sound a bit confusing. Don’t worry—I’m here to break it all down and help you understand the mechanics of mortgage pricing, so you can make informed […]
Why Buyers Need a REALTOR…
Why do buyers need a REALTOR? REALTORs are professional real estate agents who adhere to the highest level of conduct and ethics. Many have years of experience, teams to support you and a deep understanding of every facet of the homebuying process. Hiring the right REALTOR makes all the difference! 1.REALTORs know the city and everything […]
TRID? TILA? RESPA? What are these acr...
We’re ALL (Amazing Loan Ladies) about simplifying the complicated and taking care of the details! TRID stands for TILA/RESPA Integrated Disclosure Rule TILA = Truth in Lending Act RESPA = Real Estate Settlement Procedure Act TRID is CFPB’s requirement to simplify all of this. CFPB = the Consumer Finance Protection Bureau, the new agency overseeing […]