by Athena Paquette | Nov 14, 2015 | Blog, Home Owners, Investors, Realtors
Client gets turned down because of ex-husband. We turn it around. Yes, we had a client who got turned down for a mortgage because we were counting her spousal support and her ex does not pay on time every month. Stunned, I am a “never-quit” mortgage advisor, and I...
by Athena Paquette | Oct 30, 2015 | Blog, Home Owners, Investors, Realtors
Is it true that when if you get an Owner-Occupied Loan, you have to refinance when you move out? NO! Believe or not I have had a few clients think that this is the case. When you sign loan documents, the NOTE and the DEED of TRUST are the 2 contracts that you sign....
by Athena Paquette | Jan 26, 2015 | Blog, Home Owners
Dear Homeowner, Congratulations on buying your home in 2014! As you may have heard the Mortgage insurance rates came down last week and so now is your chance to drop your rate and cut your monthly mortgage insurance “PMI” almost in half. There is no qualifying and no...
by Athena Paquette | Sep 30, 2014 | Blog, Realtors
You need to be on the job for 2 years before being eligible for a mortgage. NOT TRUE. I just had a client come in who has been on her job for 5 months. She is a paralegal, and in the past had been in the hotel business. One lender turned her down, even though she had...
by Athena Paquette | Apr 18, 2014 | Blog, Home Buyers, Investors, Realtors
Myth Buster of the Week: True or False: Retired people, or people on fixed income cannot qualify for a Loan. False! It’s surprising to me just how many people think that being on social security or disability means you can’t get a loan. That is simply not true. As...
