Knowledge

Oct. 16, 2018

Buying a Home with a Hybrid Adjustable Rate Mortgage

While fixed rate mortgages remain at historical low levels, some borrowers are beginning to utilize Hybrid Adjustable Rate Mortgages (“Hybrid ARMs”) for the home buying process. For certain borrowers, Hybrid ARMs are a viable product for the purchase of a home.

A Hybrid ARM is a loan where the loan ...

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Posted in Knowledge
Sept. 24, 2018

Low Down Payment Loans

Often home buyers believe that the minimum down payment is often as much as 20%. Some potential home buyers even put off home ownership because they believe that without a 20% down payment, they cannot get a home. However, this is not true.

Googain offers options for home buyers with ...

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Posted in Knowledge
Sept. 17, 2018

Credit Scores

Credit Scores are an important part of every mortgage loan application. A credit score is a numerical representation of a borrower’s past credit history. The scores run from 350 up to 850 with the higher the score being better. Many lenders have a minimum credit score of 620, though this ...

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Posted in Knowledge