Darin Sewell's (dsewell) Blog

An FHA loan is a government insured loan that was instituted to assist buyers with minimal cash to purchase a home and first time buyers.  An FHA loan is a great way to go about buying a home because there are flexible financing guidelines for first time buyers, including minimal down payments, a...

 Curb appeal is the attractiveness of your home's exterior and landscape when viewed from the street. Home curb appeal is important in getting home buyers interested in taking a closer look. Giving a home curb appeal is the first step in getting your home ready for sale.Many home buyers will pass...

Refinancing a mortgage is simply taking out a new mortgage to pay off the present loan on a home.  Refinancing a mortgage is usually done to lower the monthly payments take cash out or consolidate debt, either by obtaining a lower interest rate or by extending the length of the mortgage.Mortgages...

Jumbo Mortgages are available to qualified borrowers who require financing in excess of $417,000.  Jumbo mortgages are most important in areas with high home prices, most notably on the East and West coasts.  Jumbo mortgages are available in both fixed rates, ARM's and interest only products.JUMB...

Hard Money loans are often referred to as hard equity loans, because unlike a conventional mortgage, which focuses primarily on the credit score and mortgage history of the applicant, a hard money loan is focused primarily on the equity you have in the property.  Hard money loans are loans funded...

A good Realtor can make selling or buying real estate more enjoyable and efficient by using advanced tools available to them to search for more homes and potential buyers, these tools can help get buyers appointments to view listed homes they are interested in and bring more buyers to your listed...

A stated income  mortgage is for borrowers who can't prove their income with standard income documentation, usaully these borrowers are self-employed or work for tips or have a  commission based salary.  A stated income mortgage is a good option if you would have difficulty proving your income.  ...

Adjustable-rate mortgages were heavily sold by mortgage brokers and bankers the last 5 years and many borrowers looking for low payments eagerly signed the loan papers. At the time ARM mortgages offered low introductory interest rates and low payments for the borrowers the took them. The downside...

No doc loans are mortgages that do not require the borrowers monthly income amount and employment source to be filled in on the mortgage application.  No Doc loans are a great program for the borrower that just doesn't have the ability to come up with the required paper work for a conventional or...

If your past history of credit has been flawed by a bankruptcy, the most important thing for rebuilding credit after a bankruptcy is to add positive information into your credit report. The key to re establishing your long term credit credit is to show creditors that you are now financially respo...