Hal Tennant's (haltennant) Blog

Mistake #1: Not knowing how much you can afford before you make an offer. The easiest way to avoid this mistake is to get pre-approved for a mortgage by a Lender so you know in advance exactly how much you can afford.   Most pre-approvals are free and it will give you a basis to make a more infor...

If you listen to the news media, you might think that without a 20% down payment you won’t be able to get great low rates and favorable terms for your purchase. Well, surprise, surprise! That’s just not so. Certainly 20% is the magic number if you don’t want to pay mortgage insurance. Mortgage in...

  http://youtu.be/Yl3653NBElc

  What requires little to no income from the borrower, has a fantastic rate and only 3.5% down?    A Kiddie Condo loan!    And it doesn’t apply ONLY to condos!    What better way to purchase a home for your son or daughter who is headed off to college?  It’s a no-brainer!  The process of buying a...

HARP - You Knew it Had to Happen   According to Better Business Bureau spokesperson Katherine Hutt, referring to the HARP program, “Whenever there is a new or updated government program that may be a bit confusing, scammers come out of the woodwork to take advantage of that confusion. There are a...

If there is one thing that remains constant, it’s that interest rates go up…they go down…but they rarely remain the same.  But with every decrease, you have an opportunity to take advantage of the lower rates.  However, refinancing your mortgage may not be for everyone.  Here are six reasons why ...