Kevin Fase's Blog

I recently had a client tell me the reason she wanted to put 20% down was to avoid private mortgage insurance. What she didn't realize, PMI could actually be avoided, reduced or leveraged without a 20% down payment. "Oh really", she exclaimed. You bet! PMI is more flexible than it has ever been.P...

I sometimes get the question, "Why is my wife's credit score higher than mine?" or vice versa. This is a good question and an excellent opportunity to explain how credit scores are calculated as well as the importance of maintaining a high healthy score.I have learned over time, most of the peopl...

Grand Rapids, MI has approximately a 5 month inventory of homes, condos, investment and vacant land for sale as reported by our local MLS provider. During the month of March, The Grand Rapids Association of Realtors, otherwise known as GRAR, reported just over 14,000 listings available. However, ...

Here is a article written by the Mortgage Market Guide, a paid service I subsribe to.PLEASE MISTER POSTMAN, LOOK AND SEE...IF THERE'S A LETTER, A LETTER FOR ME...Perhaps the reason neither the Beatles nor the Marvelettes hadn't received that important letter was simply incorrect postage. And with...

New homeowners often worry about cash flow, especially when it's time to move into their new home. This stress is even more heightened when the buyer is moving out of their existing home they are still trying to sell. Now instead of one house payment each month, they may worry about two. The deci...

As a mortgage advisor to thousands of clients, people turn to me for help with their financial needs everyday.Today I'd like to share with you something that I've recently started sharing with my clients.  It's a little known secret about credit reports. But first, I'd like to say this. In my 10 ...