General Loan Information
How Much Does it Cost to Buy a Home
Before buying a home, it’s important to know how much it will truly cost you. You’re probably aware that there’s a down…
Read Article
General Loan Information
5 Biggest Mortgage Mistakes to Avoid
Whether you’re a first-time homebuyer or a repeat buyer, you may have questions about the mortgage process. The good news is that…
Read Article
General Loan Information
Rules for Using Gift Funds as a Down Payment
In spite of having sufficient income to afford a monthly mortgage payment, some would-be buyers defer a home purchase because they lack…
Read Article
General Loan Information
What is “Stability of Income” When Applying for a Mortgage
Income stability is key detail underwriters consider when reviewing home loan applications. If you’re employed, meet the minimum credit requirements and earn…
Read Article
General Loan Information
Surprising Reasons Why Your Mortgage Loan Could Be Rejected
If you’re buying a home and applying for a mortgage, you’re likely prepared for a ton of paperwork and back-and-forth communication with…
Read Article
General Loan Information
Facts You Should Know About Mortgage Insurance
Concerned about monthly rent increases and renting instability? Ready to buy a home of your own—a safe place to settle down? As…
Read Article
General Loan Information
How the Update to ‘Know Before You Owe’ Rule Will Benefit Homebuyers
Last October, the Consumer Financial Protection Bureau’s ‘Know Before You Owe’ initiative went into effect with the goal of promoting greater transparency…
Read Article
General Loan Information
Annual Mortgage Review: Choose ACM as Your ‘Lender For Life’
Back in 2011, a group of seasoned mortgage professionals formed Atlantic Coast Mortgage and set out to improve the mortgage process for…
Read Article
General Loan Information
How Updates to Credit Reporting Standards May Help Homebuyers
It’s no secret that credit reporting is imperfect. Credit reports can have outdated information, incomplete records, and even mistakes. Unfortunately, these problems…
Read Article
