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Three Things You Want to Avoid in the Mortgage Process

Three Things You Want to Avoid in the Mortgage Process

Ready to buy your dream home? Have you chosen your mortgage lender yet? You are much more likely to get mortgage-approved if your bank statements are clear of these three things:1.  Bounced checksIf your checking account is littered with multiple ove

Sep 29, 2016 | 247 application baltimore home loan lenders loan programs maryland real estate refinance new mortgage mistakes millenials

Homeownership Trends

Homeownership Trends

According to the U.S. Census Bureau, homeownership rate has resumed it's decline."Despite two years of strong monthly job gains and solid home sales at a pace of 5.5 million annually, the homeownership rate fell to its lowest level in 50 yea

Aug 19, 2016 | 247 application baltimore home loan lenders loan programs maryland millenials mortgage new real estate refinance

The 20 Percent Down Payment Myth

The 20 Percent Down Payment Myth

If you have ever purchased a home, or even talked to someone about doing so, you are familiar with the "20 percent down myth". Fearful first-time buyers, you can officially bust that myth today.Of course, there are many different factors that go

Aug 07, 2016 | 247 application home loan lenders loan programs mortgage new refinance baltimore maryland real estate

Baltimore Market on the Rise

Baltimore Market on the Rise

A new report this week showed that the Baltimore area is on the rise for potential homebuyers.Redfin, a real estate data group, released its Demand Index that focuses on home-buying trends, home tours and residential purchase offers in 15 major metro mark

Jul 27, 2016 | 247 application home loan lenders loan programs mortgage new

Small Mortgage Companies Save Time Closing your Loan

Small Mortgage Companies Save Time Closing your Loan

According to Ellie Mae’s latest Origination Insight Report, the average time to close a loan increased to 50 total days in January, which is up four days from when TILA- RESPA Integrated Disclosure (TRID) went into effect in October 2015.Additionall

Jul 25, 2016 | 247 application home loan lenders loan programs mortgage new

The Four Biggest Mistakes People Make When Refinancing Their Homes

The Four Biggest Mistakes People Make When Refinancing Their Homes

At Mortgage 247, we understand that refinancing your home can be an exciting yet nerve-racking time. We also understand that there are many mortgage companies that you can work with. Even if you don't refinance with us, we will teach your the four big

Jul 21, 2016 | 247 application home loan lenders loan programs refinance new mortgage mistakes