Stay Ahead in the Ever-Changing Home Buying Market with Spire: Your Trusted Source for Industry News and Insights.
What is a Loan Estimate?A Loan Estimate (LE) is a three-page document borrowers receive three business days after applying for a mortgage. It provides a summary of the loan terms,
In short, the absolute answer is yes. But why? First, it’s important to recognize that human beings are genetically pre-disposed to default to the negative in most situations and buying
Debt Service Coverage Ratio (DSCR) loans are a fantastic loan option for investors who have complicated income or have too high of a Debt-to-Income ratio for standard Conventional financing. DSCR
With limited inventory and an increasing number of buyers looking to purchase, home prices continue to soar in America’s most competitive markets. As such, there has been an ever-increasing number
What Is Debt Consolidation?Debt consolidation is the combination of multiple debt sources with different interest rates, payments, and due dates into a single loan with a more-favorable term structure. There
How Does Your Score Stack Up?A credit score is a 3-digit number ranging from 300-850 and is a rating of risk. This score gives a potential lender an idea of
Once you understand what a cash-out refinance is, its pros and cons, the next step is to decide whether you are interested or not. For those who may like to
A seller’s market is a situation where many prospective customers buy houses but with fewer houses leading to high demand. When in such a situation, homes are often sold quickly
When you read through the requirements of an Arizona mortgage cash-out refinance, equity will be at the top of the list, next to a good credit score and a low
A cash-out refinance is an excellent way for you to cash in on your home’s equity. By taking a bigger mortgage and cashing out the difference, you can get your
Type us your question and we’ll answer your specific scenario! We’re really good at this and respond fast!
