Did you know that you can also use a reverse mortgage to purchase a home? It’s not just for those who are at least 62 years old and currently own a home. So why would someone want to use a reverse mortgage to buy a home? Well there could be any number of reasons. One […]

Now that you’ve determined you qualify for a reverse mortgage and it is right for you or your loved ones, how do you use it? Today I discuss in the video above and in this blog three ways you can utilize a reverse mortgage. Lump Sum: One way that seems to be popular is with […]

Most people think that a reverse mortgage is scary or way too complex to venture into. That is just simply not the case. In fact, it is much easier to get approved for a reverse mortgage than a forward traditional mortgage. There are just a few things that you even need to consider to see […]

There are a lot of misconceptions out there in the mortgage industry. One of those misconceptions is, “I need at least 20% for my down payment.” Most people do not think home ownership is possible outside of FHA, going the conventional route. But what if I told you I am getting borrowers approved all the […]

To Pay or Not To Pay…. That is the question. Hey, none of us WANT to pay FHA’s monthly mortgage insurance as part of our mortgage payment. But we have to pay to play right? Well, since FHA is so attractive in that it allows first time home buyers or those who have not owned […]

Over the last twelve years I’ve had many a discussion with both the seasoned home buyer as well as the first time home buyer. More often than not it comes down to the borrower’s (buyer’s) perception of what it takes in their mind to become approved for a home loan. Because there is constant movement […]

I recently read an article in the Tampa Bay Times. Although it was posted on May 30, 2014, I stumbled across it on a mortgage news daily post. Being in the Tampa Bay market myself and having a small, yet efficient mortgage consultant company, I felt compelled to blog about this ever interesting topic. With […]

Have you heard of the Fannie Mae Homestyle Renovation Loan? If you haven’t yet, you will. With Fannie Mae winding down the Homepath and Homepath Renovation Loan on October 6, 2014, they now will rival with FHA’s 203K. The Homestyle is a cool little hybrid construction loan if you will. With the Credit Crunch and […]

When working with borrowers in the mortgage industry, it’s always interesting and exciting to meet all kinds of different people. None are more enjoyable than a first time home buyer in our experience. Jenna came to us via Jackie Hillman with ReMax Bay to Bay, with offices located in South Tampa. Jenna had never owned […]

ATTN:  Florida Realtors.  Do your buyers need a little help with closing costs for their new home?  Green House Mortgage will pay for an appraisal for your buyer on any new buyer you bring to us for qualifying between now and the last day of January 2014.   The buyer’s loan must close with us in order to […]