April 8, 2020
Mortgage forbearance is an option for the millions of Americans who have suffered financial hardship since the start of the coronavirus pandemic. It can help them stay in their homes, avoiding late penalties and the risk of foreclosure. However mortgage forbearance is not a waiver or a grant. It only delays the payments owed to […]
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October 8, 2018
Now there is a way to give back to your elderly parents that is also an investment opportunity for you. Resource Financial Services is proud to offer Fannie Mae’s Family Opportunity Loan, which allows you to purchase a property for your parents if they cannot qualify on their own credit. If you are interested in purchasing a […]
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April 5, 2018
If you’re applying for a home loan, the underwriter is the behind-the-scenes person you may never see. But when it comes to approving your loan, he or she is the gatekeeper to approval. Mortgage loan approval rests on several things: income, credit history, debt ratios and savings. It is the underwriter’s job to ensure all […]
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March 14, 2018
If one of your goals was to buy a home in 2018, the time to begin your search is now, before the spring rush begins and competition for the best homes heats up. Start by talking to your mortgage lender to get an idea how much home you can afford. Your mortgage banker can let […]
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