Buying Your First Home Where to Get Started with Broaden Mortgage Regardless of whether you are looking to buy a home now, or if you are a few years off, we can help you understand your options and how to get the right mortgage for you situation. How Mortgage Loans Work Our Home Buyers Guide […]

Florida Hometown Heroes The Florida Hometown Heroes Program is offered to first-time homeowners within the State of Florida offering up to $35,000 in down payment and closing cost assistance. There are some restrictions that apply. This article is meant to educate those thinking of using the program to some of the restrictions and qualifications to […]

Conventional 1% Down Many Homebuyers will now qualify for the 1% down program! With a weakened economy, and inflation at historical highs, many potential homebuyers are finding themselves short when it comes to liquid capital. Having savings built up to cover 6-10% of the purchase price for a down payment and closing costs has proven […]

What Makes Up a Home Loan Interest Rate Home loans come with varying rates that are priced using Loan Level Pricing Adjustments (LLPA) that take into account the Loan-To-Value (LTV), FICO score, and other factors based on the loan product that we are pricing. Some lenders will run specials or reduce LLPAs for a particular […]

What is Escrow holdback? Imagine that you are purchasing a house. You have inspections performed, only to find repairs that are needed to be conducted. Depending on what was found and the loan program that you are using, these repairs could stop the purchase if unfixed. Other times you may not be in a position […]

Deceptive Mortgage Advertising   I have noticed many companies that are using some deceptive tactics to get applications. Have you seen advertisements from mortgage companies on FaceBook or other social media platforms? Have you received advertisements in the mail from mortgage companies? Do these advertisements seem too good to be true? There are companies that […]

Rental Prices Climbing Triggering terms are basically claims or assertions made within the advertisement about a particular loan product, interest rate, down payment, or other enticing features that may lure a consumer to apply to that company instead of another when those products are not available to all that apply. An example of this would […]

How to Improve Your Credit Score While your credit score may be good enough to purchase or refinance a home now, improving your credit score can open mortgage loan programs and can offer better terms on your mortgage loan. There are many aspects to your credit score and this article is designed to help you […]

What is Escrow? One of the biggest concerns that I deal with from borrowers that are either refinancing or purchasing their home is money being collected for their escrow account. Let’s take a minute to explain how your escrow account works. What is an escrow account? Simply put, an escrow account is a separate account […]