Construction Mortgages are fairly complex and more difficult than a typical house purchase or refinance because of  the inherent risks associated with lending on a home that is in the process of being built. It is considered a greater risk to a lender because it is significantly less marketable during the construction period.   Normally, lenders […]

BREAKING DOWN THE 5 C’S OF CREDIT   While most people have heard of the three R’s of the environment – reduce, reuse, recycle – many aren’t aware of the five C’s of credit – capacity, character, collateral, credit and capital. While your credit score plays a big role in whether your deal is approved, […]