My New Blog

It is important to plan your mortgage and obtain a Pre-Approval before shopping for a home. What is the difference between a Pre-Qualification and a Pre-Approval?

Pre-Qualification is the starting point in your search for mortgage financing. A quick look at your income, debt, savings, employment, etc are all factors that will help analyze your eligibility.

Pre-Approaval is a written documentation that shows you have an actual lender approval. The underwriter has reviewed and accepted your financial documentation.

We now have our own Fan Page on Facebook. Please visit us at "Zenet & Carri First Priority Financial".

Rates are still historically low and homes are still more affordable than they have been in some time. Although the Federal Homebuyers Tax Credit maybe gone, some consider this their "sweet spot" for purchasing a home today.

Refinancing applications have increased the last two weeks due to the low interest rates. We have not seen rates this low since August 2009.

If you currently have an adjustable rate mortgage due to change within the next 1 or 2 years or have an existing FHA loan and want to see if you can qualify for a lower rate, please contact us.

We just returned from San Francisco and the Mortgage Revolution conference. There were several hundred mortgage professional in attendance from all over the nation. Our opening keynote speaker was no other than Todd Duncan. This was is first speaking engagement since losing his wife to cancer in 2009.

Todd reminded all of us that finding the balance in life and work is crucial. He shares how to build communities through "High Trust Giving". In the giving spirit "Mortgage Revolution" did just that.  All the profits went to charity and each event organizer paid for their own travel, hotel and ticket to the event.

We believe it is our responsibility to restore honor back to the mortgage business. We shouldn't leave it up entirely to Capital Hill to ensure mistakes of the past are not repeated.

Since education is at the heart of reform in the mortgage industry, we came to learn and share. We are happy that we attended the conference and we look forward to working with you.

 ~ Team First Priority