Mortgage 1 Team

March 16, 2017

8 Reasons a Borrower Should Choose an FHA Mortgage

8 Reasons a Borrower Should Choose an FHA Mortgage The Federal Housing Administration (FHA) is a United States government agency created in part by the National Housing Act of 1934. FHA Mortgages expand the eligibility of home-ownership to borrowers that may not fit into the typical conforming […]
March 2, 2017

What are Interest Rates Right Now?

What are interest rates right now? It has more to do with the borrower than the lender. 5 Ways Borrowers Impact Their Interest Rates. 1. Credit Score More than any other factor, borrowers credit scores have the most significant influence on all types of borrowing. […]
February 24, 2017

What is included in closing costs?

Many first time home buyers are surprised that they need more than just “down payment money” to buy a home. Government regulations have created many costs associated with getting a Mortgage. We wanted to share a short description of what some closing costs include.  This list below only […]
February 14, 2017

10 Steps toward a smooth mortgage transaction.

10 Steps toward a smooth mortgage transaction. The Lending Professionals at Mortgage 1 have access to thousands of programs and the experience to custom tailor a loan that is right for every individual.   First-time home buyers, as well as consumers who have been through the […]