FHA VS. Conventional Loan
One of the big questions homeowners and potential buyers ask is, “Should I go FHA or Conventional and what are the pros and cons of each”. In this article I will address the pros and cons for both Refinance loans and Purchase loans. During a refinance loan there are many factors to consider; Do […]
Announcing our Latest Sweepstakes Winner!!!
AND THE SWEEPSTAKES WINNER IS…………………. Earlene Becton from Washington DC!!! When asked what she was going to do without having to pay a mortgage for 6 months she said “I plan to invest in my community. I want to give back to others to take advantage of this blessing that God has granted me. What […]
Start your loan BEFORE you search for your home
Buying a home is a very big and important step and it should not be taken lightly. It is one of the biggest financial steps a person will ever take, especially if they are first-time buyers. After years of renting, many decide it is time to buy, time to invest their money in their own […]
Fellowship Home Loans is different from large banks
As a mortgage loan officer for over 18 years I have seen both sides of the entire loan mortgage process from beginning to end with a larger lending institution like Bank of America, Wells Fargo and Chase and with smaller lending institutions like us here at Fellowship Home Loans. Here are some of the main […]
DIY Improvements to Boost Your Home Value
If you want to boost your home value, for any reason you may have, whether to simply feel more comfortable in it, or in order to sell it sometime in the future, there are some simple DIY improvement projects you could take on. When it comes to adding value to your home, most people do […]
Choosing The Right Reverse Mortgage Professional
Often times I am asked if I would recommend a reverse mortgage for one of my own family members. I think this is a great question and the answer is quite simple. I would certainly recommend a reverse mortgage for a family member if the situation was fitting. Sometimes a reverse mortgage works perfectly for […]
The Dangers Of A Loan Modification
If you’ve ever been significantly behind on a mortgage then you’ve probably been offered a loan modification by your mortgage servicer. They tell you that it will lower your monthly payments and stop phone calls demanding immediate payment of your mortgage. It’s true, a loan modification can make your monthly housing payment more affordable. But […]
Factors to Consider when Searching for a Loan
With several different loan products available, you want to choose an honest lender, that holds strong principles to work with to help find the program that fits ideal with that borrower. When working with a reliable mortgage lender, like Fellowship, we will use certain metrics and indicators to find the ideal fit loan for YOU. […]
PURCHASE OR REFINANCE AFTER FORECLOSURE
Since Fellowship Home Loans is a faith based lender, we take a different approach to the mortgage process. Whether you are refinancing, purchasing or just trying to educate yourself we are here to help in any way we can. Which brings me to the topic I would like to discuss with you. Many times, in […]
The Pros and Cons of VA Home Loans
What are VA loans? What are pros and cons? With so many mortgage products available on the market, the Veteran’s Affairs have developed a specific type of loan designed to offer long-term financing to eligible American veterans or their surviving spouses (provided they do not remarry).The VA loan program offers advantages to our active military […]