by The 2 Mortgage Guys | Jul 9, 2009 | General News & Information, Indiana Mortgage Blog, Program Changes
Yes, mortgage underwriting has gotten a lot harder. Let’s face it, it wasn’t that long ago a person capable of fogging a mirror could obtain some sort of mortgage financing if they really wanted to buy a house. Over time investors got too greedy and the...
by The 2 Mortgage Guys | Jun 30, 2009 | Indiana Mortgage Blog, Tips
Here’s a quick way to calculate the maximum mortgage payment you may qualify for. First, take your monthly gross income and multiply it by 28%. Second, take you gross monthly income and multiply it by 48%. This first number is typically the maximum mortgage...
by The 2 Mortgage Guys | Apr 20, 2009 | "Show & Tell" Audio Podcasts, Indiana Mortgage Blog
Have you ever been asked by a Real Estate Agent to get pre-approved? What exactly is a pre-approval anyway? Listen to our audio podcast and we’ll answer these questions for you. If you prefer to watch the video you can watch it here. You can listen to or...
by The 2 Mortgage Guys | Apr 17, 2009 | "Show & Tell" Educational Videos, First Time Homebuyers, Indiana Mortgage Blog, Videos
This week we’re explaining what it means to be pre-approved to buy a home. Why bother getting pre-approved when you know you have good credit? Why do Realtors want to know if you’re pre-approved? Check out this short video and find out for yourself.
