Strategic Mortgage - Bill Kamboukos

When it comes to paying off your home mortgage faster, there are many theories and ideas that populate the media and internet. One of the more popular ideas, is that of the bi-weekly mortgage payment. Instead of paying your full mortgage payment once a year, for a total of 12 payments. The bi-wee...

Obtaining a mortgage loan can be one of the most daunting and misunderstood financial processes that someone will face in their lifetime. While the U.S. Government has done a good job in recent years in continuing to push forward legislation to protect consumers, they have also at the same time c...

    For potential homeowners who have had a recent short sale, foreclosure or even bankruptcy, the Federal Housing Administration has a program that may allow them to purchase a new home, just 12 months after the above events.   In order to be eligible for the program you must be able to documen...

The USDA home loan program is a loan program that often times gets lost in the shuffle when being discussed about home loan options for potential and current homeowners.   The program is used considerably less often than Conventional, FHA or VA loan programs and the reason that mainly is, is due...

When it comes to purchasing a new home, after a bankruptcy there are generally standard waiting periods for each of the major home loan programs. In this article we discuss common waiting periods to purchase a new home after a bankruptcy.   FHA Loans – On an FHA loan there is standard two year w...

When it comes to purchasing a new home, after the short sale of another home, there are generally standard waiting periods for each of the major home loan programs. In this article we discuss common waiting periods to purchase a new home after a previous short sale.   FHA Loans – On an FHA loan ...

When it comes to purchasing a new home, after the foreclosure of another home, there are generally standard waiting periods for each of the major home loan programs. In this article we discuss common waiting periods to purchase a new home after a previous foreclosure.   FHA Loans – On an FHA loa...

If you are self-employed and looking to obtain a home loan, the rules are slightly different than if you are a regular salaried or hourly employee. In today’s article, we will cover some basic guidelines and tips for someone who is self-employed, to obtain a home loan, to purchase or refinance a...

In today’s mortgage marketplace, it is important to prepare yourself financially when applying for a home mortgage. In past articles, we have covered the basic items that almost any one needs to follow in order to obtain a home loan.               However, this article will look at the "not to d...

Now, more than ever, having a strong credit score is imperative for mortgage financing whether you are you looking to purchase or refinance a home.    With a conventional home loan, the higher your credit score is, the lower the interest rate you will receive.  Even with programs such as FHA and...