Strategic Mortgage - Bill Kamboukos

Follow me
By
Mortgage and Lending - Strategic Mortgage - NMLS#160440
RECENT BLOG POSTS
            One of the most common questions asked, is how much of a down payment is needed to purchase a home? The answer as with most anything in life, is it depends. You can purchase a home with no down payment (VA loans) or with a 3% down payment (some VA loans), or you may need a 15% down pa...
09/30/2019
A popular idea to pay off your home mortgage loan sooner, is to switch from a monthly payment, to a bi-weekly payment.The concept behind the bi-weekly mortgage payment, is that you make half a mortgage payment, once every two weeks, instead of making one full payment per month. This then allows y...
09/23/2019
            Having a low interest rate on your home loan should absolutely be your priority. For almost everyone, their home loan is the largest debt they have and therefore the interest adds up more than anything else. However, when choosing a home loan, you would most often benefit from choosin...
09/15/2019
           VA home loan limits are once again increasing for Veteran’s Administration backed home mortgages. The new loan limits are $484,350, up from the current limit of $453,100.             This is the third year in a row that VA loan limits have increased and continues to show the strengthen...
12/14/2018
 FHA home loan limits are once again increasing for HUD insured FHA mortgages. The new loan limits are $314,827, up from the current limit of $294,515. What this means is that for someone looking to purchase a home with the 3.5% minimum down payment, using an FHA loan, can now do so, up to a $326...
12/14/2018
             Conventional home loan limits are once again increasing for Fannie Mae and Freddie Mac backed conventional mortgages. The new loan limits are $484,350, up from the current limit of $453,100.             This increase also carries over to VA home loans, meaning that the base VA loan l...
11/27/2018
Earlier this year, we wrote an article, discussing the things not to do, before applying for a home loan. In this article, we will look at the other side of the picture and provide some tips, for things to do, prior to applying for a home loan. These items below are tips that can not only help yo...
10/29/2018
There are multiple reasons why someone might refinance their home loan. They might be pulling equity out of their property for debt consolidation or home repairs. Or someone may refinance, to move from a mortgage with mortgage insurance, to a new loan without mortgage insurance. Or perhaps you ma...
10/22/2018
If you are looking to purchase a home with the lowest down payment available, it generally comes down to either looking into a Conventional home loan or an FHA home loan.  (Side Note: for those that qualify for it, a VA loan is a great program, with no minimum down payment required).In this artic...
10/08/2018
The VA Home Loan is a benefit to those who have served or are serving our armed forces and is a truly unique program, for those that are eligible. The VA loan program is for qualified Veterans of the Armed Services and National Guard and also current active duty military personnel. This article w...
09/24/2018
Rainmaker
142,048

Bill Kamboukos

smartphone(480) 703-5844
local_phone(480) 219-3682
Contact The Author