Strategic Mortgage - Bill Kamboukos

Follow me
By
Mortgage and Lending - Strategic Mortgage - NMLS#160440
RECENT BLOG POSTS
In almost every financial transaction you undertake, your credit score matters. Even in other areas of life, such as employment, a credit score is looked at as a reflection of responsibility and having a less than stellar credit score can impact your financial future in a positive or negative way...
04/26/2016
Purchasing your first home can be a daunting task, as the process involves a very large financial transaction and many components that the average person has just not dealt with until they navigate their first home loan process.            This article will talk about a few of the key items that ...
04/19/2016
When you apply for a home mortgage, whether to purchase a home or refinance your existing mortgage, you always want to make sure to put yourself in the best financial situation possible. This will allow you to receive the lowest interest rate possible and have the highest probability of receiving...
04/12/2016
When it comes to obtaining a mortgage for a second home or investment property, the process is very similar to that of obtaining a primary home, except with some additional financial and down payment parameters.Loan TypeThe most commonly used loan type to purchase a secondary or investment home, ...
04/05/2016
The FHA home loan program is a sometimes overlooked loan program, as many assume it might be a program just for first time home buyers or for those with less than stellar credit, but the program is a good consideration for many potential home buyers. This article lays out some of the unique aspec...
03/29/2016
While other mortgage loan programs backed by the Government have moved to continually raise their underlying fees, the Veterans Administration loan program, available for active duty and veterans of our armed services has actually worked to continue to lower loan fees and expand the benefit for t...
03/15/2016
When purchasing a home, gift funds can be used for the entire down payment for a Conventional loan or an FHA loan, as long as you properly receive a gift from a family member.That means that you potentially could purchase a home without any down payment out of pocket, but the gift fund process mu...
03/08/2016
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 any of the above events.In order to be eligible for the program you must be able to document...
03/01/2016
The minimum down payment to purchase a home using a conventional home loan is generally 5%, but for first time home buyers or those who have not owned a home in the past three years, the minimum down payment actually drops to 3%. That makes this program one that has a lower down payment, then eve...
02/23/2016
Traditionally, when it came to obtaining a home loan for someone who was self-employed, two years tax returns were used for qualification. However, now only the most recent year’s tax returns can be used in certain cases.In the past, if you were self-employed, your last two years tax returns were...
02/16/2016
Rainmaker
142,048

Bill Kamboukos

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