Mortgage FAQ: How Can I Make Sure the View from My Home Won't Change Due to Development?
"I’M IN THE PROCESS OF BUYING A NEW HOME THAT HAS A GREAT VIEW FROM THE DECK IN THE BACKYARD. HOW CAN I BE SURE THAT THIS VIEW WON’T...
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Omega Financial Mortgage
- Oct 13, 2021
- 3 min
Rate Update: How Long Will the Record-Low Interest Rates Last?
Let’s look into our crystal ball and see if we can shed some light on the short-term future of the interest rates.
Omega Financial Mortgage
- Oct 6, 2021
- 2 min
Buying Next Year? Fix Your Credit Now
Next spring may seem like a long way off, but if you’re buying in 2022, you’ll need to start working on your credit now.
Omega Financial Mortgage
- Sep 23, 2021
- 2 min
Mortgage FAQ: Is Refinancing Different for a VA Loan than a Conventional Loan
"I HAVE A VA LOAN AND I WANT TO REFINANCE TO GET A BETTER INTEREST RATE AND LOWER MY MONTHLY PAYMENTS. IS REFINANCING DIFFERENT FOR A VA...
Omega Financial Mortgage
- Sep 16, 2021
- 2 min
5 Myths About Buying a Home in Today's Hot Real Estate Market
If you’re looking to buy, make sure you know what the conditions are really like. Here are five myths about buying a home in today’s market
Omega Financial Mortgage
- Sep 9, 2021
- 2 min
Frequently Asked Mortgage Questions
Here are the answers to some often-asked questions about mortgages and the mortgage process:
Omega Financial Mortgage
- Aug 18, 2021
- 2 min
Mortgage FAQ: Recourse for a Leaky Roof that the Seller May Have Known About?
"WE MOVED INTO OUR NEW HOME TWO WEEKS AGO. DURING THE FIRST RAINSTORM, WE FOUND THAT THE ROOF HAS A LARGE LEAK. WE THINK THE SELLER MAY...
Omega Financial Mortgage
- Aug 12, 2021
- 3 min
More Than Just a Mortgage: The True Cost of Owning a Home
If you’re purchasing a home, your monthly mortgage payment will likely be your biggest financial consideration. However, that’s far from...
Omega Financial Mortgage
- Aug 4, 2021
- 2 min
What if Your Home Appraisal Comes in Too Low?
With the hot housing market, bidding above asking price has almost become the norm. Unfortunately, this trend has led to problems for...
Omega Financial Mortgage
- Jun 23, 2021
- 2 min
Mortgage FAQ: What Should I Look for During Home Walkthrough?
"THE FINAL WALKTHROUGH ON OUR NEW HOME IS SCHEDULED FOR THIS WEEKEND. SHOULD I BE LOOKING FOR ANYTHING IN PARTICULAR DURING THE...
Omega Financial Mortgage
- Jun 16, 2021
- 2 min
What's the Difference Between a Co-Borrower and a Co-Signer?
When you purchase a home, you’ll have a lot of new terms thrown at you. You may get confused by different terms that mean the same...
Omega Financial Mortgage
- Jun 2, 2021
- 2 min
Summer Buying: 7 Mistakes to Avoid
With a low supply of homes for sale and a rising demand for housing, potential buyers can’t afford to make mistakes in this hot seller’s...
Omega Financial Mortgage
- May 19, 2021
- 2 min
Mortgage FAQ: What Counts as Income When Applying for a Mortgage?
"WHEN I APPLY FOR A MORTGAGE, WHAT WILL COUNT AS INCOME? SOME OF MY INCOME DOESN’T COME FROM MY JOB, BUT RATHER COMES FROM CHILD SUPPORT...
Omega Financial Mortgage
- May 12, 2021
- 2 min
How Opening and Closing Credit Cards Affects Your Credit Score
You’ve probably heard that opening or closing credit cards is something you should avoid because it can affect your credit score. But do...
Omega Financial Mortgage
- May 5, 2021
- 2 min
3 Reasons Why You Should Sell Your Home Now
As we start to slowly emerge from the coronavirus pandemic, we’re seeing a housing market that is hotter than it’s been in quite some...
Omega Financial Mortgage
- Apr 15, 2021
- 2 min
Yes, You Can Have a Smooth and Stress-Free Moving Day
For many people, moving day is one of the most stressful parts of the homebuying process. However, with a little preparation, you can...
Omega Financial Mortgage
- Apr 8, 2021
- 2 min
5 Factors That Affect Your Interest Rate
Five common factors that determine or affect your mortgage interest rate:
Omega Financial Mortgage
- Oct 21, 2020
- 2 min
Mortgage FAQ: Are Home Prices Lower in the Fall than the Summer?
In a “normal” year, statistics do show that home prices sometimes do drop slightly (or remain steady) starting in the month of September
Omega Financial Mortgage
- Oct 14, 2020
- 2 min
Why a Condominium Makes a Great Choice for a First Home
If you—or someone you know—are looking to become a first-time homebuyer, a condominium or townhome may be a great choice for a first home.
Omega Financial Mortgage
- Oct 9, 2020
- 2 min
Refinance Into a Fixed-Rate Mortgage
Now may be a good time to get a fixed-rate loan because you may be able to save money by refinancing and fixed-rate mortgages can give you p