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Mortgage FAQ: How to Make Sure You're Not Buying a Money Pit
"I’VE FOUND A BEAUTIFUL OLD HOME THAT I’D LIKE TO BUY, BUT I’M AFRAID THAT IT WILL HAVE REPAIR ISSUES IN THE FUTURE. I’M GETTING AN...
omegafinancialinco
2 min read


Mortgage FAQ: How Do I Repair Credit After Identity Theft?
"I WAS A VICTIM OF IDENTITY THEFT AND I’M IN THE PROCESS OF REPAIRING ALL OF THE DAMAGE (CLOSING FRAUDULENT ACCOUNTS, REMOVING BOGUS...
omegafinancialinco
2 min read


Mortgage FAQ: What is Homebuilder Confidence?
"I’VE HEARD COMMENTATORS ON TV TALKING ABOUT ‘HOMEBUILDER CONFIDENCE’ RECENTLY. WHAT IS HOMEBUILDER CONFIDENCE AND WHY WOULD IT BE...
omegafinancialinco
1 min read


Options for Paying—or Not Paying—Your Closing Costs
Many borrowers have long viewed closing costs as a sort of necessary evil of getting a loan. For them, settlement day means writing a big...
omegafinancialinco
2 min read


Mortgage FAQ: Should I Make Upgrades to my Home Before I Put it on the Market?
"I’M TRYING TO DECIDE IF I SHOULD MAKE UPGRADES TO MY HOME BEFORE I PUT IT ON THE MARKET. ARE THERE ANY GUIDELINES TO WHETHER OR NOT IT’S...
omegafinancialinco
2 min read


Being a Home Seller In Today's Housing Market
Much like being a buyer in today’s housing market, being a seller nowadays is different than it was just a few years ago. While market...
omegafinancialinco
2 min read


Thinking of Buying? Don't Let the Down Payment Get in Your Way
“I’d love to buy a home, but I just can’t afford it.” Sound familiar? This is a common refrain from people who want to buy a home, but...
omegafinancialinco
2 min read


FAQ: How Do 401K Contributions Affect Mortgage Approval?
“We were just pre-approved on a loan and we’ve been very vigilant with our credit, but I need to make changes to my 401k contribution. Is...
omegafinancialinco
2 min read


Resolve to Get Your Personal Finances Under Control
Whether you’re buying a new home this year or refinancing your current mortgage—or simply looking to reducing your debt—getting a handle...
omegafinancialinco
2 min read


FAQ: Correct Closing Costs
"When I close on my home, how do I know if all of the fees that I’m being charged are correct? And do all lenders have the same types of...
omegafinancialinco
2 min read


Four Things We Learned in 2013 in the Real Estate and Mortgage Markets
Many expectations were exceeded in 2013 and we learned several lessons as the year went on: Interest rates can changed very quickly. From...
omegafinancialinco
2 min read


Paying Points on Your New Mortgage
By paying points on your mortgage, you are paying money up front to get a lower interest rate on your loan. Each point is equal to one...
omegafinancialinco
2 min read


What to Really Look for When You're Shopping for a Home
If you’re planning on shopping for a home, you probably already know the basics in terms of what to look for: curb appeal, proximity to...
omegafinancialinco
2 min read


When I should refinance?
It is often said that you should refinance when mortgage rates are 2% lower than the rate you currently have on your loan. Refinancing...
omegafinancialinco
1 min read
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