Although closing delays are sometimes unavoidable, you—as a buyer—can take steps to help ensure that you have the quickest possible...

"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...

"I WAS A VICTIM OF IDENTITY THEFT AND I’M IN THE PROCESS OF REPAIRING ALL OF THE DAMAGE (CLOSING FRAUDULENT ACCOUNTS, REMOVING BOGUS...

In a way, 2015 was a Jekyll-and-Hyde year. While many aspects of real estate and mortgage were steady, others experienced several big...

Here are a few common questions that loan providers are getting about the new loan documents and TRID rules: Will these changes affect...

"I WENT THROUGH A BANKRUPTCY SIX YEARS AGO. I’VE BEEN WORKING HARD TO IMPROVE MY CREDIT SINCE THEN, BUT WILL IT BE DIFFICULT FOR ME TO...

Although your total settlement charges will vary depending upon the loan you’re getting, your interest rate and other factors, the fees...

You may be hesitant to refinance because you don’t think you’ll qualify or you believe the process is too complex. In reality, however,...

For more than 25 years, Omega Financial has been serving mortgage clients in Massachusetts. Our brokers have approximately 50 years in...

Buying a home and getting a new mortgage can be daunting, but if you follow a few guidelines, you’ll be more likely to have a smooth...

"I’VE HEARD COMMENTATORS ON TV TALKING ABOUT ‘HOMEBUILDER CONFIDENCE’ RECENTLY. WHAT IS HOMEBUILDER CONFIDENCE AND WHY WOULD IT BE...

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...

A typical buyer is usually concerned with three costs: selling price, monthly mortgage payment and interest rate. Although all three are...

"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...

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...

If you haven’t bought a home in several years and you’re thinking the time is right to buy—but haven’t paid attention to the housing...

"THE LAST TIME I SOLD A HOME—IN 2010—IT TOOK A LONG TIME TO SELL. THIS SUMMER, I’M MOVING AGAIN. IS MY HOME GOING TO SIT ON THE MARKET...

“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...

With interest rates still low and prices starting to rise again, some homeowners are deciding to buy now—but not sell their current...

Application Checklist Below is a list of documents that are required when you apply for a mortgage. However, every situation is unique...