MBA reports that the 30-yr fixed rate mortgage remained unchanged at an average of 4.77% last week with 0.40% Points paid on average. Morgan Financial year to date is averaging 12.46 days from signed application to clear to close on all VA loans. So bring us your VA loans to be closed in august Click below to learn about our Best deal Guarantee! See you next week.

We are so grateful when our customers take the time to share the experience they had with us at Morgan Financial. Thank you to the Browns for their kind and generous words. We hope you enjoy your new home!

If you are reading about qualifying for a mortgage online, or speaking with someone in the real estate or mortgage profession, you may hear the term Debt to income ratio. This is a typically reviewed by a lender as one of the means to see if you can repay your loan.  If you add up all of your monthly debt obligations (these could include minimum credit card payments, student loans, car/truck payments, and basically anything monthly reoccurring payment that would show up on a credit report), and divide that by the amount of gross monthly, document-able income, you will get your debt to income ratio.

Habitat for Humanity of Brevard County, Inc.(HFHBC) is a 501(c)(3) nonprofit that has been “helping families have a successful future by providing affordable housing to hard-working, local families and individuals” (Home , n.d.). In 2017-2018, they will build 7 homes for 7 Brevard County families who cannot qualify for a conventional mortgage. “Habitat for Humanity [...]

Getting the best mortgage deal doesn’t happen by just calling up a few banks and lenders – there are a great number of factors that can affect your interest rate. If you want to get the best mortgage deal possible and save the most money, you should check out some of these tips to lower your rate and become a more qualified buyer: