What Is Private Mortgage Insurance (PMI)?

When it comes to buying a home, whether it is your first time or your fifth, it is always important to know all the facts. With the large number of mortgage programs available that allow buyers to purchase homes with down payments below 20%, you can never have too much information about Private Mortgage Insurance (PMI). What […]

Credit Can Be Your Best Friend or Your Worst Nightmare

For those that are new to the credit world, understanding how to manage your credit is imperative.  I would like to thank Sal Bonanno from National Account Manager | First Premier Credit Repair for his article: Bad credit keep people from buying a home, financing your education, and even from getting a job. This is why it’s […]

Tax Return Depressing? Owning a Home Could Help

Tax time is here and either your tax return was not as large as you had hoped or, in some cases, you were told that you owed additional money to either the Federal or State government or both. One way to save on taxes is to own your own home.  (Learn more from your Tax Advisor.) According to […]

Step-by-Step Guide to Freezing your Credit Reports

With Equifax’s announcement of its catastrophic security breach, now would be a really good time to consider freezing your credit, if you haven’t already. Credit freezes are one of the most effective ways for consumers to protect themselves against identity theft — and this goes for anyone at any time — regardless of whether you […]

There’s More to a Bubble Than Rising Home Prices

What truly causes a housing bubble and the inevitable crash? For the best explanation, let’s go to a person who correctly called the last housing bubble – a year before it happened. “A bubble requires both overvaluation based on fundamentals and speculation. It is natural to focus on an asset’s fundamental value, but the real key […]

Why Is There So Much Paperwork to Sign to Get a Mortgage?

We are often asked why there is so much paperwork mandated by the bank for a mortgage loan application when buying a home today. It seems that the bank needs to know everything about us and requires three separate sources to validate each and every entry on the application form. Many buyers are being told by friends and […]

Thinking About Buying? Know Your Credit Score

Knowing your credit score or getting a recent copy of your credit report is one of the first steps that you can take toward knowing how ready you are to start the home buying process. Make sure all the information listed on your report is accurate and work to correct any mistakes. The higher your […]

How Long Will The Negatives Haunt Me?

Everyone’s human; we’ve all made mistakes over time. Some errors may cost more than others. For example, if you switch a letter around in an email address, your email will not be delivered with little to no impact on you.  However, some errors, like a speeding ticket on your record, can cost you more than […]

Owning a Home Makes Sense

  The American Dream of homeownership is alive and well. Recent reports show that the US homeownership rate has rebounded from recent lows and is headed in the right direction. The personal reasons to own differ for each buyer, but there are many basic similarities. Today we want to talk about the top 5 financial reasons you should own […]

Why Is There So Much Paperwork to Sign to Get a Mortgage?

We are often asked why there is so much paperwork mandated by the lenders for a mortgage loan application when buying a home today. It seems that the lender needs to know everything about the borrower and requires separate sources to validate each and every entry on the application form. Many buyers are being told by friends and family that the […]

AmeriFirst Financial, Inc., 1550 E. McKellips Road, Suite 117, Mesa, AZ  85203 (NMLS # 145368). 1-877-276-1974. Copyright 2018. All Rights Reserved. This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates, and programs are subject to change without prior notice. All products are subject to credit and property approval. Not all products are available in all states or for all loan amounts. Other restrictions and limitations apply. Click Here for Licensing Information. The services provided by Karen Jones are not a condition, nor do they create any obligation for any form of remuneration for any real estate settlement service related to any referral.

 

 

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