Michael Pendleton

Which Financial Documents Can You Throw Away?

While paper documents are slowly disappearing in favor of electronic files, it can be difficult to figure out what to do with the hard copy records we do have, especially when it comes to our finances.

How much does your credit score affect your mortgage rates?

The drop from excellent to fair credit will cost you $21,000 over the life of a 30-year loan. Learn how to improve your credit score and save on a mortgage.

How to Compare Banks and Credit Unions When Looking for a New Financial Home

Let's say you're moving to a new community and thus need a new home for your banking and checking services, or let's say you're in a situation where you've

6 Tips to Increase Your Home’s Value

Before you tackle another home improvement project or stick a “for sale” sign in your yard, check out this list of smart ways to boost your home’s appeal — especially for the growing number of…

Financing Your Real Estate? Six Reasons to Use a Commercial Mortgage Broker

Financing Your Real Estate? Six Reasons to Use a Commercial Mortgage Broker. Learn why it makes sense to use a broker to source your financing.

Should I go with a mortgage broker or a bank?

When buying a home, what is the difference between a mortgage broker and a bank, plus what are the pros and cons of each one?

When bad hacks happen to good mortgage brokers

What Is A Real Estate Broker?

Real estate brokers can do everything agents can do, and then some.

4 Questions to Ask Your Mortgage Broker

Let your mortgage broker guide you through the process of securing a mortgage. A certified mortgage broker can help you navigate the journey by “giving you unbiased advice to better understand mortgage products and how they affect you.” Ask the following four questions to get the most out of your first meeting.

When to Hire a Mortgage Broker

Let’s say you’re doing some mortgage research on your own—you’ve already talked to a financial planner and ready to take your next step in the home-buying process. Jon wants to know:

What is a Broker Price Opinion (BPO) in Real Estate

What is a BPO? There are many terms in real estate that both home buyers and sellers will hear quite often. One such term is a broker price opinion or BPO for short. What does a broker price opinion mean? The definition of a broker pricing opinion is quite simple. It is an evaluation done by a real estate professional to set the asking price for a home, condominium, land, or another type of real estate. A broker price opinion is a report…

Your Home Loan Journey: Pros and Cons of Mortgage Broker vs. Bank

By Roger Odoardi When it comes to getting approval for a home mortgage loan, borrowers can either work with a mortgage broker or a bank. Either option will take you one step closer to becoming a home...

Should Investors Have a Real Estate Attorney?

Having a real estate lawyer is a wise choice to provide valuable assistance and general advice for anything throughout the fix and flip process that investors may be unclear about, according to a recent report from RealtyTrac<br>According to the report, there are five specific problem areas that investors would benefit from having legal counsel in. These include: creating entity documents, reviewing loan documents, evaluating purchase…

5 things your mortgage broker isn’t telling you

Despite their claims, most mortgage brokers only negotiate with a few lenders on your behalf.

Mortgage Broker vs. Loan Officer: What's the Difference?

Very often, homebuyers do not understand the difference between a mortgage broker and a loan officer. A loan officer works directly for a lender while a broker is an independent party that does not work for anyone. In this way a broker can seek out loans from many different parties.

Mortgage broker or lender? Which is better for you?

You're looking for a home loan, and your options include a direct lender and a mortgage broker. So what's the difference and which is the better option for you?

Why Hire A Mortgage Broker When Planning To Buy A New House

When buying a home, you can choose to face lenders on your own or you can decide to hire a mortgage broker to help with that task. By definition, a mortgage broker is "a professional intermediary who helps borrowers obtain...

Why Work with a Real Estate Broker Who Is a CCIM

Learn about the various benefits of working with a Real Estate Broker who is a CCIM.

What to Look for in a Quality Mortgage Broker or Lender

Before you look for a quality mortgage broker or lender, it's important to know the difference between the two. One arranges a loan, and the other lends.