Jonathan V. Reece - Geneva Financial

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Jonathan Reece February 22, 2018

3 Great Homebuying Tools Millenials Have Available to Them Right Now

The economy seems to be heating up rapidly, but home loan interest rates are still at historically low levels. Real estate values have climbed a bit across the country, but low interest rates and affordable prices makes for an excellent opportunity for new homeowners to get into their first home before it rates and prices rise higher. According to the recent studies, there were 4 consecutive quarters of homeownership growth where new homeowners outpaced new renters.  The solid economic … [Read more...]

Filed Under: Mortgage Tagged With: Home Ownership, Millennials, Mortgage

Jonathan Reece February 22, 2018

3 Tips To Consider When Buying A Home With An FHA Mortgage

FHA loans are becoming increasingly popular these days as potential homeowners may not able to qualify as easily for conventional mortgages. The FHA insures some higher-risk loans, in turn allowing borrowers with low down payments and less than perfect credit to purchase homes and bolster the housing market. However, while getting through the loan process with an FHA mortgage loan is not necessarily more difficult than with a conventional or conforming loan, there are some issues that you will … [Read more...]

Filed Under: Mortgage Tagged With: FHA Loans, Mortgages

Jonathan Reece February 21, 2018

Questions and Answers Regarding Escrow Accounts

Whether you are purchasing a new home or you are considering applying to refinance your home, chances are the lender will require an escrow account. These accounts are often a source of confusion for homeowners. In reality, these accounts benefit the homeowner and help protect the lender. What is an escrow account? Escrow accounts are sometimes called "impound" accounts. These accounts are set up to help manage payments of property taxes and homeowner's insurance. Depending on the individual … [Read more...]

Filed Under: Mortgage Tagged With: Escrow, Impound, Mortgage

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Equal Housing Lender
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April 2018
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2141 E Broadway Rd Suite 220
Tempe, AZ 85282

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