Recent Blog Posts by Jorge Branca

What do you know about Reverse Mortgages??

Reverse mortgages enable seniors who own their homes to tap into the home equity. These homeowners can generally access between 20 and 30% of the equity in their homes while continuing to live there. The money can be used for day-to-day expenses, home repairs, in-house care, or any other needs. In most programs, the loan and accumulated interest is not repaid until the house is sold or the homeowners ...

THE ADVANTAGE OF GETTING PRE-APPROVED

One of the best things you can do to ensure you get the home you want is to arrange for financing before you go shopping. This is often referred to as getting “pre-approved”. Getting pre-approved simply means that your lender has calculated how much of a mortgage they’re willing to offer you, depending on your down payment and current financial situation. In most of the cases, ...