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How a VA Loan Works: A Comprehensive Guide

How a VA Loan Works: A Comprehensive Guide

A VA loan is a mortgage option available to veterans, active service members, and some military spouses, backed by the U.S. Department of Veterans Affairs (VA). It offers several key benefits, such as no down payment, no private mortgage insurance (PMI),

Nov 13, 2024 | Mortgage FAQ Jhenesis Mortgage VA Loans Mortgage Broker

Preparing for Your First Mortgage Payment: Key Details to Know

Preparing for Your First Mortgage Payment: Key Details to Know

Congratulations on becoming a homeowner! After the excitement of closing on your new home, it’s time to prepare for the financial responsibilities that come with it. The first mortgage payment is a key step in this journey, and understanding it thor

Nov 12, 2024 | Purchasing a Home Mortgage FAQ Jhenesis Mortgage

Stocks, Dollar, and Bitcoin Rise as Trump Wins Second Term: Implications for Real Estate Sales and Financing

Stocks, Dollar, and Bitcoin Rise as Trump Wins Second Term: Implications for Real Estate Sales and Financing

In a stunning development, Donald Trump has secured a second term as U.S. President, with financial markets responding decisively. Stock indices, the U.S. dollar, and Bitcoin have all seen upward momentum in the aftermath. Investors are keenly watching wh

Nov 06, 2024 | Real Estate Investing Real Estate Lending Trends Mortgage FAQ Jhenesis Mortgage

Is FHA Streamline Refinance Right for You?

Is FHA Streamline Refinance Right for You?

Are you currently paying a higher interest rate on your FHA loan? The FHA Streamline Refinance might be the right tool to help you save on monthly payments and potentially simplify your mortgage. Let's dive into the details of this option to help you deci

Nov 05, 2024 | Refinancing a Home Mortgage FAQ Jhenesis Mortgage

2025 Mortgage Credit Scoring Overhaul: From FICO Classic to FICO 10T & VantageScore 4.0

2025 Mortgage Credit Scoring Overhaul: From FICO Classic to FICO 10T & VantageScore 4.0

Big Changes Coming in 2025 to Mortgage Credit Scoring Models: From FICO Classic to FICO 10T and VantageScore 4.0 As we approach 2025, significant updates in credit scoring models will impact mortgage applicants and lenders alike. For nearly 24 years, the

Nov 01, 2024 | Real Estate Lending Trends CreditScore FICO10T VantageScore4 Jhenesis Properties CreditScoreChanges Mortgage FAQ

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