Blog



You Ask, We Answer: What is a “Reverse Mortgage”?

November 5, 2014

In today’s blog post we’ll explore reverse mortgage loans, explaining how they work and whether or not you’re qualified to receive one.

Have You Had Trouble Getting a Mortgage? Three Tips for Sprucing Up Your Credit Before Reapplying

November 4, 2014

In this post we’ll share three quick tips for sprucing up your personal credit before reapplying for a mortgage. With a bit of luck and hard work you can be on your way to purchasing that new dream home.

What’s Ahead For Mortgage Rates This Week – November 3, 2014

November 3, 2014

Last week’s economic news brought mixed developments as pending home sales moved to their second highest level of 2014. The Federal Open Market Committee (FOMC) announced the expected end of asset purchases under its quantitative easing program.

Buying a Vacation Home? A Quick Guide to Renting Out Your Second Home to Generate Income

October 31, 2014

Are you thinking about buying a second home to spend some time in when you’re on vacation? In this post we’ll share a few tips for getting your property ready to rent to short-term visitors and how to get things started.

Case-Shiller 20 City Home Price Index And FOMC QE Update

October 30, 2014

Home prices rose by 0.20 percent in August. Three of the 20 cities tracked saw home prices drop, while Detroit, Michigan posted the highest price growth. The seasonally adjusted growth rate for cities tracked declined by 0.10 percent as compared to a decline of 0.10 percent in July.

Four Ways You Can Enhance Your Home’s Value Before You List It for Sale

October 29, 2014

In today’s blog post we’ll share four ways that you can spend a bit of time and money upgrading your home before it hits the local real estate market.

Buying a Home? 4 Steps You Can Take to Ensure You Start out with a Low Monthly Mortgage Payment

October 28, 2014

Are you thinking about buying a new house or condo? If so, you’ve likely given some thought to your mortgage and as to how you can pay as little as possible in order to own your new home.

What’s Ahead For Mortgage Rates This Week – October 27, 2014

October 27, 2014

Last week’s economic news included a few developments connected with housing and mortgage industries. While no economic reports were released on Monday, the rest of the week provided good news for existing home sales, home prices and mortgage rates.

Good News! Existing Home Sales Up And FHFA Home Prices Rise

October 24, 2014

After months of reports of slowing home price momentum and forecasts of a lagging housing market, we are pleased to report an increase in volume for existing home sales.

Did You Know: Five Factors That Lenders Won’t Even Consider When Assessing You For a Mortgage

October 23, 2014

In today’s blog post we’ll look at five factors that a lender or mortgage underwriter won’t consider when assessing your suitability for a mortgage loan.

DISCLAIMER: This information is for use by mortgage professionals only and should not be distributed or used by consumers or other third parties. This information is accurate as of the date of posting and is subject to change without notice.

Equal Housing Lender, Mortgage Bankers Association Member, Better Business Bureau Accredited Business In accordance with Section 326 of the USA PATRIOT Act of 2001, First Choice Loan Services is required to obtain a copy of the documents used in identifying our new account customers. This notice is being provided to you for adequate notice given under this act.