Reverse Mortgage vs Traditional Mortgages

happy grand parents

Professional Mortgage Solutions in Rego Park, NY is here to help break down the difference between traditional mortgages and reverse mortgages in this week’s blog post. If you are an older homeowner, and you are considering lending against your current home to purchase another property, then this week’s blog is just for you. This topic… [Read More]

Investor Bank Statement Loans

Business deal

If you are interested in growing your assets through buying and selling homes, then you will need to prepare a lot of financial documentation to secure mortgages. The team at Professional Mortgage Solutions is here to help all types of buyers close home sales quickly. Investors that fix and flip homes love bank statement loans… [Read More]

Should You Consider Consolidating Debt?

Professional Mortgage Solutions in Rego Park, NY works with long-term customers to build and establish their financial goals through homeownership. In today’s post, we are here to walk you through the process of debt consolidation. If you can consolidate your debt, you may be able to get lower interest rates and better loan terms. Read… [Read More]

How to Refinance Your Mortgage and When to do It

house with black shutters

Professional Mortgage Solutions has helped many families in Rego Park, NY refinance their mortgage. We welcome you to reach out and discuss the best time to refinance your home loan. Professional Mortgage Solutions also offers a free refinance tool on our website. Today we are here to discuss when to refinance a mortgage. The answer… [Read More]

Building Credit for a Mortgage

Young Man Worries About Debt and Money

If buying a home is on the horizon, it’s never too soon to start building credit for a mortgage. The better your credit score – and your overall financial health – the better interest rates and terms you can secure. Long term, that could translate into thousands of dollars of savings. Building credit takes time,… [Read More]

Saving for a Down Payment

Four bedroom home Forest Hills NY

If you’re interested in buying a home, one of the first ways you’ll need to prepare is to start saving for a down payment. Down payment requirements vary greatly among different types of mortgages, but as a general rule, the higher the down payment you can supply, the better. The team at Professional Mortgage Solutions… [Read More]

Common Mortgage Myths Debunked

4 bedroon home in Glendale NY

At Professional Mortgage Solutions, we believe that educating our clients is key for our mutual long-term success. There is a lot of misinformation about home loans that can create confusion for would-be homeowners, especially those who are purchasing their first homes. In this week’s blog, we would like to dispel some common mortgage myths in… [Read More]

The Basics of Reverse Mortgages

5 bedroom home in Rego Park NY

Welcome to the home financing blog from Professional Mortgage Solutions, Inc. This week, we’ll be discussing a commonly misunderstood type of financing: reverse mortgage. Reverse mortgages allow qualifying seniors to trade in home equity for cash, all while continuing to live in their homes, rent free. Read on to learn more about the basics of… [Read More]

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