Several expert sources report a consistent drop in mortgage rates recently. The COVID-19 pandemic has been a record-breaking year for real estate, despite fears, rates remain low. Many people are getting refinanced to take advantage. Professional Mortgage Solutions in Rego Park, NY reports on how mortgage rates continue to remain low during the 2020 COVID-19… [Read More]
Refinancing Your Home During COVID-19
As the government make changes on mortgage relief and moratoriums during COVID-19, we expect to see an increase in mortgage refinancing during the last quarter of 2020. Many borrowers hope to draw cash out of their home to cover debt. Others simply want to find a way to pay better rates or lower monthly costs…. [Read More]
Home Buyers Checklist: COVID-19 Considerations
Many people are seeking to buy a home during the COVID-19 pandemic. Some wish to relocate since they now work remote and want to try a new area or find a larger house. Others see falling home prices and want to invest. The economy is certainly in a state of flux, so it is important… [Read More]
Saving for a Down Payment
Finding a new home and saving for a down payment is no small task, talk to the professionals at Professional Mortgage Solutions in Rego park, NY for advice to get started. Buying and owning a home requires budgeting skills from the start. Many can save on loan rates if you are able to provide a… [Read More]
Using Investment Property Investment Loans in COVID-19
Real estate investment can be very lucrative, many are wondering if recent changes to the market will help them take advantage. Many buyers have non-traditional sources of income and will not qualify for a traditional mortgage program, investment loans are a good solution. Streamlined investment property lenders close deal quickly and make documentation easy. During… [Read More]
Selling A Home During the COVID-19 Pandemic
People are wondering if it is the best time to sell a home during COVID-19. This unprecedented year may be a good time to take advantage of opportunities to market homes to people looking to relocate. Others may want to sell for financial reasons. With falling home prices, some are concerned about getting a good… [Read More]
Applying for Rate and Term Refinancing of Your Mortgage
COVID-19 is seeing many people with home mortgages face changing life circumstances. There have been some efforts by the government for mortgage relief. Never forget: Refinancing may always be an option! Discuss your needs with our team at Professional Mortgage Solutions in Rego Park, NY and we will help you understand refinancing rate and term. Impacts… [Read More]
Applying for a Mortgage in COVID-19
Are you looking to take advantage of some newly falling home prices in COVID-19? Are you wondering whether the process and chances of approving a mortgage have changed? Things certainly have changed, but you can still get some great mortgage rates during COVID-19. Professional Mortgage Solutions in Rego Park, NY is here to help you… [Read More]
Should I Buy a House During the COVID-19 Pandemic?
Despite the economic uncertainty of the pandemic, some are considering buying a house as prices drop around New York neighborhoods. Is this the right time to advantage of buying a home? Do you wonder if you will get financed or if home prices will fall even farther? Professional Mortgage Solutions in Rego Park, NY is… [Read More]
Understanding Closing Costs
With the current coronavirus pandemic, many home buyers and homeowners are taking advantage of falling mortgage rates. Whether you are buying a new home or refinancing a current one—be sure you get a good deal on any fees and closing costs associated. This week, Professional Mortgage Solutions in Rego Park, NY is here to help… [Read More]
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