As a mortgage broker, we've heard it all when it comes to mortgage misconceptions. From outdated assumptions to outright myths, these misconceptions can prevent potential homeowners from taking the first step towards fulfilling their dream of homeownership. That's why we…
If you’ve built equity in your home, you might consider using it. A home equity line of credit offers easy access to your equity with flexible payments. You can use the cash immediately for a financial emergency or have the…
You might consider FHA loans if you don’t have perfect credit or need flexible underwriting requirements. This loan program offers more flexible guidelines, including allowing credit scores as low as 580. Lenders can offer more flexible guidelines with FHA loans…
We are beyond excited and humbled to announce that Philadelphia Magazine's Top Mortgage Professionals™ for 2023 has selected our very own Yury Shraybman at Innovative Mortgage Brokers! This prestigious award recognizes the top mortgage professionals in the Philadelphia area who…
Credit card usage increased by 15% in the third quarter of 2022 versus the same time the previous year. With costs up and income down, it’s no wonder many people rely on credit cards regularly. But does having credit card…
You sign your mortgage disclosures and budget carefully for the mortgage payment stated on them. You’d think that’s your payment for the next 30 years, but suddenly, your mortgage payment has increased. What’s the deal? It’s true, your mortgage payment…
When you’re thinking about buying a home, you’ll most likely will need financing. Understanding how the mortgage process works and what you must do to get approved can make the home-buying process much less stressful. Here’s how the mortgage process…
Your home is an investment, but it might not feel that way when you write your monthly mortgage payment. However, every time you make a payment, you gain more equity in your home. This means you pay your mortgage balance…
It happens all the time. You get a mortgage approval, only to find out a few weeks later, you lost it. What gives? How could you lose approval after the underwriter provided it? It’s more common than you think, but…
The real estate market has been a sellers’ market for the last few years, but the tide is changing, and in some areas the buyers now have the upper hand. Because of this, you may see more occurrences of seller…
