Buying a house is a significant milestone, but for many, it’s also one of the biggest financial challenges. With rising home prices, inflation, and other expenses, saving up for a down payment can feel like an overwhelming task. Here’s 8 ways to get started.
Karina Melkumyan Joins Mortgage Equity Partners
Mortgage Equity Partners Welcomes Karina Melkumyan as Underwriting Manager Lynnfield, MA – December 2, 2024 – Mortgage Equity Partners, the largest independent mortgage bank headquartered in Massachusetts, proudly announces the addition of Karina Melkumyan as its new Underwriting Manager. With a distinguished career spanning over two decades in mortgage underwriting, financial services, and operational leadership, …
Why a local lender is better than a mortgage broker
While both a local lender and mortgage broker can help you secure financing for your home, there are distinct advantages to choosing a local lender.
Thanksgiving and homeownership
Owning a home is an evolving process. From the moment you step through the front door, you invest time, energy, and resources into maintaining and improving it.
Guide to Debt-to-Income (DTI) ratio
DTI is an important number used to qualify you for a mortgage. Different loan programs have different requirements, knowing your DTI early can help you qualify.
Jumbo loans explained
We’ll go over everything you could want to know about jumbo loans and whether they might be the right choice for your homebuying journey.