What Is A Short Sale Mortgage? What Is A Short Sale? A short sale occurs when a homeowner decides to sell their home for less than the amount they owe the mortgage company, meaning not all of the liens or debts associated with the property have… Read Full Article Share FacebookTwitterLinkedIn
Blue Water Welcomes New Team Members: Ryan Burns & Nick Doucette Blue Water Mortgage Corporation, an independent mortgage broker serving New Hampshire, Maine, Massachusetts, Connecticut, Vermont, Rhode Island, Florida, North Carolina, Colorado, Texas, Georgia, and South Carolina is pleased two welcome to new team members, Ryan Burns and Nick Doucette. One… Read Full Article Share FacebookTwitterLinkedIn
What Are Mortgage Points & How Do They Work? [With Advanced Tips!] There’s a lot that goes into buying a home and securing a mortgage, including looking into interest rates and determining down payments. Along the way, you may have heard of something called mortgage points — but what are they, and… Read Full Article Share FacebookTwitterLinkedIn
Blue Water’s Response to COVID-19: We Are Here For You There has been a lot of uncertainty during the COVID-19 global pandemic, but we want to reassure you about one thing: Blue Water Mortgage is available and ready to help. People are still buying and selling homes, and we’re here… Read Full Article Share FacebookTwitterLinkedIn
Using a Home Equity Loan for Debt Consolidation: Pros & Cons In 2023, household and personal debt rose to a 20-year high — collectively, American consumers are saddled with $17.29 trillion in debts as of Q3. Non-mortgage obligations account for $4.8 trillion of that total, with credit card balances, auto loans… Read Full Article Share FacebookTwitterLinkedIn
The 2024 Conventional Mortgage Guide: Limits, Requirements & Alternatives What is a Conventional Mortgage? A conventional mortgage is a private-sector loan that isn’t backed by the government (unlike, say, an FHA or VA loan) and that follows the guidelines set by Fannie Mae and Freddie Mac. To those unfamiliar,… Read Full Article Share FacebookTwitterLinkedIn