07Sep2014
Waiting Periods for Derogatory Credit Thumbnail

Waiting Periods for Derogatory Credit

  Buyers and Agents, this is critical information for you to have when entering into the home buying process! While the mortgage market has become more strict when it comes to documentation and paperwork, there does come a time when guidelines allow people to buy homes even though unfortunate credit blows have taken place in the past. If you're one of those buyers who is guilty of thin

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19Jun2014
You Won’t Believe The Latest Housing SCAM! *Must Read* Thumbnail

You Won’t Believe The Latest Housing SCAM! *Must Read*

You Won't Believe The Latest Housing SCAM! * This is a Must Read* We just got an alert from John Greene Realtor this morning, 6/19/14, that a local real estate listing in Naperville, Illinois has been hijacked by a Craigslist scammer. The authorities have been notified, but in light of this recent incident right in our own backyard, we wanted to share all of the details with our readers so yo

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16Jun2014
Want to Invest in a Townhome or Condo? Read here! Thumbnail

Want to Invest in a Townhome or Condo? Read here!

Anytime you're purchasing  property for the purpose of renting it out, you are considered an investor. Investors are subject to different guidelines than borrowers purchasing a primary residence. What's more: townhouses and condos present even more specific guideline factors when getting a mortgage. Here are some of the most important things to keep in mind: An investor needs to put do

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06Jun2014
What to Expect When Getting a Mortgage Thumbnail

What to Expect When Getting a Mortgage

What to Expect When Getting a Mortgage: The Breakdown of the Mortgage Process for a Buyer   So you’ve decided you want to buy a home. Congratulations! What’s next!?Approved before allowing you to place an offer on a home. This simply means that you are actually qualified to purchase the home with a mortgage and that the seller is not wasting their time accepting your offer. The pre-appro

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05Jun2014
HOW TO Buy a Short Sale Home Thumbnail

HOW TO Buy a Short Sale Home

The process  of buying a short sale begins like other offers you put  for any other home that you want to buy. When you make an offer on a short sale that the seller accepts, it is sent to the lien holder or the bank that holds the sellers mortgage. If there is more than one mortgage on the property currently, then the offer is sent to the primary lien holder and they need to approve the o

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23May2014
The VA Mortgage – A Great Solution After Foreclosure Thumbnail

The VA Mortgage – A Great Solution After Foreclosure

The VA MORTGAGE is a great solution after a foreclosure. Happy Memorial Day Weekend! We hope you are all celebrating with barbecues and outdoor activities - but remember to take a moment and show appreciation for all our veterans out there who have worked so diligently to grant us our freedom! VA mortgages are a great mortgage product that is available to all our Veterans and buyers who have

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22May2014
DIRECTIONS To Our Movement Mortgage Office (Naperville) Thumbnail

DIRECTIONS To Our Movement Mortgage Office (Naperville)

  Hello everyone, We've had a great start at Movement Mortgage, and are happy to be wrapping our first month at the new company. We know many of you are wondering where are located now, so below is a MAP showing the area of our new office! You can find us at 1952 McDowell Rd, Suite 201 in Naperville, IL 60563. We are on the second floor of the Three-Story glass Dynacom building. We h

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02May2014
The Raheja Team Joins MOVEMENT MORTGAGE! Thumbnail

The Raheja Team Joins MOVEMENT MORTGAGE!

The Raheja Team Joins MOVEMENT MORTGAGE! Well, It's finally time for our BIG announcement! We are very excited to be joining Movement Mortgage in Naperville! Our phone number will remain the same and you can email us at ridhi . raheja @ movementmortgage .com. Our turn times from pre-approval to closings will be much faster, and we'll have even more technology at our fingertips to offe

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23Apr2014
WHAT IS THE DIFFERENCE  BETWEEN  MORTGAGE RATE AND MORTGAGE APR? Thumbnail

WHAT IS THE DIFFERENCE BETWEEN MORTGAGE RATE AND MORTGAGE APR?

WHAT IS THE DIFFERENCE BETWEEN MORTGAGE RATE AND MORTGAGE APR?   Most financial advisors and public information sites tell  buyers to use APR to compare the costs of mortgages when shopping between different lenders. In fact in my opinion shopping with APR can make you choose a more expensive mortgage and a mortgage that is not the best fit for your financial needs. Let us understand wh

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31Mar2014
Renovation Loans for Investors Thumbnail

Renovation Loans for Investors

Renovation Loans for Investors Lots of borrowers and agents reach out to me with questions about renovation loans. Here are some of my notes for an investor looking to purchase a home and complete renovations. Since you are an investor, the first thing for us to do is to make sure you have all the funds in your name. When you are doing an investor loan, renovation or otherwise, all the fund

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