The Mortgage Brothers Show

Up to date news, tips, and advice, so you can make real estate decisions with confidence.

5 Ways to increase how much you can borrow

12-08-2021About MortgagesEddie Knoell

In this post, we cover five ways you can increase how much you can borrow. Prices are high right now, so this is especially helpful for these days. Essentially, what we’re talking about is Debt-to-Income ratio (DTI) and how to lower that to your advantage. The lower your DTI the more mortgage debt you can take on. Now, in some ways, this is sort of the opposite of financial planning since we’re telling you how to take on more debt. We really only suggest doing this if, for example, you’re looking to do something like qualify for a home purchase.


How Does a Mortgage APR Work and What Does It Mean?

11-16-2021About MortgagesEddie Knoell

In this post we explore the difference between APR and Interest rates and how it might affect you as a borrower?


New 2022 Conventional loan limits are now $647,200 – Now available!

10-29-2021About MortgagesEddie Knoell
Today we’ve got an important announcement. So, we just want to get right to it. Conforming loan limits just went up! They’re now at… drumroll… $647,200!READ MORE

How Should You Hold Title? Community Property, Joint Tenancy, Tenants in Common, etc. What Does it All Mean?

10-12-2021About MortgagesEddie Knoell

In this post, we’re talking about what it means to hold title on a property and some different ways you might hold it. If you want to dig really deep into this, we suggest checking with legal counsel. We’re simply mortgage experts trying to answer some questions. It’s not an exhaustive list, but let’s dig into some common questions and scenarios.


Have You Inherited A Home? What You Need To Know Before You Can Sell or Refinance?

09-26-2021About MortgagesEddie Knoell

In this post, we’re going to be discussing what to do if you inherit a home. The calls we get about this are often a bit somber. We’re sorry for your loss and we hope this post can serve as a jumping off point to help get you through this difficult time. Upfront, we’re not attorneys, so if you have more complicated questions about taxes owed and the like you should start by giving an attorney a call. This is meant to be a brief overview. It’s not comprehensive. If you have more questions about any of what is discussed give us a call at 602-535-2171. We’d be happy to help. In the meantime, let’s go through a few different scenarios.


Cashout Refinance VS HELOC

09-21-2021About MortgagesEddie Knoell

In this post, we’re going to answer the question of whether you should go with a cash-out refinance or a HELOC (a Home Equity Line of Credit). It really comes down to one word: circumstances. The circumstances really impact what the right option is. So, let’s look at a couple of scenarios.


What If My Spouse Dies and I’m Not On The Mortgage?

09-14-2021About MortgagesEddie Knoell

In this post, we’re going to touch upon unfortunate circumstances: death. The death of a loved one is incredibly hard to go through. We hope that we can, at the very least, make navigating these tragic circumstances a little bit easier. We’re going to be discussing what to do if, when your spouse has died, you might be wondering what to do with the mortgage if you’re not on the loan.


Who CAN and CANNOT Be On Title When you Get A Mortgage?

09-07-2021About MortgagesEddie Knoell

In this post, we’re going to be answering the question: who can you add on a title when you’re getting a mortgage? You might be surprised how many times, when you’re in the middle of a mortgage, this question comes up.


5 Important Things To Know Before Choosing A Lender

08-21-2021About MortgagesEddie Knoell

In this post, we’re going to be covering the top five things you need to know before you start choosing a lender. We hope that this helps you find the perfect lender to help you buy the home of your dreams.


FHA Loans and What you Need to Know

08-20-2021About MortgagesEddie Knoell

In this post, we’re going over FHA loans and answering some of the most common questions we get asked about them.