Sharon Kline (nmls 1633338 | lic MD, VA)
NMLS # 1633338
Office:
Cell: 703-615-1313
Fax:
Sharon Kline (nmls 1633338 | lic MD, VA)
NMLS # 1633338
Office:
Cell: 703-615-1313
Fax:
If you have a fixed-rate home mortgage, you pay the exact same amount each month. But did you know that the amount of principal you pay toward the balance of your loan changes from month to month? This is called amortization and it is a method of distribu
May 08, 2019 | credit interest rates
Your credit score is an essential factor in determining much about any mortgage loan you receive. A credit score is a measure of your trustworthiness as a borrower. It pays to know as much about your credit score as possible before applying for home loan
May 01, 2019 | credit
While it is possible to get into homeownership with little upfront investment, there can be many benefits to building up equity in a property. Mortgage equity is the value of the homeowner’s stake in a home. It is basically how much the home is wort
Apr 24, 2019 | Home Equity
When you are ready to apply for a mortgage loan, your lender will ask you for all sorts of financial information. One of the things lenders do with this data is to calculate your debt-to-income (DTI) ratio. A DTI ratio is one of the most basic methods len
Apr 17, 2019 | credit Fixed Rate Mortgages Conventional Loans preapproval
One of the biggest obstacles to homeownership is coming up with enough cash for a down payment. When your own savings are not adding up quickly enough and you don’t have a rich uncle to tap for an early inheritance, you may find some help in a down
Apr 10, 2019 | Purchasing a Home First-time Homebuyers
If you are familiar with adjustable-rate mortgages (ARMs), you have probably heard of the 5/1 ARM or even the 10/1 or 1/1 ARM. There is a newer ARM loan available that is growing in popularity: the 5/5. Here’s everything you need to know about this
Apr 03, 2019 | Adjustable Rate Mortgages