mortgage Archives - Catalyst Mortgage

Divorce Mortgage – how to remove a coborrower during a divorce or separation When going through a separation or divorce, if a mortgage exists with both parties as borrowers, the mortgage must be refinanced to remove one of the parties. A refinance is done to remove one borrower from future financial obligation. To remove an…

Wilmington, Delaware First Time Home Buyer Mortgage In a competitive market, it’s important for home buyers to have a great support team. Recently, a past client referred a coworker to me to help them buy a first home. We set up a meeting to discuss their goals, finances, and what the right mortgage and…

Recently John Meussner and team were fortunate enough to help a lucky buyer pick up a new home in Battle Mountain, NV. Using FHA financing, the home buyer was able to get into a new (to him) home with total out of pocket money equaling just 3.5% of the purchase price. This means that for…

Our team, as of today, is licensed to assist home buyers and home owners with mortgage needs in Washington DC. Washington DC mortgage needs are specific to an area, and previously we were only able to assist outside of the district for those folks settling in Maryland or Virginia, however we can now continue to…

Our 2023 Mortgage Forecast & Housing Outlook Happy 2023! We hope this data, forecast, and our opinions are helpful in guiding you or your clients to a successful year in real estate! We believe it’s a great time to buy a home, and that in 2023 we’ll begin to see many of the challenges 2022…

As Q3 winds down for 2022, I wanted to provide some insights into where the housing and mortgage markets are, and what’s likely to occur going forward. If Q2 was to be summed up with one word, it would likely be volatility. We witnessed 2 aggressive Fed rate hikes, with opposite market reactions each time. Interest…

Do we know each other? Do you know about my company, Mason McDuffie Mortgage? You should! No, really. I know, I know – every loan officer wants you to know them and their company and they’ll all tell you they’re the best. Best service, best rates, best bagels, blah blah blah. You’ll see mortgage CEO’s talking about…

The Future Income Mortgage Many people think mortgage qualifying involves evidence of current income to the tune of W2 forms and paystubs. While this is true in many cases (along with tax returns and verifications of employment), there are several other ways to qualify for mortgages. In recent months, alternative income methods have made a…