Posts by Ahmad Azizi, Branch Manager at Option Funding, Inc.
10 Common Mortgage Myths and How to Identify Them
Mortgage myths can make the home-buying process confusing — especially for those who are going through it for the first time. What should you look for in a mortgage? How do you know if you have a good interest rate? How much down payment do you need? One quick Google search for the…
Read MoreHow Long Does a VA Loan Take to Close?
Being able to buy a home of your own is the ultimate dream. And for many who have served in the US military, VA loans can help. How long does a VA loan take to close, though? Unfortunately, over the years, VA loans have been tainted with a reputation that they take forever…
Read MoreAdjustable-Rate Mortgage: Everything You Need to Know
Many people find the home of their dreams and want to rush through the process of taking out a mortgage as quickly as possible. However, you never want to agree to a mortgage without fully understanding the terms of the loan. Otherwise, you could end up with some surprises down the road. Both fixed-rate…
Read MoreHow to Prevent Home Title Theft
Purchasing a home is one of the biggest investments you will make in your lifetime. After searching and finding your dream house, you went through the legal channels of purchasing it and taking over the rights to it. The deed reflecting all of this is recorded with the title to your property reflecting you…
Read MoreClear to Close: Everything You Need to Know
It can take some buyers months to find the perfect property. And once they do, the mortgage application process can seem endless—especially when you’re anxious to get the keys to your new home. Before that can happen, you’ll need to hear from your lender that everything has been approved and that everything is good…
Read MoreHow to Write a Gift Letter for a Mortgage
How to Write a Gift Letter for a Mortgage To qualify for a mortgage, you often need to have some form of a down payment. Getting the money together for this, however, can be quite a challenging task. To help bridge the gap between what they already have put aside and what they need…
Read MoreHow is a Mortgage Payment Broken Down
You know you must pay your mortgage every month when it is due. But do you actually know what you are paying? How is a mortgage payment broken down? Do you know what is included in the amount owed? When buying your property, you likely spent a lot of time going over all sorts…
Read MoreHow Can a Mortgage Broker Help You
As exciting as it can be to buy a new home and dream about the adventure you will have and the future memories that will be made there, all the new terms can be confusing. For instance, a mortgage broker. A mortgage broker could play a significant role in your home-buying process. So, what are…
Read MoreWhat Happens to a Mortgage in a Divorce
Wedding days are magical moments shared between a happy couple who vow to be together for better or for worse. They start a family, buy a home with a white picket fence, and live happily ever after. Unfortunately, despite the best intentions, life does not always work this way for everyone. Nobody ever kicks off…
Read MoreDo You Get a Tax Break for Mortgage Interest?
As mid-April rolls around every year, a lot of tax questions arise. Everyone wants to know what they can do to either decrease the amount of money they owe on their taxes or increase the return they get. For homeowners, the Home Mortgage Interest Deduction (HMID) is a tax break that can yield some…
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