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Banker or Broker?

Banker or Broker?

by Michael DiVita | Jul 29, 2014 | How Banks Qualify Borrowers, Minute Mortgage Series, Mortgage 101, Mortgage Education, Video Series

Synonymous, in a way.  They both secure home loans.  A mortgage banker works for a specific bank.  He offers the products from that bank’s portfolio only.  A mortgage broker is independent and affiliated with many lending institutions including large national,...
Reverse Mortgage Myths

Reverse Mortgage Myths

by Michael DiVita | Jul 29, 2014 | Mortgage Education, Refinance 101, Types of Mortgage Products, Video Series

A reverse mortgage can be a great tool to access the equity you have built up in your home for retirement.  Separate myth from fact and see just how powerful a reverse mortgage can be.
Tips for the Self-Employed Borrower

Tips for the Self-Employed Borrower

by Michael DiVita | Jul 29, 2014 | How Banks Qualify Borrowers, Mortgage Education, Video Series

If you are self-employed it is important that you watch this video and get prepared early.  It can be much more difficult to get approved as a self-employed borrower unless you understand what the bank is looking for. An experienced mortgage broker is a must in these...
Understanding VA Loans

Understanding VA Loans

by Michael DiVita | Jul 29, 2014 | Mortgage 101, Mortgage Education, Types of Mortgage Products, Video Series

Active and retired members of any U.S. branch of the military love this incredible wealth generation benefit.  By taking advantage of the VA loan program, you can buy a home or investment property at a much lower cost than the general public. You will be amazed at how...
The Real Cost of a “No Cost” Refinance

The Real Cost of a “No Cost” Refinance

by Michael DiVita | Jul 29, 2014 | Mortgage Education, Refinance 101, Video Series

There is no such thing as a no cost loan. There are always costs associated with getting a loan. No cost loans are a marketing term used to indicate a loan where the lender is crediting the borrower back some or all of the closing costs in return for accepting a...

What You Need to Know Before Choosing an FHA Loan

by Michael DiVita | Jul 29, 2014 | Mortgage 101, Mortgage Education, Types of Mortgage Products, Video Series

The FHA offers some very good loan products but it’s important that you understand the details and know all your options before deciding on a loan.
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© DiVita Home Finance, Inc 2017
California Department of Real Estate Broker # 01818285 NMLS # 323700

Licensed to do business in the States of CA, OR, and CO. NMLS # 323700. Licensed to conduct business in the State of California under the Department of Real Estate License # 01818285.

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michael@divitahome.com

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