Bob Mircovich

Home equity is the difference between what your home is worth and what you owe your lender. In other words, Home Value - Loan Balance = Home Equity. Want to learn how you can access your home's equity? Give me a call!

Last week, mortgage rates trended higher as market-moving reports showed hints of inflation. However, this week’s inflation report has the potential to switch things up. Here’s what you need to know: http://spr.ly/6186P2KAm

Looking for a new way to fall 🍂 in love with your home? Consider turning over a new leaf 🍁 with a Renovation Loan! Contact me to explore your options

The first step of the mortgage process gives you a realistic home buying budget, shows sellers you’re serious, simplifies and streamlines the mortgage process, and offers good insights about your finance health. We’re talking about PREAPPROVAL. Here’s what makes this step so important: http://spr.ly/6189PIt39

Are you well-prepared in the event that disaster strikes? September is Disaster Preparedness Month, so we've put together some tips to help you protect the life you've built.

Should you build your dream home or renovate a fixer-upper? Building a new home gives you the opportunity to get everything you want. On the other hand, buying a fixer upper can provide more location options and more price flexibility. With a Construction or Renovation Loan from CMG Home Loans, your dream home may be closer than you think! Give me a call to explore your options

Mortgage rates trended downward last week, dropping towards 3-week lows as economic reports reflected more favorable data. So, what’s next? Will rates continue their descent? Here’s what we know: http://spr.ly/6189PawRR

Happy Labor Day from CMG Home Loans! When it comes to home financing, leave the work to us. Trust your local CMG Home Loans expert to take the labor out of your buying or refinancing journey.

How much house can you afford? When it comes to calculating your mortgage affordability, there are three main factors: your gross income, your debt-to-income ratio (DTI) and your mortgage-to-income ratio. Ready to calculate your affordability? Contact me today to get preapproved!

Love the home, hate the rate? In a rising-rate environment, homeownership may seem out of reach. However, there are options for home buyers in almost every housing market. Here are four mortgage options to consider when rates are rising: http://spr.ly/6183PtA8v

The base FICO® Scores range from 300 to 850. The higher the score, the lower the risk to lenders. A "good" credit score is considered to be in the 670-739 score range. A credit score between 740-799 is considered "very good" and a score over 800 is considered "exceptional".

Though we saw a decent recovery earlier in the month, mortgage rates have since climbed to the highest level in over two decades. If inflation is cooling, why are rates still trending higher? Here’s how this week’s jobs data could set the stage for lower rates: http://spr.ly/6183Ps6BT

List it 🏠 ✔️Lock it 🔒 Sell it faster 💵
With our exclusive List & Lock™ advantage, sellers can advertise discounted rates on their listings, drawing in more buyer demand, and giving the future buyers a desirable rate on their mortgage. Ready to learn more? Contact me today!

Are you prepared in the event of a natural disaster? No matter where you live, you likely face some sort of natural threat like tornadoes, wildfires, hurricanes, snowstorms, flooding, or heatwaves. That being said, it’s essential to have an emergency plan in place BEFORE disaster strikes. Keep these points in mind as you prepare your family and home for the unexpected: http://spr.ly/6181PUBwl

What mortgage myths are you still believing? Many times, home buyers will doubt they can qualify for a home loan based on misinformation. There are many misconceptions in the modern market, but I'm here to set the record straight.

When you finance your home with an FHA Loan, you will be required to pay an upfront and ongoing mortgage insurance premium (MIP). Unlike Conventional Loan private mortgage insurance (PMI), the MIP is not cancellable

As inflation is calming down, why are interest rates rising? Though inflation has been a major factor driving rates, there’s a new main factor. Read here: http://spr.ly/6181PW5rd

One of the biggest hurdles for first-time home buyers is saving for a down payment, but there are several options that can help you reach that goal. There are four different types of down payment assistance, including grants, loans, deferred loans, and forgivable loans. Want to explore your options? Give me a call!

Think you can’t qualify for a home loan while balancing student debt? Think again! With the right strategies in place and the help of a knowledgeable loan officer, buyers with student loans can still achieve their homeownership goals. Here’s how you can overcome the last hurdle to homeownership: http://spr.ly/6180PYQtm

FHA, USDA, VA – the acronyms can get confusing, but they're worth understanding as they can save you thousands on your mortgage. Ready to see how a government-backed loan can benefit you? Contact me today!

Last week, the consumer price index (CPI) reported lower-than-expected inflation in July. In a surprising turn of events, mortgage rates trended higher after the friendly inflation data. Here’s what led to the uptick: http://spr.ly/6183PitMH

Apply in as little as 5 minutes, access equity in as few as 5 days. It's that easy! With our 5-Day Home Equity Line of Credit (HELOC), you can unlock up to $400,000 in tappable home equity in days. Ready to learn more? Contact me today!

Tired of renting? Ready to take the leap into homeownership? Here’s what you need to know about qualifying for a mortgage as a first-time home buyer: http://spr.ly/6185Pgb57

What’s new in housing news? Mortgage rates fluctuated last week, initially trending higher after Wednesday’s ADP employment change report, then trending downward after Friday’s weaker-than-expected employment situation reports. Here’s what this week has in store: http://spr.ly/6186P56i6

When you’re shopping for a new home in a new area, the neighbors could be your greatest resource to learning more about your prospective future neighborhood. Ask the neighbors questions like:

Any recent crimes in the area?
Are there a lot of renters in this neighborhood?
What do you think of the Homeowners Association (HOA)?

Whether you live in a high-cost area or you're looking to finance a more expensive property, we've got you covered. Go big AND go home with a Jumbo Loan! Contact me today to learn more.

It's back-to-school time! Are you ready for an A+ home buying experience? Now's the time to study up for your home purchase! It all starts with a preapproval, contact me today to take the first step!

Why should you research school districts when buying a home? Whether you have school-aged children or not, here are three reasons you should ask about school districts: http://spr.ly/6188Pbtvm

Mortgage rates trended higher last week—but not because of the Fed. While The Federal Reserve raised the benchmark interest rate another 0.25%, last week’s upward tick in mortgage rates was due to stronger economic data. Here’s what this week has in store: http://spr.ly/6188PZSq0