United Mortgage Financial Group

What is “Locking a Loan”?

October 20, 2015

When should you lock in a loan? Is there a “best time”? What happens if rates go down after you’ve locked? What if you change the loan package from 30 years to 15 years? There are consequences for changing your mind after you’ve locked in a loan, and maybe it’s not worth a switch. As […]

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Understanding the Underwriting process

September 22, 2015

Underwriting: it’s talked about a lot during the mortgage process but what actually do they do? It’s like a mysterious dimension that a pile of all your financial information just floats around in “Underwriting World”, before getting spit out as approved or denied. Mike Goblet, of United Mortgage Financial Group gives the insight of what […]

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Debt-To-Income Ratio – Part 4

June 25, 2015

On this episode of Arizona Mortgage News: Insider Update, Mike Goblet, of United Mortgage and Financial Group discusses DTI.  DTI is Debt-to-Income Ratio. It has to do with how much money you make versus what your bills are. Pre‑mortgage meltdown, people used to be able to do things like just stated income.  Unfortunately, with the […]

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3 Reasons Why the First Half of 2015 Will Be The Best Time to Buy a Home or Refinance

January 21, 2015

If you are in the market to buy a new home, now is the best time to buy. All indications point to the first half of 2015 being the best time to buy a new home or refinance. With rates now close to the lowest levels they were in 2013, makes it better in terms of […]

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Explaining Quantitative Easing Three

October 30, 2012

I wanted to discuss the impact of the feds announcement of QE3 or quantitative easing three. In mid‑September, they announced that they were going to start their new round of quantitative easing by actually buying, specifically, mortgage‑backed securities to the tune of 40 billion per month. It’s just an incredible proposition on their point and […]

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