Regardless of whether you’re buying your first house or seventh, one thing will usually remain the same: it’s a very exciting process. The thrill of house hunting, of tracking down that one perfect place, the whimsy of imagining what living there might look like, and the buildup to that fateful move-in date;… Read More

A “jumbo mortgage loan” is used when the amount a borrower requires is greater than the conforming loan limits that have been established by Federal National Mortgage Association or FNMA (Fannie Mae). In other worse, these loans are meant to help homebuyers purchase a home that may have otherwise been out of their… Read More

Refinancing the mortgage on your house comes with a litany of benefits. Regardless of whether you’re refinancing a house to reduce the interest rate or to cut down on your monthly payments, there’s a process you’re going to have to go through. But how long does it take to refinance a house, really? Are there any… Read More

Closing on a mortgage is an exciting thing. You’re so close to moving into a new home that you can almost taste it; you just have to complete a few final steps. If this is your first time buying a house, however, then the closing process can feel a little overwhelming. What steps come first? What can you do to… Read More

Fixed-rate mortgages are one of the most popular mortgage loan options available. However, despite the many fixed-rate mortgage benefits, there are also some drawbacks to this particular type of loan. To help you make the best decision, here’s a breakdown of the various pros and cons of fixed-rate mortgages and how… Read More

If you’re considering refinancing your mortgage, make sure you’re doing it for the right reasons. There’s a bunch of reasons to do so, but if the timing isn’t just right, then you may not be able to experience all of the many colorful benefits to mortgage refinancing. Read More

If you’re a first-time homebuyer gearing up for the big purchase, you might think that the process starts at an open-house, or maybe with a realtor. Those are both great first steps, but if you want to hit the ground running and maximize your chances of landing in that perfect dream home, your first step should be to… Read More

Okay, so you’re purchasing a home. First of all, congratulations! Homeownership is one of the best and most exciting life decisions out there, and you should celebrate that! But in the same breath, purchasing a home can be a lot to take in, especially when you’re wading into the ever-constant fixed-rate vs.… Read More

There are a lot of numbers involved with buying a house. Whether it’s the down payment amount, monthly mortgage payments, interest rates, or the price of the house as a whole, you’re going to have a lot on your mind. But how do closing costs for first-time home buyers fit into all that? Read More

Here at Poli Mortgage, we’re committed to offering every customer as much mortgage loan information and expertise as we can. So if you’re looking to refinance your home and are on the hunt for a refinancing program to meet your needs, we want to help. Read More