First Time Home Buyers - New Dwelling Mortgage

Benefits Of Helping Your Child Buy A Home

Building Equity & Long Term Investment Helping with mortgage payments may make more sense than providing a monthly allowance. Paying off a mortgage builds equity in the home that eventually turns into assets — usually appreciating assets. Gifting the Down Payment For tax purposes, parents often opt to gift their children’s money rather than paying … Read more

Simple Appraisal Alternatives During COVID-19

Simple Appraisal Alternatives During COVID-19. Fannie Mae and Freddie Mac (Conventional loans) and HUD (FHA loans) will allow Exterior Drive-By Appraisals and Desktop Appraisals. During this COVID-19 national emergency, in many cases, lenders are unable to obtain an appraisal based on a full interior and exterior inspection of the subject property. In response, they are … Read more

Simple First Time Home Buyers

Transcription: “Hey Everyone. So the reason why I decided to do this video is to help first time home buyers understand the process on how to get pre-qualified for a mortgage. Now its super exciting going out with your Realtor and looking at houses but its also overwhelming when you don’t know what the next … Read more

Why Working With A Real Estate Agent Is Important

Keeping It Real: Why everyone should work with a real estate agent. Mortgage Brokers and Real Estate agents work hand-in-hand, committed to providing you the best home-shopping experience possible. When we partner together, we’re your best advocate. We know the ins and outs of the industry, and we always have your interests in mind. But that’s … Read more

Simple Way of Understanding Your Credit Score

4 Things to Know About Closing Costs

4 Things to Know About Closing Costs, whether you’re purchasing or refinancing a home, there is something called “closing cost.” Since closing costs differ based on location, property, and loan type, the borrower must receive an estimated amount they’ll be paying to determine what they can afford. Good News! Here at New Dwelling Mortgage, we don’t charge … Read more

Mortgage Insurance, When do you need it?

Mortgage Insurance, when do you need it? PMI is required on conventional loans if the loan to value ratio is greater than 80%. MIP (Mortgage Insurance Premium) is required on all FHA loans. What Is Mortgage Insurance? If you’re making a down payment of less than 20% on a home, it’s essential to understand what mortgage … Read more

Is a Mortgage Broker Right For You?

Is a Mortgage Broker Right For You? Are you having trouble deciding whether or not a mortgage broker is right for you? Here’s some useful information to help you make a decision! Mortgage brokers may provide more affordable costs compared to banks and mortgage banks. A mortgage brokerage firm is a licensed and regulated entity that brings borrowers and lenders … Read more

5 Simple Tips to Moving

5 Simple Tips to Moving. If you’re stressing about your move, here are a few quick tips to make your move easier. Boxes. Make sure you have the right kind of packing containers for all the different types of cargo you’re planning on taking with you. Purchase various sizes of containers to ensure certain items … Read more

Simple Basics to Buying a Home

Simple Basics to Buying a Home. Purchasing a home is exciting, but it can be overwhelming for a first time home buyer. It’s the largest purchase most people make in their lifetime. The good news is, you are not alone; it’s normal to feel this way. Understanding the process and knowing what to expect is vital! … Read more

Caesar Krit

02:36 04 Oct 24

My wife and I cannot say enough about the expertise and true professionalism that New Dwelling provided for our first home. Gaby and Frank were extremely thorough and worked under short notice to meet deadlines. Would highly recommend to anyone else.

Jose Guzman

21:56 29 Jul 24

We used New Dwelling Mortgage for our Mortgage on our home and I must say do not second guess their services !! Steve & Gaby were great throughout the entire process; constant communication; weekly status updates. They make videos which help you visualize and understand important documents. Steve is there for all your needs and the best part was how quick we were clear to close!!! Thank you to everyone at New Dwelling.

Blue River

05:45 25 Jul 24

New Dwelling Mortgage specifically Stephen Simone created a wonderful experience for me as a client. He was knowledgeable, present, and in my estimation, the most ethical consultative service person I have ever worked with in my life. Ray every turn he promised and OVER delivered. He was able to get a mortgage done in two weeks for my family.I consider Stephen Simone not only a fantastic mortgage broker, but a friend for life after this experience.Thank you, Stephen Simone! And New dwelling Mortgage.

Justin Conigliaro

23:31 11 Jul 24

My wife and I cannot say enough about the expertise and true professionalism that New Dwelling provided us throughout the process of purchasing our first home. Amanda, Gaby and Frank were extremely thorough, warm and patient. They provided us with extremely helpful videos every step of the way, they made time to answer all of our many questions and made us feel extremely comfortable and confident as we embarked on a journey that we truly knew nothing about. Thank you so much for everything that you’ve done for us. We will ALWAYS work with New Dwelling moving forward and would highly recommend anyone else to do the same.

Ruth Boda

00:55 25 Jun 24

I have been working with Frank and New Dwellings on both refinance and purchase transactions. Their number 1 focus is taking care of their clients. I can 100% state from personal experience, that Frank and his team are one of the most professional, responsive and helpful mortgage professionals I have ever worked with. I highly recommend Frank and New Dwelling Mortgage!Got a loan started and closed in just 15 days! AMAZING!