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

Christopher Cardinali

21:38 09 Dec 24

My wife and I worked with Stephen to secure a mortgage for our first house. Stephen did an incredible job walking through every step of the journey and made us feel comfortable throughout the entire process. As first time homeowners, he was thorough, patient, and went above and beyond every step of the way. He was able to alleviate all our concerns and over simplified what could have been a very stressful process, taking time to explain every stage of the process. Gaby was also incredibly attentive and always checked in with us and made sure we were always progressing in accordance with the timeline we had for closing. It was an amazing experience working with them both and we would recommend them to anyone in need!

Michael Stumpf

17:31 08 Dec 24

We had a difficult case, buying a house from the estate of a family member. Steve Simone was just great! It took us more than a year but Steve was there for us through every twist and turn. His experience was invaluable and his responses were always quick and on point. And in the lead up to the closing, Gabi and the back office staff were just as great. Thank you all so much and Five Stars! Highly Recommended!!!

T F

04:27 07 Dec 24

Absolutely amazing team! We worked with Steve and Gaby. Both were extremely attentive, patient and knowledgeable! They walked us through the mortgage loan process step by step. They made the entire process so simple and straightforward. I would highly recommend this business and the team to anyone! You won’t be disappointed!

Ari K

15:11 02 Dec 24

My wife and I are blessed to have met Frank at New Dwelling Mortgage!!! Genuinely an absolute pleasure to work with from start to finish. Can't say enough about him and his company process. We would recommend anyone in the market to give New Dwelling a call first.

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.