Homeowners Insurance Tips

Nearly every homeowner will take out an insurance policy to protect their home, safeguard against structural damage and theft, and obtain a sense of security. When disaster strikes, homeowners insurance should allow you to reclaim your sense of stability, putting worries of money aside. However, countless homeowners are met with the devastating shock of denied […]

What is the difference between APR and my mortgage rate?

What is the difference between APR and my mortgage rate? This is one of the most common questions about the mortgage lending process. If you are in the market for a home loan, it is helpful to learn the difference between your mortgage rate and your annual percentage rate, or APR. Let’s start with your mortgage […]

Don’t Make That Big Deposit Or Transfer

You’ve probably heard the saying, “When you fail to plan, you plan to fail.” That is especially true when it comes to buying a home today. Underwriters are following strict guidelines–and that means even things like bank deposits and transfers are under scrutiny. Here is some insight on how underwriters analyze bank statements…and what you […]


5 Reasons to Buy Now

David H. Stevens, CMB President and CEO at Mortgage Bankers Association May 31, 2016 So let’s get this on the table to start with: I am not a perfectly objective person here. I run the Mortgage Bankers Association (MBA) in Washington and have worked in either the private sector or government sector in mortgage finance […]

Budgeting — Keys to Successful Homeownership

A budget is a plan that lays out your income and expenses as precisely as possible.  Budgets and spending plans are critical to using credit wisely and to meeting financial goals, such as saving up for your down payment or making a monthly mortgage payment.  With the tips provided here, you’ll uncover your spending patterns […]


Where will rates go next?

Bubble?  Such a fun word, unless you are talking about housing.  From 2012 – 2014, there was strong talk of a second housing bubble from economists.  Since then, the question has been quiet. The Fed has done a good job of slowly growing the economy, to avoid spikes of highs and lows that created the […]

How Much Should You Borrow?

While it might be tempting to borrow whatever amount of money your lender is willing to give you, it’s important to think carefully about how much you will actually need to borrow in order to purchase a new home. This is an article that will help you decide how much should you borrow to get […]


Renting vs. Buying

Is it cheaper to buy or rent a home? Do you prefer renting over owning a home – this was a question posed by www.CNNMoney.com. It got me thinking… is there a time when it’s better to rent than buy? Sure, when you are rebuilding your credit, saving up money, or for some personal or […]

Mortgage after Foreclosure

The FHA Back to Work Program – mortgage after foreclosure or short sale Have you suffered an economic event beyond your control such as loss of employment, loss of income, or a combination of both? We may have a homeownership answer for you. FHA’s Back to Work program allows credit exceptions to traditional guidelines for […]

Welcome to The Frazier Team Mortgages blog!

Welcome to The Frazier Team Mortgages blog!  Here you will find honest, professional answers to mortgage questions you may not even know you have! We give you insight into payments, interest rates, mortgage insurance, loan types, and so much more.  You can even get pre-approved. Call us with any questions or other blogs you would […]