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It’s a well-known fact that housing costs are through the roof in some real estate markets. These high price tags make house hunting a challenge for many of our Pennsylvania clients! Resale restrictions are sometimes put in place to keep housing prices at bay. What does this mean when it’s time to apply for a …

When you need to take a leave of absence from your job, it seems like all of your financial goals come to a halt. It’s frustrating, especially if your leave is a short-term situation. If you are on a temporary leave of absence from work, did you know that you can use your pre-leave income …

The Fannie Mae HomeStyle® Renovation mortgage Borrowers don’t need to pass on a home just because it needs a little TLC. The Fannie Mae HomeStyle Renovation mortgage can combine the cost of the home with the costs of renovation or remodeling—all in one loan. At closing, all funds for the renovation are escrowed in an …

Nobody’s perfect. If only perfect people could get approved for a mortgage, none of us would own a home. If you have a less-than-ideal credit history or if you have missed a few critical payments in the past, using compensating factors to qualify for an FHA mortgage in Pennsylvania might be your key to home …

You arrived in the United States with goals and dreams. Along with those, you need a place to live. Even though your U.S. residency might be temporary, you still want a house that feels like home. If this sounds like your situation, MortgageDepot has your path to home ownership in Pennsylvania. We have helped countless …

Employment doesn’t look like it used to, especially since the onset of the pandemic. Workers are in a state of transition, moving from 40-hour workweeks to jobs where they call the shots. As a result, we’re seeing more and more clients come into our office with gaps in their employment history. Is this a problem …

When it comes to rental income, lenders can be particular. Some have strict policies against using rental income to qualify for a mortgage, while others are OK with it. If you are shopping for a mortgage in Pennsylvania, nobody understands the ins and outs of the lending industry like us at, MortgageDepot. Did you know …

At MortgageDepot, we understand that you can’t pass up the chance to make yIf you are applying for a mortgage in Pennsylvania, timing is everything. Unfortunately, life doesn’t care about timelines! Sometimes the perfect real estate opportunity presents itself at an imperfect moment.our real estate dreams a reality. What if you are in between jobs …

Let’s talk about assets. In our offices, it used to be that the only assets we needed to think about were bank accounts and capital investments. Those are still the big ones, but we’ve noticed that our Pennsylvania clients are thinking outside the box when they arrive at the mortgage desk. When applying for a …

You worked hard to earn a college degree, and now you’re stuck with a seemingly neverending student loan. It’s hard to juggle student loan payments along with all of the other bills that come along with adulting. When money gets tight, you might decide to defer that student loan. What does this have to do …