Posts by Alexander Jaffe
Escrow Analysis
Expect an escrow analysis once per year, mailed to you. Please be sure to read it to understand how your mortgage payment is changing. The escrow analysis looks back at property tax and insurance costs incurred over the last year. It’ll recalculate what should be your monthly payment to your escrow based on that. Escrow…
Read MoreBank Statement Underwriting
Our bank statement program allows us to use 12 or 24 months of bank statements in lieu of tax returns to calculate income. This can be a helpful alternative for self-employed purchasers! This is a conventional 30-year fixed loan and is available starting with a 20%+ down payment. Two years of being in business, self-employed,…
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