Blog
Stability
Almost 200,000 Americans, and over 900,000 humans have passed away this year from Covid-19. I’ve been through excruciatingly difficult conversations with friends who’ve lost parents and siblings. Two friends have had to close their businesses permanently. My brother was supposed to get married on Saturday; but he and his fiancé have tearfully postponed their wedding…
Read MoreSpringboard
April 2020 update: this program is currently suspended. See other programs which are currently available at https://alexjaffe.com/dpa We just released the Springboard down payment assistance program, which is available for home buyers in Maryland & Virginia! This is a conventional loan program without mortgage insurance which comes with a repayable down payment assistance loan of 4%…
Read MoreBorrowSmart
BorrowSmart is a grant program offering $1,250 in grant funds, available if you’re under 80% of the area median income AND putting down less than 20%. The program cannot generally be paired with other assistance programs. The assistance is paired with a 3%+ down conventional Home Possible loan and is a great way to get…
Read MoreAmazon HQ2 comes to Crystal City DC area…now what?
Crystal City, VA is home to Amazon’s 2nd headquarters (HQ2). If you’re considering a job opportunity to work here, acquiring a mortgage to finance a home nearby may be simpler than you think. Learn more about mortgage options and ways to commute! Closing on a home prior to starting your job: If you have…
Read MoreMortgage insurance is less now
This week, all six mortgage insurance companies that exist in the US either released or announced reductions to their mortgage insurance premiums. (Need to learn more about MI? Click here). I am reflecting back to when I started in this business in 2007. Between 2007 and 2015, mortgage insurance costs hardly moved. When the conforming…
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