Entries by Enzo Fiorello

3 Mortgage Tips for Winter 2018

While most of the country is experiencing cool temperatures, spring is right around the corner. To help you prepare for the busy season of home buying, selling and refinancing season that lies ahead, we’re offering these 3 tips on how to make the most of a mortgage in February. 1. Have a low, long-term rate? […]

The ABC’s of the HELOC

Once a hot commodity in the 2000s—when real estate values soared—HELOCs (home equity lines of credit, also known as second mortgages) have gained popularity as home values again reach new heights. Owning a home is a great way to plant roots and build wealth, and is typically a person’s most valuable asset, so if you […]

How to Protect Yourself from Wire Fraud

There’s been a huge increase in wire fraud occurring during the past couple of years, most notably with people who hack into e-mails, send wiring instructions for the closing that include their own wire instructions and then steal the proceeds from the purchase. That begs the question, “How do you safely purchase your home, when […]

Can Refinancing My Home Loan Help Me Save Money?

Taking out a new mortgage loan with a new term and interest rate to replace your current mortgage loan can lead to a potential savings of hundreds of dollars a year. Benefits of refinancing include lower monthly payments, locked-in low rates, and additional cash on hand every month for purposes ranging from home repairs to paying […]

PERL Mortgage Inc. Names a Trio of New Loan Officers in Eagan Minnesota

PERL Mortgage Inc. Names a Trio of New Loan Officers in Eagan Minnesota Former real estate lending executives join growing national lender PERL Mortgage has recently welcomed Nicole Rosandich, Lisa Kosse, Emily Wismer as loan officers for its location at 2600 Eagan Woods Drive, Suite 470, in Eagan, Minn. Rosandich entered the mortgage business in 1996 and has since been recognized as a Super Mortgage […]

3 of the Biggest Ways the New Tax Plan Affects Homeowners

The recently signed Republican Party tax plan is set to bring radical changes to tax rates, brackets, and deductions. A tax overhaul would affect America’s current and future homeowners due to lower limits on how much mortgage interest and property taxes can be deducted, along with whether interest on certain types of housing-related loans can […]

JUMBO Mortgages

What You Need to Know About JUMBO Mortgages Borrowers seeking large home loans today will find more lenders offering jumbo mortgages—loans for more than the 2018 conforming limits set by Fannie Mae and Freddie Mac, usually beginning at $453,100 for most parts of the country and reaching as high as $679,650 in some higher-priced real […]