PERL Mortgage Blog

Debt-to-Income Ratio: Its Importance When Qualifying for a Mortgage

Debt-to-income (DTI) ratio is the percentage of an individual’s monthly gross income that goes toward…
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Bringing on a Mortgage Co-Signer

After searching for what seems like forever, you’ve finally found the ideal home. But when it comes…
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Closing Checklist For Home Buyers: What You Need to Know

As you’re nearing the end of your home-buying journey, you’ll want to avoid any hiccups. Here’s…
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Help Your House Appraise for Top Value

Although your home has passed the inspection and the buyer has been pre-approved for a mortgage, the…
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The Top Reasons Mortgage Applications Are Denied

Following the financial crisis of 2008, lending standards tightened.  Over the past 10 years, these…
How parents can play a big role in helping their children buy a home

How Parents Can Play a Big Role in Helping Their Children Buy a Home

With today’s rising home prices and interest rates—not to mention outstanding student loans—young…
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How to Gain an Edge Over All-Cash Buyers When Purchasing a Home

A cash buyer can perform and close quickly, as well as provide sellers with a sense of comfort. However,…
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Could a Reverse Mortgage Loan be a part of a smart retirement plan?

When faced with daunting expenses paired with a monthly mortgage payment on their home, many retirees…
Millennials buy a home

Millennials Lead the Home-Buying Market

As millennials become more established in their careers and start families, they are increasingly becoming…
Elderly couple buy a home

The Best Ways to Retire Without a Mortgage on Your Home

Whether you’re preparing to take early retirement or planning to ride off into the sunset during your…
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Top Three Mortgage Tips for March 2018

Buyers in today’s housing market are faced with numerous challenges. A low housing inventory leads…
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Six Mortgage Questions First-Time Home Buyers Should Ask

Buying your first home can be challenging, especially when it comes to understanding the importance of…