Mortgage News | Treasure Coast Home Loans
Check out the latest news and mortgage advice from Treasure Coast Home Loans
“Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.” –Franklin D. Roosevelt

When most people think of real estate, they picture traditional stick-built homes on permanent foundations. However, there’s another category of property that often surprises buyers: mobile or manufactured homes that are legally classified as real estate. If you’re considering purchasing a mobile home that comes with land, understanding the unique aspects of this transaction is crucial for making an informed decision.

Expert mortgage broker advice for home buyers and borrowers seeking financing options. When it comes to securing a mortgage loan, few metrics matter more to lenders than your debt-to-income ratio, commonly known as DTI. As mortgage rates continue to fluctuate and lending requirements evolve, understanding your DTI has become more crucial than ever for prospective homebuyers. Recently, exciting developments in the mortgage industry have introduced new loan programs allowing DTI ratios up to 60% for qualified applicants, opening doors for borrowers who previously might not have qualified for traditional financing.

Buying a home is one of life’s most significant financial decisions, and navigating the mortgage loan process can feel overwhelming. Whether you’re a first-time homebuyer or refinancing your current property, understanding what to do—and what to avoid—throughout the loan process is crucial for success. This comprehensive guide will walk you through the essential do’s and don’ts before, during, and after your mortgage application to ensure a seamless path to homeownership.