I’m always looking for creative solutions to help my clients purchase their homes. One of the most common obstacles, particularly for divorced women, is coming up with the downpayment. I asked my good friend, Jay Gordon, of the Popper-Gordon Group at Morgan Stanley, if he had any ideas to share. He suggested creating a Portfolio Loan.. read more →

In the past, many divorced women have paid Private Mortgage Insurance (PMI) on FHA loans to secure a mortgage that insures against a default in payment. This is required if your downpayment is less than 20% of the appraised value or sale price. It’s understandable, particularly if owning a home on your own is new for you. Mortgage.. read more →

It’s no secret that buying a home is usually the biggest investment you’ll ever make. It requires proper planning and exceptional execution from the time you decide to explore the possibility of buying, straight through to the closing. With a need for financial solvency and advice from professionals who understand the importance of guiding you.. read more →

28 Aug 2014
August 28, 2014

Don’t Take No for An Answer


At a social gathering last month, I met a young couple who, when they found out what I do, told me with glum faces that they were still renting. They were sure they would qualify for a mortgage, but instead they were turned down by their bank. After speaking with them the following week and.. read more →

You may have read an article in The Wall Street Journal or watched Diane Sawyer on ABC talking about housing market trends and alerting you of the best times to buy or sell your home. While the trends may be accurate on a national level, they may be entirely different when you consider them from a local.. read more →

22 Jun 2014
June 22, 2014

Why Choose Debbie?


Why Choose Debbie? One of the questions that comes up with new clients is: Why should I choose Westchester Mortgage over a big bank? It’s a fair question. Your mortgage is a huge investment and you should carefully choose the person you want to work with for the best possible outcome. I asked a client.. read more →

16 May 2014
May 16, 2014

Post-Divorce Mortgages


Post-Divorce Mortgages: Know the Facts No one is ever fully prepared for divorce. It’s a difficult situation that becomes even sadder when children are involved. Unfortunately it’s a common occurrence and the couple must make financial arrangements that can be agreed upon by both parties. When it comes to divorce, however, many people are unaware.. read more →

Should I Waive My Mortgage Contingency? Given the limited inventory of available houses in today’s market and the large number of eager buyers in Massachusetts, sellers may face as many as 10-15 offers, with each getting more competitive. Often the person who gets the home is the one who waives certain terms and contingencies in.. read more →

23 Mar 2014
March 23, 2014

March Mortgage Madness


March Madness and Common Sense Have you heard about the “Billion Dollar Bracket Challenge?” It’s a legitimate contest offered by Warren Buffett and Quicken Loans. The winner will receive 40 installments of $25 million or can take a lump sum of $500 million. The catch? Well, there is no catch, other than it’s virtually impossible.. read more →

14 Feb 2014
February 14, 2014

Get Out of the Rent Rut


5 Ways to Get Out of the Rent Rut Renting an apartment isn’t always a bad idea, given your financial situation, but sometimes we find ourselves stuck in place without the proper information to get out of the rent rut. Many first-time home buyers have no idea they can qualify for an affordable mortgage. So.. read more →