Kelvin Andrade

Loan Originator

NMLS# 1135008

Kelvin Andrade Loan Originator

What is the Difference Between a Mortgage Interest Rate and the APR?

As you start applying for a mortgage loan, you will probably hear the terms “APR” and “mortgage interest rate” a lot from lenders. What do these mean, what is the difference between them, and how do t Jan 24, 2023

2023 Conforming Loan Limits Jump $79,000, Giving Borrowers Plenty of Mortgage Options

Last week the Federal Housing Finance Agency (FHFA) announced the new conforming loan limits (CLL) for mortgage loans in 2023 and based on U.S. home price growth, they are increasing to 12% for the co Jan 19, 2023

Your Mortgage Closing Checklist

You’re in the home stretch: you’ve found a great home, made an offer and been accepted. You’ve gone through the home inspection appointments and resolved any issues and now you’re waiting for the mort Jan 17, 2023

Can I Build a House with a VA Loan?

If you are an active-duty or retired service member, you are likely familiar with the many benefits of buying a home with a VA loan. The Department of Veterans Affairs guarantees mortgage loans that h Jan 12, 2023

Choosing the Best Type of Refinance Loan

If you are ready to refinance your current loan, there are actually several types to choose from. The right one for you will depend on your purpose for getting a new loan and your eligibility for spec Jan 10, 2023

What is a Debt-To-Income Ratio and Why Does it Matter?

When you are ready to buy a home, you may hear your mortgage lender start talking about your debt-to-income ratio, or DTI.  While you may not have heard that term before, it is actually a very importa Jan 05, 2023