Refinancing… When does it make sense?

There are several reasons why one would refinance.  The most common type of refinance is a rate and term refinance. This occurs when market interest rates have gone down and a borrower has the ability to reduce their interest rate by 15% or more. So if your rate is 5%, you should be aiming to […]

Credit Crazy

Credit is stressful and scary and bad credit can cost you a ton of money! Just think about how many credit repair company commercials you see every day… It is big business for a reason.  However, just like studying for a big test, if you don’t prepare correctly, you will risk bas results… but if […]

FHA vs Conventional – Why Conventional is WAY better

At Evolution Mortgage, we help tons of first-time home buyers simplify the home buying process and as CPA’s, we make sure we do everything we can do get them into the best loan for them. We believe that is always a Conventional loan. Let us run the numbers for you, try and get your credit […]

A HOME WITH RENT POTENTIAL??? What does that mean?

  First Time Home Buyer – Are you FIRST TIME HOME BUYER looking for a home with an affordable monthly payment but having difficulty finding that perfect home? Here are some numbers. A 400k home with 9k in taxes and a minimum down payment will give you a mortgage payment around $3,000 per month.  That […]

Teachers and why they’re great.

  Here at Evolution Mortgage we do taxes and mortgages for many teachers. We know how hard they work, how organized they are and how easy they are to work with. That’s why we want to give back to our NYC and Long Island Teachers.   As of January 2019, brokers are now able to […]