Jay Fertman

Mortgage Loan Originator

NMLS# 262858

720-870-6812

jay@yourloanpros.com

Jay Fertman Mortgage Loan Originator

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What Is a Reverse Mortgage Principal Limit?

What Is a Reverse Mortgage Principal Limit?

By Rudri Bhatt Patel Published Wed, Jul 26, 2023 With a reverse mortgage, a borrower can convert a portion of their home equity to cash. One of the key factors determining the amount of loan proceeds borrowers can receive is the reverse mortgage

Aug 14, 2023 | Reverse Mortgage

What Happens During a Home Appraisal?

What Happens During a Home Appraisal?

A home appraisal is an important tool to determine your home’s current market value when selling or refinancing, applying for a home equity loan, appealing a tax assessment, or taking out a reverse mortgage. A change in life circumstances

Aug 11, 2023 | Reverse Mortgage

How to Read a Closing Disclosure, Page By Page

How to Read a Closing Disclosure, Page By Page

As you finalize your mortgage loan, your lender will give you a document called the closing disclosure. It contains lots of important information about your loan that you need to review and sign off on before you start your new mortgage. Although the page

Aug 10, 2023 | Purchasing a Home

Reverse Mortgages: A New Way to Tithe

Reverse Mortgages: A New Way to Tithe

Reverse Mortgages: A New Way to Tithe Seniors age 62+ that have more than 50% equity in their home, might be able to tithe using a reverse mortgage. Reverse mortgages are a type of loan that allows homeowners to borrow money against the equity in their ho

Aug 09, 2023 | Reverse Mortgage

How Do VA Loan Rates Compare to Other Loans?

How Do VA Loan Rates Compare to Other Loans?

If you are an active-duty or veteran military service person, VA home loans are an incredible home loan option; the fees are low, no down payment is required, and there is technically no minimum credit score bar to clear. In fact, 90% of VA loans are made

Aug 08, 2023 | VA Loans

What To Do After Your Mortgage Closes

What To Do After Your Mortgage Closes

Once you reach the closing day for your new mortgage, you may be wondering what to do next. There are several important steps to take as well as several privileges you can now enjoy again once your loan has closed. 1. Verify Your Loan Has Funded Don&rsquo

Aug 03, 2023 | Purchasing a Home