Jessica Rucco's (jrucco) Blog

Wondering if you should buy your first home? Evaluate your circumstaces and consider the following pros and cons:Pro: Taxpayers are able to deduct part of the mortgage interest and real estate taxes each budget as it is.year.Con:  UPKEEP. When you rent, repairs and improvements are the landlord's...

Watch for these red flags when your dealing with your loan officer: Urges you to "bend" the truth on your application in order to get the loanPushes you to borrow more than you requestedPuts you into something with payments that you can't realistically meetFails to give you the proper disclosures...

As a Loan Officer, it is a frequent part of my day to get a phone call asking what our "rate" is.Much to the disappointment of some callers, there is no magic rate I can instantly quote them. Sure, I could tell them what the par rate on a 30 year fixed is. The truth is however, I have no business...