Jeff Petersen

Senior Loan Advisor

NMLS# 5555

Blog

How To Avoid Being House Poor

Since buying a home is one of the biggest financial investments most people ever make, if you're are not careful, you can get in over your head. This can result in a status of being “house poor,” or s Dec 20, 2022

How to Buy a Home in Today’s High-Priced Market Without a Six-Figure Income

According to a recent report from Redfin, as of October 2022, in order to afford a “typical home” with the median monthly mortgage payment of $2,682, a buyer would need to earn at least $107,281 to be Dec 13, 2022

The Ultimate Mortgage Pre-Approval Document Checklist

If you’re ready to buy a home, before you even start going to see properties, it is a good idea to obtain a preapproval letter from your mortgage lender. Especially in a competitive housing market, se Dec 06, 2022

Can’t Quite Afford a House Yet? Consider a Co-Borrower

With home prices skyrocketing over the past few years, more first-time buyers are enlisting the help of more seasoned homeowners - namely their parents or grandparents - to be co-borrowers with them. Nov 29, 2022

Happy Thanksgiving

Thanksgiving is a wonderful holiday that gives us the opportunity to express our gratitude to all of our family, friends and clients. All of us at Urban Mortgage would like to wish you a Happy Thanksg Nov 24, 2022

Disputing Your Property Tax Assessment Can Save You Money

When you are applying for a home loan, you are generally concentrating on the principal and interest charges that will make up your future mortgage payment. However, there is another cost that may be Nov 22, 2022