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At MortgageDepot, we believe that your financial challenges of the past should not prevent you from achieving your real estate goals in the future. If you need a mortgage in Pennsylvania and have collections and charge-off accounts on your record, we will help you forge a path toward home ownership. When it comes to collections …

When it comes to qualifying for a mortgage, using gift funds is a source of confusion for borrowers. When are gift funds OK, and when are they a no-go? Does the borrower need to kick in a portion of their own funds in addition to a gift? If you need a mortgage in Pennsylvania, MortgageDepot …

At MortgageDepot, we understand that getting a mortgage is rarely a black-and-white endeavor. Each one of our clients brings a unique situation to the table. We are committed to helping our Pennsylvania clients overcome barriers that stand in the way of their real estate goals. If you want to get your feet wet in the …

For many Americans, the days of working a nine-to-five job and receiving a weekly paycheck are things of the past. People are getting creative with their finances and living off of investment income and assets. Does this pose a problem when it’s time to shop for a mortgage in Pennsylvania? At MortgageDepot, the answer is …

You’re interested in refinancing, but it sounds so complicated! Between the appraisals, paperwork and closing fees, it might feel like you’re buying your house all over again. If you currently have an FHA mortgage and would like to reap the rewards of refinancing, MortgageDepot has good news. The FHA Streamline Program might allow you to …

Would some extra cash go a long way toward helping you reach your financial goals? Do you need money to fund renovations that will transform your house into your dream home? A cash-out refinancing program might be your answer. At MortgageDepot, we help our Pennsylvania clients use the equity in their homes to do things …

Getting a mortgage as a self-employed borrower can be complicated, but it’s not impossible. If you are a self-employed borrower in Pennsylvania, there are things you can do to make your financial situation more attractive to lenders. Here’s a twist: What if you are a self-employed borrower with losses under your belt? Is getting approved …

Refinancing is intimidating, especially for lower-income homeowners. There are eligibility requirements to meet and closing costs to pay. Many low-income borrowers pass up the opportunity to save money on their mortgage in favor of sticking with their familiar plan. At MortgageDepot, we encourage our Pennsylvania clients to explore refinancing as a tool to save money …

When it’s time to shop for a mortgage in Pennsylvania, there are several factors to consider. The length of the loan, the required down payment and the interest rate are only three pieces to the mortgage puzzle. To make matters more confusing, things change from year to year. The mortgage that you secured five years …

Your home is probably your most valuable asset. The equity you have in your home is an often-used measure of your financial worth. Sometimes your personal and financial goals require cash. Most people don’t have large amounts of money readily available to spend on a college education, dream vacation or home renovations. Wouldn’t it be …