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While the 2022 Conforming loan limits have not been officially announced by the Federal Housing Finance Agency, we at Bluefire Mortgage Group, are ready to start offering conforming loans up…

The pandemic has changed an incredible amount of how we interact, work and live, but one of the greatest shifts we’ve seen is in the housing industry. Metropolitan areas have…

If you’ve ever applied for a mortgage loan, you’ve probably seen the term annual percentage rate (APR). The APR represents the total cost of financing your home, expressed as a…

As a business owner, freelance consultant, or independent contractor, buying a home or refinancing can oftentimes be more challenging to secure financing. It can be difficult to prove how much…

When submitting an offer to purchase a home, the seller will respond in one of three ways: they can accept, come back with a counteroffer, or reject your offer completely….

An appraisal report is a written report that is an independent opinion of the value of a home based on an appraiser’s inspection of the property. It specifies what a…

As a homeowner, if you’re moving, you might be trying to sell your current home and buy a new one at the same time. Balancing these two tasks can seem…

When gearing up to buy a home, there are lots of moving parts to think about. There are the closing costs, insurance, location, rates, and so many other aspects to…

For reference, an interest rate is the amount of interest due over the term of a loan as a percentage of the principal, or the amount borrowed. The interest rate…

When determining how much to save for a down payment, setting aside as close to 20% of the home’s purchase price as possible is ideal. This allows for less interest…