One of the main reasons to refinance is to reduce your interest rate or term, but with today’s low rates, we’re finding that cash-out refinances are just as popular as rate or term refinancing. But what is the difference? With a cash-out refinance, you can pull cash from your home’s equity – imagine a direct...Read More

You’ve heard it on the news, from family and friends, and on social media – rates are low! What does this mean for you? In a typical mortgage payment, your monthly payment breaks down into four or five categories: Principle – The amount that goes toward paying down your balance. Interest – The amount you...Read More

If you are looking to purchase a new home, or refinance your existing home, chances are you’ve asked the question, “What’s the best rate?”. While your interest rate is important, it’s not the only question you should ask your lender. Below is our list of questions that we suggest borrowers ask before making their home...Read More

We are proud to support the brave men and women who protect our communities. Every month, we will recognize a member of law enforcement through our Nominate An Officer program. The monthly recognition includes: a write-up on our website and social media channels thank you gift and, a donation, in the Nominee’s name, to the FOP charity of...Read More

If you’re about to close on a new home, congratulations! Your hard work has paid off in this competitive real estate market and you’re one step closer to homeownership. Between now and your closing day, there are a lot of moving pieces that will be coordinated – your home inspection, appraisal, updating loan documents, and...Read More

You’ve heard the phrase, but why is home equity something that you should desire? Simply put, home equity is the amount of money you receive when you sell your home at market value after repaying your mortgage. It’s one of the best reasons to consider buying over renting! How to calculate Already own your home and curious...Read More

We recognize the special place that our pets have in our lives, so it’s important to consider their needs when searching for your forever home. We’ve outlined the top five criteria to consider when house hunting: 1. Does the home have an HOA? A Homeowner’s Association (HOA), is an organization that maintains and regulates the...Read More

On Friday, May 8th, 2020, Direct Mortgage Loans went LIVE with a Mommy & Me, Mother’s Day inspired craft. Our very own, Emily Oliverio taught viewers how to create a thumbprint keepsake. Click here to watch the recorded video, or follow the directions below to create your own handprint heart craft.  Read More

No amount of social distancing could keep us from recognizing excellent accomplishments across DML. Each year, Scotsman Guide, Mortgage Executive Magazine, and National Mortgage News complies a list of the nation’s Top Mortgage Originators. These lists recognize top mortgage professionals on their hard work, dedication, and outstanding performance. Partner, Mike Naylor shared, “We are so proud...Read More