Refinance Your FHA loan with FHA Streamline – Get a Lower Mortgage Rate With No Appraisal!

Reliant Mortgage is proud to offer the FHA Streamline refinance, a loan program designed to help homeowners in MAINE take advantage of today’s extremely low mortgage rates and get a lower rate and payment on their FHA loan. What is an FHA Stream ...
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Tired of hearing about Historic Low Rates?

If you are the average homeowner your probably getting sick of hearing every few months the catch phrase "historic low rates".  It's about as common now as your local furniture store going out of business every other month. But as Mortgage Professional, we really do need to alarm people of every sm ...
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Why Rent: Advantages of Home Ownership

It's staggering when you think about the cost of living, especially if you're a renter and not a home owner. If you are currently paying $1,000 a month for rented housing, over the next three years your property management company will effectively have reaped $36,000 of your hard earned cash. In mos ...
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Seven Things Your Agent Should Know About Your Mortgage Approval

While many experienced real estate agents have a general understanding of the mortgage approval process, there are a few important details that frequently get overlooked which may cause a purchase to be delayed or denied. New regulation, updated disclosures, appraisal guidelines, mortgage rate pric ...
Read More...


Do I Need To Sell My Home Before I Can Qualify For A New Mortgage On Another Property?

Although every situation is unique, it is not uncommon for homebuyers to qualify for a mortgage on a new home while still living in their primary residence. Perhaps you are outgrowing your current house, or have been forced to relocate due to a job ...
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What Do Appraisers Look For When Determining A Property's Value?

Most people are surprised to learn what appraisers actually look at when determining the value of a real estate property. A common misconception homeowners generally have is that the value of their home is determined after the appraiser has completed their physical property inspection. However ...
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Where Does My Earnest Money Go?

Hey, I gave my real estate agent a $5000 Earnest Money Deposit check... Where does that money go? A basic and very obvious question that most First-Time home Buyers ask once their purchase contract gets accepted. According to Wikipedia: Earnest Money - an earnest payment (sometimes called earnest money or simply earnest, or alternatively a good- ...
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Renting vs Buying A Home

Buying a home versus renting is a big decision that takes careful consideration. While there are several biased sources that can make arguments for or against owning a home, we've found that most home buyers base their ultimate decision on emotion. Yes, there are some tax advantages of owning real estate, as well as the potential to earn equity ...
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What Does Title Insurance Protect Me From?

By including title insurance when purchasing property, your title insurer takes on accountability for legal expenses to defend your property title, should it ever be challenged. Many different occurrences can come into play to warrant the need for title insurance. The title company responsible wi ...
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Understanding the FHA Mortgage Insurance Premium (MIP)

* Disclaimer – all information in this article is accurate as of the date this article was written * The FHA Mortgage Insurance Premium is an important part of every FHA loan. There are actually two types of Mortgage Insurance Premiums associated with FHA loans: 1.  Up Front Mortgage Insurance ...
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Refinance Your FHA loan with FHA Streamline – Get a Lower Mortgage Rate With No Appraisal!

Reliant Mortgage is proud to offer the FHA Streamline refinance, a loan program designed to help homeowners in MAINE take advantage of today’s extremely low mortgage rates and get a lower rate and payment on their FHA loan. What is an FHA Stream ...
Read More...

Tired of hearing about Historic Low Rates?

If you are the average homeowner your probably getting sick of hearing every few months the catch phrase "historic low rates".  It's about as common now as your local furniture store going out of business every other month. But as Mortgage Professional, we really do need to alarm people of every sm ...
Read More...


Why Rent: Advantages of Home Ownership

It's staggering when you think about the cost of living, especially if you're a renter and not a home owner. If you are currently paying $1,000 a month for rented housing, over the next three years your property management company will effectively have reaped $36,000 of your hard earned cash. In mos ...
Read More...

Seven Things Your Agent Should Know About Your Mortgage Approval

While many experienced real estate agents have a general understanding of the mortgage approval process, there are a few important details that frequently get overlooked which may cause a purchase to be delayed or denied. New regulation, updated disclosures, appraisal guidelines, mortgage rate pric ...
Read More...