Jamie Goulas

Loan Officer Primary Residential Mortgage

January 12 2018

FICO Scores on Approved Home Loans Drop Again

According to Ellie Mae’s latest Origination Report, the average FICO Score on all closed loans dropped to 722 which is its lowest mark since April. The average includes all approved refinance and purchase loans.

The report also revealed that those who purchased homes in December with an FHA Loan were able to do so with an average down payment of 4% and a FICO Score of only 684.

More and more potential buyers are able to qualify for a mortgage loan now! If you are debating a home purchase, let’s get together and evaluate your ability to buy today!

Give me a call today!

April 6 2018

Interesting facts on VA loans.

•Since the creation of the VA Home Loans Program, 22 million veterans have been able to achieve the American Dream of homeownership.

•In 2017, $188 billion was loaned to veterans and their families through the program.


April 1 2018

Happy Easter!

March 21 2018
Connecticut Housing Finance Authority

Connecticut Housing Finance Authority

CHFA's Interest Rate Update: Rate good until Friday, March 23 until 11:59am

Give me a call today to see if you qualify for this program!

March 16 2018

The Cost of Waiting to Buy!

•Interest rates are projected to increase steadily heading into 2019.

•The higher your interest rate, the more money you end up paying for your home and the higher your monthly payment will be.

•Rates are still low right...  

March 13 2018

You Can Save for a Down Payment Faster Than You Think!

What if you were able to take advantage of Fannie Mae’s 3%-down programs? Saving for a down payment could become possible in a year in CT as shown on the map below.

Whether you have just started...  

March 11 2018

It's Time to Spring Forward One Hour this Sunday, March 11th at 2am.

And when its time to "Spring" into another home and you need a loan, call me!

Remember I am never too busy for your referrals.

March 9 2018

The Difference An Hour Makes

•Don’t forget to set your clocks forward this Sunday, March 11th at 2:00 AM EST in observance of Daylight Saving Time.

•Every hour in the United States: 614 homes are sold, 81 homes regain equity (meaning they are no...  

March 5 2018

On Friday CHFA issued Bulletin 137 stating CHFA loans using Down Payment Assistance (DAP) will be limited to funding up to 100% CLTV (previously 105% CLTV). This will go into effect on April 1, 2018.

What does this mean for new borrowers?

On April...  

February 28 2018

It’s Tax Season… Use Your Refund to Jump Start Your Down Payment Savings!

Saving for a down payment can seem like a daunting task. But the more you know about what’s required, the more prepared you can be to make the best decision for you and your...  

February 23 2018

The Mortgage Process: What You Need to Know

•Many buyers are purchasing a home with a down payment as little as 3%.
•You may already qualify for a loan, even if you don’t have perfect credit.

Take advantage of the knowledge of your local professional...