LAKE GODBOLDO DEVELOPMENT LLC

Nexa Mortgage LLC

NMLSl # 1660690

LO NMLS# 132332

877-900-1491

248-438-6223

ggodboldo@nexamortgage.com

Guy Godboldo
Should I Buy a Home Now or Continue Renting?

Should I Buy a Home Now or Continue Renting?

On your path to homeownership, you may be unsure when it makes the most financial sense to take the plunge. Monthly mortgage payments can sometimes be more expensive than rent prices, and there are additional costs associated with owning a home. While tha

Sep 29, 2022 | Purchasing a Home

Understanding LTV Ratios

Understanding LTV Ratios

LTV Defined The loan-to-value ratio is the comparison of the mortgage balance to the market value of the home. It is calculated by dividing your loan amount by the value of the property you currently own or the one you want to buy. For example, you want

Sep 22, 2022 | Purchasing a Home

How A Bridge Loan Can Help You Build a New Home

How A Bridge Loan Can Help You Build a New Home

In today’s housing market with sparse inventory, many people are opting for new builds or even to build their own custom homes.  If you’re interested in building on a piece of property but unsure how to afford the cost until you sell your current home, a

Sep 13, 2022 | Purchasing a Home

What is the Difference Between Conventional and FHA Appraisals?

What is the Difference Between Conventional and FHA Appraisals?

A home appraisal is an essential part of buying a home and getting mortgage financing. An appraisal determines the current market value of the property and helps lenders determine if the amount of money they are lending you for the sale is appropriate. If

Sep 08, 2022 | Purchasing a Home

Buying a Vacation Home: A Quick Guide

Buying a Vacation Home: A Quick Guide

Having a second home for weekend or summer escapes is a priority for many Americans. If you’re interested in buying a vacation home, here’s a quick guide to the essential steps: Determine If You are Buying a Second Home or a Rental Property Many people

Sep 06, 2022 | Purchasing a Home

On-Time Rent Payments Can Now Help You Qualify for a Home Loan

On-Time Rent Payments Can Now Help You Qualify for a Home Loan

One of the major barriers to homeownership for first-time homebuyers is their limited credit background. It takes time to establish a full credit history, and only certain types of regular payments, like auto loans, student loans, credit card payments mak

Aug 25, 2022 | Purchasing a Home

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