The Raheja Team
Your Mortgage Expert
Prospect Mortgage LLC
630-660-6376
Ridhi.Raheja@prospectmtg.com
Welcome to our site!
Thank you for stopping by our mortgage web site. Even though we have taken special care and consideration to pack this online resource with a wealth of knowledge about the mortgage and real estate process, we want ...
8 Questions Your Lender Should Answer About Mortgage Rates
Simply checking online for today's posted rate may not lead to your expected outcome due to the many factors that can cause each individual rate and closing cost scenario to fluctuate. We can preach communication ...
How Much Can I Afford?
How much mortgage money can I qualify to borrow? This is typically the number one question mortgage professionals are asked by new clients. Of critical importance when considering mortgage financing: There is sometimes a difference between what a client ***can*** borrow and what they ***should*** borrow. In other words, what makes for a comfortable long-term mortgage payment? The Quick Answer: If we're simply considering the financial math, lenders will calculate your Debt-to-Income ... Read More...
Four Possible Reasons To Refinance
A mortgage is generally the largest debt most homeowners have to manage. It's a good idea to give your personal real estate finance portfolio a check-up at least once a year. Since there are many reasons a ho ...
Dow Lost 365 Points - Should I Care?
Dow Jones lost 635 points in today's trading . Should you care as a Realtor , as a consumer or as a person who sells mortgages? I wish the answer was simple. Everybody kept on saying if our ratings get downgraded , our short term rates would go up and borrowing costs for everybody would go hig ...
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Someone's Buying Your Name...and You Don't Even Know It!
Your name is actually worth quite a bit. The only problem is that you aren't the one benefiting from it. Very few people realize that each time their credit is checked, the information provided to the credit bureaus (Equifax, TransUnion, Innovis) immediately becomes a commodity that is sold no ...
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How Do I Know What To Offer For The Home I Love?
So How do you know what is the right amount that you need to pay for the house you would like to buy? You would think with the glut of homes on the market and the media screaming nonstop that the home prices are going down, down and down so much more that it would be easier to buy ...
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Case Schiller Says Home Prices Are Down And CoreLogic Says Home Prices Are Up!
According to Case-Schiller Home Price Index, Home Price Index Has Hit New Low
CoreLogic Home Price Index shows First Month-Over-Month Increase since Mid-2011
Please somebody help me! Do I buy/sell a home now or wait for prices to do down f ...
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You Don't Need To Be A U.S. Citizen To Buy A Home
No, you don't need to be a U.S. Citizen to buy a home. Lots of non-citizens and permanent resident aliens and some non-permanent residents buy homes, with FHA,VA,USDA mortgages as well as conventional mortgages. What people get confused with is that if you are a foreigner and just have a Vi ...
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How to get the Lowest Mortgage Rates Today
How to get the Lowest Mortgage Rates Today
When borrowers start shopping for interest rates, they seem to ignore a very important part of the interest rate equation: The Total Cost of Mortgage. With the onslaught of online lenders and all their competition, most interest rates from different le ...
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Ridhi Raheja
I am an experienced, efficient, and courteous loan professional that works hard to provide you with the best home loan options and ensures your loan is closed smoothly and in a timely manner. I am backed by the strength of a company that is a multibillion-dollar direct lender. The peace of mind that comes from working with a lender that has the expertise and technology to find the ideal loan program for your unique needs.
