Many people wonder what factors contribute to the credit score. The score is the result of a complex formula that follows these general guidelines: 35% Payment History 30% Outstanding Balance 15% Credit History 10% Types of Credit 10% Inquiries Some tips: Spread credit card balances over multiple cards to stay below 50% of limit. When […]

It took me some time to come around and accept that mortgages can be good debt, if the property is well chosen and the mortgage is properly planned. It is the key to accelerating your wealth growth. Your initial challenge is getting over your fear of debt, and wiping away the generalities you have learned […]

So you may be wondering, why the name ‘My Mortgage Sherpa”? The Sherpa are an ethnic group from the most mountainous region of Nepal, high in the Himalayas. They are highly regarded as elite mountaineers and experts in their local terrain. Sherpas were of immeasurable value to early explorers of the Himalayan region, serving as […]

Okay, it is time for me to stop keeping things to myself. In this blog I will share information and insights about mortgages, real estate investing and real estate investment mortgages. Mortgages for real estate investment property is a very TINY sliver of the mortgage lending market. Add to that several existing rental properties in […]