Why Are Millennials Money Hungry?

Millennials have consistently been the butt of jokes in the last decade. Many older generations criticize millennials for not preparing for their future or being lazier than previous generations. But these stereotypes are largely inaccurate. In fact, 63 percent of millennials are saving their money, according to Bank of America’s Better Money Habits millennial Report. Read More…

Student Loan “Cash-Out Refinance”

The new changes Fannie has put into place will waive the increased fees & higher interest rates associated with “traditional cash out” refinance transactions. Mortgage Lenders (including Griffin Funding) have changed how student debt is calculated by accepting the student loan re-payment amount listed on the clients credit report. Previously, lenders were required to factor in 1% of Read More…