For consumers who purchased their homes or took out any kind of residential mortgage loan in 2022 the future prospect of refinancing can seem very attractive. Here are some things you might … [Read More...] about What’s the magic interest rate to refinance your mortgage?
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Why an FHA Mortgage is by far the best out of the box loan option to buy a house
FHA loans which are loans ensured by the federal housing administration oftentimes have gotten a bad rap, for the costs associated with them as well as the types of properties that will be … [Read More...] about Why an FHA Mortgage is by far the best out of the box loan option to buy a house
Why you might want to consider a DSCR loan to buy a rental property
What is a DSCR loan and how can this type of financing help you purchase a rental property portfolio? In Q3 2022, the DSCR loan emerged as a viable option for investors looking to buy a … [Read More...] about Why you might want to consider a DSCR loan to buy a rental property
How does seller carry financing work to buy a home?
What is seller carry financing and how does it work to buy a primary home? As we enter the 2023 real estate market, creativity is the name of the game as long as interest rates remain above … [Read More...] about How does seller carry financing work to buy a home?
4 proven ways real estate will make your wealthier
If you're thinking about buying a home, good, it's a sound financial decision and it's the bedrock by which most Americans in America have created wealth for themselves and their families. … [Read More...] about 4 proven ways real estate will make your wealthier
Are you self-employed and having a tough time getting a mortgage?
Are you self-employed and having a tough time getting a mortgage? Here's what you need to know... When it comes to being self-employed one of the biggest challenges that you're going to … [Read More...] about Are you self-employed and having a tough time getting a mortgage?
What to do when you’re told you can’t qualify for a mortgage
If you're trying to purchase or refinance a home and you've been turned down, read on. Perhaps your income is not up to par, or your credit score is not up to par or there's some sort of … [Read More...] about What to do when you’re told you can’t qualify for a mortgage
How to get an FHA Mortgage on a non Hud Approved condo
For would-be borrowers looking to purchase or refinance a condominium unit and looking for government financing such as a VA loan or an FHA loan, you might come to find getting such a … [Read More...] about How to get an FHA Mortgage on a non Hud Approved condo
How assumable mortgage loans work
If you've been thinking about buying a home and have been discouraged about interest rates you might be able to assume the seller’s mortgage. Think it's too good to be true? It's not. Here's … [Read More...] about How assumable mortgage loans work
New Mortgage Loan Limits for 2023
The Federal Housing Finance Agency announced on Tuesday, November 29th the new loan limits for 2023. The new conforming loan limit has increased and has been year over year 7 years in a row. … [Read More...] about New Mortgage Loan Limits for 2023
How to buy a home 2-1 and 3-2-1 Buydown Program
If you're thinking about purchasing a home and you're worried about the mortgage payment. Fear not, some, but not all mortgage companies might offer a buy-down program allowing you to get a … [Read More...] about How to buy a home 2-1 and 3-2-1 Buydown Program
How a future recession may impact your plan to buy a home
If you’ve been thinking about purchasing a home and you’ve been on the fence because of economic conditions. The following information could assist you in helping to determine when and/or if … [Read More...] about How a future recession may impact your plan to buy a home
Is the mortgage rate or the purchase price you pay for a home more important?
If you’ve been thinking about purchasing a home and you’ve been on the fence because you’re just not sure about the right time, the information that’s going to follow is for you... Trying … [Read More...] about Is the mortgage rate or the purchase price you pay for a home more important?
Why are current mortgage rates so high?
People who are thinking about getting a mortgage to buy or refinance a home are having shell shock relating to the costs associated with doing a mortgage transaction. It’s not as simple as … [Read More...] about Why are current mortgage rates so high?
5 reasons you’re not ready to buy a home
Buying a home is considered to be the American dream. Buying a home however is also not for everyone as it requires careful consideration of planning, a little bit of success, and the right … [Read More...] about 5 reasons you’re not ready to buy a home
