Working with an internet lender may or may not be in your best interests. Whoever you hire to help you with mortgage loan financing should be well-versed and experienced in mortgage financing. Here are 3 things you will never hear from an internet only lender…. If you don’t fit our programs, you probably will not…
Looking to buy a primary home or maybe a move up home, but don’t have any cash? Following are some programs they could be available to you to help you purchase a house… VA financing… if you are a military veteran you can purchase a house with no money down using a VA loan. The…
To purchase a rental property the consensus down payment needed 20%. However, the requirement to purchase a rental property is much lower than you think. Here’s what you need to know if you’re buying a rental property…. To purchase a property for rental income purposes 15% down is the requirement. If you’re purchasing a rental…
The Sonoma County housing market has an average housing price at 648,000. Housing prices in Sonoma County are indeed expensive. Following is what you need to know if you plan to buy a house in Sonoma County in the current market… 1. You don’t have a down payment or any access to cash. In a…
Co-signing is a way to help a family member or a friend get approved for credit. When you co-sign on someone else’s mortgage you are effectively lending a portion of your credit and income to help someone else qualify. Here’s what co-signing means when it comes time to getting a mortgage… If you have a…
Condo units are easier on the pocketbook than single-family residences. Condos offer home ownership at a fraction of the cost but like all real estate comes with different nuances. Here’s what you need to know when purchasing a condo unit… How much do you qualify for? This should be priority number one for all home…
The median house price in Sonoma County recently hit $670,000. If you feel there is simply not enough inventory to choose from you may want to think again. Here is why… First order of business-what does your financial capacity support purchasing? Your buying power is your future. Put another way if your buying power supports…
Balancing a mortgage payment with other monthly liabilities in your life can be a balancing act. Here’s some tips to follow when trying to juggle liabilities, while still being able to save money. The ideal Financial profile is healthy blend of cash, credit and income. Simply put, the optimal financial profile would be to…