On June 3rd Freddie Mac announced changes to Freddie Mac conventional mortgages for single family homes with granny units. These changes allow for expanded financing on Freddie Mac mortgages. So, if you’re … [Read More…]
BAD CREDIT MORTGAGE
why your mortgage application could be denied
Getting a mortgage is not as simple as showing your ability to pay, having good credit, and a good down payment. It also must pass a test period of Fannie Mae and … [Read More…]
How to turn a pre-approved buyer into a cash buyer
As the real estate market continues to become increasingly competitive, you might find yourself making offers on homes above asking price. Possibly even waiving contingencies on the advice of your real estate … [Read More…]
Five guaranteed ways to improve your home purchasing power
It is no surprise that interest rates are on the rise. As interest rates rise home spending power i.e., buying power diminishes. If the same loan amount and the same purchase price … [Read More…]
The best way to cash out refinance your home
Consumers are no stranger to the present economic times we are living in right now as everything is rising, and inflation is rampant virtually everywhere. Gas prices, stock prices, housing prices, mortgage … [Read More…]
Why not all first time homebuyer programs are created equal
If you are just starting off in life and trying to get your footprint in the real estate climate; the information in this post is for you. Everyone must start somewhere and … [Read More…]
Should you refinance during rising rates?
If you’re thinking about refinancing your house and you’ve been on the fence; now would be a good time to start that application. Interest rates are all relative so it’s important to … [Read More…]
Should you refinance your current mortgage?
People looking to refinance their homes are always looking for a good deal. It goes without saying you’ll want to do the best you can for yourself financially. Get the best combination … [Read More…]