Let’s say if you are in the market to be buying a home. In the current environment here some things you might want to be aware of with regards to acting on a house that’s affordable and within your budget… You have found the family home that you could afford and it is priced at…
It goes without saying getting mortgage loan financing could be a little bit of an arduous process for some folks particularly those who have challenges showing income are in the self-employed category. The stated income loans and the loans that were created for self-employed borrowers unfortunately are very far and few these days and in…
In today’s market to be successful in getting mortgage financing you need to be realistic about what you can afford what you can expand and what your financial situation will support. Hear 3 different ways to look at buying a home so you can figure out where you are in the bigger picture of things…
One of the types of homes people tend to look at in a high-cost market is manufactured homes. If you’re in the market for buying a house or even refinancing a house that you already home here are all you need to know about manufactured homes… Manufactured homes are built in a factory and shipped…
When it comes to purchasing a home especially a first home what you decide to purchase can affect your affordability. Here’s what you might want to think about when you’re deciding to purchase a condo versus a single-family house… When you purchase a condo your payment is comprised of principal, interest, taxes, and insurance and…
Interest rates are a big driver of the mortgage market. People purchasing houses and refinancing houses are taking advantage of today’s historically low rates. Here are some fundamentals you should be aware of when it comes to interest rates and what the market may or may not do going forward… First things first what drives…
FHA Loans are one of the most flexible loan programs available in the US housing market today. They are incredibly flexible only require a 3.5% down payment and offers very makes sense underwriting. If you’re looking at an FHA loan however and you already own a house and your desiring to borrow money to buy…
When buying a home most would believe the number one most important thing you need to be focused on is what you pay for the house. Mom and dad who bought their house years ago, Grandma and Grandpa who bought their house back in the early 1980s when housing prices were $40,000 all have an…