fbpx
For those who hear the term “mortgage insurance” for the first time and outside the process of buying a home or refinancing an existing one, they might automatically think that mortgage insurance is an insurance policy that makes the...
The Federal Reserve has increased interest rates for the third time this year, a move that shows growing confidence in the state of the economy. The benchmark federal fund rate is moving up a quarter of a point, from...
Fannie Mae is an important part of the American real estate market. This government-backed company doesn’t provide loans, but instead purchases mortgage loans from lenders, which can include banks, credit unions, and mortgage companies. The company holds mortgages as...
Who is the “owner-occupant” in a home? For most properties, it’s easy: the home-owner. The typical mortgages/homeownership situation has a person that purchased the home and lives there on a permanent basis, either alone or with his or her family....
In June of 2018, Fannie Mae announced significant changes to their guidelines regarding the review of condos. The government-backed company will now allow a limited review for the purchase or refinance of a condo unit if the borrower can...
Having multiple debts, including car loans, student loans, credit cards, and personal loans can create significant challenges to your finances, complicating your budgets and making it difficult to stay organized. In most cases, it would be easier to have...
Investing in property is one of the most reliable and consistent ways to build a solid income and a healthy financial future. While nothing is guaranteed in property investments, and there are certainly examples of failure, this has become...
Our no-income investment property loans can be useful for almost any borrower, but you will find these loans are especially popular for certain types of investors. Instead of using typical income documents, such as pay stubs and tax returns, you...
January 30th, 2020 Update: Fannie Mae Direct loans are now available to any employee in the cannabis space. This was not the position when this article was written, so contact us for more information.  According to an article from Business...
Investing in property is an outstanding way to build a strong, profit-making portfolio. While there can be higher levels of risk and (in most cases) a lot more work involved, investment properties can bring a steady income, often outpacing...