After a bankruptcy or foreclosure, you might assume that getting a mortgage would be virtually impossible. There’s no way you could possibly be approved for a loan; after all, it’s commonly assumed that the standard waiting period for an...
“Derogatory credit events,” as Fannie Mae calls them, can significantly harm your chances at a home loan. But with a little knowledge and a bit of patience, you can get an affordable loan for the comfortable house you deserve. Why...
Looking for a loan that will allow you to purchase a property and make renovations? You’ll have a few options to choose from, but the best may be a HomeStyle loan from Fannie Mae. Let’s explore why these renovation...
If you want to purchase a single parcel of land, the process is fairly simple. There is a clearly-defined, well-understood system for purchasing a single piece of property. Whether that property is for personal use, development, or commercial gain,...
Owning rental property is a great way to create a strong financial future, but if you’re purchasing your first unit, keep these tips in mind before you buy… 14 Tips for Purchasing Your First Investment Property 1. Talk with Other Landlords...
Investing in residential property is a steady, consistent, and profitable way to leverage your capital. Not only does residential property grow in value (in almost all cases), it also brings a consistent income while you own it. From single-family...
Purchasing your first home can be scary. For years, you’ve been told that homeownership is essential for financial success, but when it comes time to make the purchase, it can be easy to hesitate. Renting might seem like a...
Getting a Jumbo Loan Down Payment Under 20% The prospect of putting a 20% down payment toward even modest home loans can discourage many potential homeowners. Wading deeper into jumbo loan down payment territory can make a 20% down payment...
Jumbo loans often require a large down payment, sometimes as high as 20% just to qualify for the financing. Unfortunately, this creates a massive hurdle for many would-be buyers, but San Diego Purchase Loans can help. By offering jumbo...
Bridge loans are an important tool to keep the real estate industry moving. Without them, many home sales would be extremely difficult, as financing from one home to another creates issues for both the buyer and the seller. When...