Choosing a loan can be difficult. With so many programs and options, knowing which one is right for your needs is confusing, overwhelming you to the point of frustration. But there is a right loan for you.  While every person...
Right around mid-December of last year (2017), we wrote about the Federal Reserve raising the benchmark federal rate from 1.25% to 1.5%. This increase was in response to a growing economy and the then-upcoming tax changes, which were passed...
When qualifying for a loan, it helps to use as much of your income as possible. If you’re retired, this creates challenges, as you likely receive limited incomes from multiple sources, such as a 401(k), IRA, or mutual fund...
There are many myths in real estate. For example, some people think you need a 20% down payment. Others assume you must be completely debt-free to qualify for a mortgage. Some even assume you must have flawless credit. While...
Trying to come up with a home budget is extremely difficult, and it can leave many upcoming buyers frustrated and confused. How much is too much? Is there a bottom-level that we should be aiming for? What is the...
If you are retired and need a new home, approval for a mortgage can be difficult. You no longer have a regular income from work, and the income you do receive comes from a wide variety of sources. To...
There is exciting news coming from Freddie Mac! With new guidelines related to loans for condominiums, the mortgage company is making it easier than ever to purchase a comfortable, convenient condo. These changes impact many different factors, but the...
If you rent a room to a tenant, you may be able to use their monthly rent checks as qualification for your next home loan. Assuming you can demonstrate that they have lived with you in the past and...
We have some exciting news to share with you! Starting November 1st, 2018, we will be offering bank-statement loans with only 10% down up to $3 million. To make this opportunity even more exciting, real estate is now eligible...
Investing in rental property is one of the most reliable and profitable investments you make. Of course, it’s never a sure thing (nothing in investments ever is), and you can certainly lose a lot of money when you purchase...