It’s quite possible you’ve heard of this term but not truly understand what it means. But to understand its meaning perhaps it’s easier to first get clear on what a non-arm’s length transaction is. It’s a figurative term which means...
Are you exploring the option of buying and financing a manufactured home? If you are, you’re not alone. Today, there are more than 10 million such homes here in the United States used both as a primary residence as well...
You’ve likely noticed the emergence of cable TV shows that feature buying “fixer uppers” over the past few years. There is also no shortage of real estate “gurus” that travel from city to city holding real estate investment seminars showing...
Many people are waiting to purchase a home, but need to save for a down-payment in order to get the home they want. Unfortunately, property prices are going up, so as you save money, the amount you keeping increasing....
  When looking at the entire mortgage marketplace, only a very few loans are issued to foreign nationals. Yet for someone needing financing for a foreign national it can be difficult to find a home loan to finance property here...
When lenders accept a mortgage loan application for a residential property there is in effect two separate loan approvals - one for the borrower and one for the property. The borrower must be able to show sufficient income to...
Only recently have home values recovered their earlier losses that occurred during the housing debacle of the last decade. Today, we’re still feeling the effects of the loose lending standards that caught too many in a bad situation but as...
Residential loans are often made to individuals and couples, helping them secure property to improve their lives and financial standing. However, residential loans can also be made to business entities. These loans help businesses gain operational advantages, and can...
To the casual observer, it probably makes very little difference if a loan is “QM” or “non-QM.” And unless you’re in the mortgage business you probably have no idea what the designation actually means. But it is a big...
If you ask an experienced real estate investor who owns multiple properties how they got started in real estate, don’t be surprised if the response is they first bought a duplex or a fourplex. The reasoning is that the...