Condo ownership is a wonderful option for many people across the country. It not only provides affordable living, with little to no maintenance or yard work, it can be more convenient for people who are either incapable or simply...
Qualification for a jumbo loan can be complicated, but with bank-statement loans, you have a better chance at mortgage approval, allowing you to secure the top-quality loan you need for a wonderful home. This program is available for self-employed...
Without having been involved either buying or selling a home you probably don’t know what an escrow officer does. However, that person is one of the more important pieces in the transaction puzzle. There are plenty of people involved...
It’s one of the biggest roadblocks on the path to homeownership. So big, in fact, that it keeps some people from even considering owning a home. It’s the downpayment. Raising even a small down payment can be incredibly tough...
Avoiding Real Estate Contingencies Let’s face it, buying or selling a home is a stressful experience for most people. This is why we want to make the process as quick and painless as possible for you. However, real-estate transactions...
When home buyers begin to think of buying a home, there are some major considerations to make. Certainly, the price range of the future property is important as well as getting comfortable with the projected monthly payments including not just...
Texas uses an escrow agent, closing agent, or representative from the title company to complete the real estate transaction. As the borrower, your funds, as well as the purchase contract, are held in escrow by a neutral...
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...

Jumbo Reverse

For homeowners that are 62 or older, they’ve had access to the Home Equity Conversion Mortgage, or HECM. The HECM turns some of the current equity in the home into cash payable directly to the owners of the property....
When saving for a down payment, you might assume that you can simply use any money in your account. From life savings to inherited money to personal gifts, it’s all available for use...right? Not exactly. Using gift funds as a...