By using a different form of information to verify a borrower’s income, bank-statement loans make mortgages available to many people who might otherwise struggle with financing. If you have a unique career, or simply want to improve the terms...

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....
For those not familiar with the term “reverse mortgage” they’re not alone. And even for those that have heard the term used it’s still a bit counterintuitive. Officially it’s called the Home Equity Conversion Mortgage, or HECM (heck-um) and is...
Regardless of the real estate seminar or property flipping reality television show that you devote your loyalty, there are two very basic economic objectives of purchasing residential investment properties. Cash-Flow- The proceeds of rental income after the expenses of...
Virginia uses a settlement agent who is either an attorney or a representative from a title company. This person is used to complete the purchase and prepare all closing documents. When buying a home in Virginia, the buyer...
You’ll hear it from everyone you talk to. Your friends and family will all tell you that if you have a low credit score, purchasing a home is nearly impossible. If you are fortunate enough to get approved, they...
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...
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...
Education is vastly important. But student-loan debt, which is estimated at about 1.3 trillion dollars, represents a serious burden to individuals, as well as the national economy. The real-estate market is considered one of the pillars of American prosperity, and...
One of the largest hurdles towards home ownership is the down payment. With tight budgets and high costs of living, it can be tough for hard-working people to save enough money to have a substantial down payment. With no down...