One of the biggest challenge for self employed individuals in the process of purchasing or refinancing a home is the documentation of income. Over 90% of mortgage transactions are underwritten using a traditional income analysis in which a mortgage bank...
It has been estimated that over 7 million people lost their homes in either a short sale or foreclosure between 2007 and 2014. Many of these people are looking to re-establish home ownership and are curious as to how...
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...
You earned a college degree because you wanted to improve your life. You wanted to increase your chances of working in a fulfilling, rewarding, and financially-secure career, one where you could flourish and have a high-quality income. For good reason,...
We’ve seen interest rates gradually rise over the past 12 months or so both as a result of credit market forces as well as a direct result of actions taken by the Federal Reserve. Last March the Fed raised...
The home loan process can be a challenging experience for the self employed borrower looking to purchase or refinance a home. Much of the confusion can be attributed to the calculation and documentation of income that a mortgage bank...
Refinancing with our minimum-down-payment program allows you to get a top-quality loan on your home. Whether you want to make more investments, or simply prefer to have liquid capital ready when you need it, this program gives you plenty...
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...
What is a Non-Qualified Mortgage (Non-QM) and how does it help Southern California homeowners? First, a brief history on what makes a mortgage loan product a "QM", or “Qualified Mortgage.” The Consumer Financial Protection Bureau (CFPB) is an independent agency...
  A manufactured home is a type of housing that includes modular homes and is typically constructed at a factory and then assembled on-site. Not only is Not only is cost of construction usually far less than traditional stick-built homes,...