Your Guide to Reserve Requirements Related to a Jumbo Loan

With home prices on the rise, especially in markets like New York and San Francisco, it’s common for mortgage loan amounts to exceed the...

Understanding The Condotel Concept

What is a Condotel? A condotel is a condominium building, usually a high-rise, located in a major city or in a famous resort with an...

Investment Condo: Purchasing a Condo as an Investment Property

Regardless of the real estate seminar or property flipping reality television show that you devote your loyalty, there are two very basic economic objectives...

Can You Afford to Buy a House? Try a Mortgage Calculator with Taxes and Insurance

Buying a house is one of the biggest financial estimates most of us will ever make. As you get older, the idea of purchasing...

Manufactured Housing Loans: What You Need to Know

If you are looking to purchase a manufactured home as your residence, you have many options available. Understanding the different organizations, as well as the...

What to Expect From a Home Loan on a non-warrantable Condo

The residential mortgage industry has seemingly endless amounts of jargon and abbreviations. Here is what to expect from a home loan on a non-warrantable...

History of Construction Defect Litigation

In 1958 Puerto Rico created the first condominium legislation, effectively making Puerto Rico the first place in the Unites States to start building condominiums. The...

Financing a Condominium

The loan process for purchasing or refinancing a property that is classified as a “Condominium” can have some additional requirements that in some situations...

Purchasing after a Short-Sale or Foreclosure: 3 Steps

The housing market that began to rebound in 2012 has finally brought with it some good news for borrowers, particularly for homebuyers and existing...

Purchase a Home within Seven Years of a Foreclosure

If you have had a foreclosure on any property within the past seven years, your home loan options are limited. Conventional mortgage loans underwritten...