If you are purchasing a new home, but can’t afford to carry two mortgages as you sell your existing property, bridge loans could provide the perfect solution.
Bridge Loans: Spanning the Financial Gap from Old Home to New
Sometimes called…
While they share similarities, there are clear differences between buying a second home and purchasing an investment property.
A second home is simply an additional property that you can use as needed; either for enjoyment, family purposes, or professional reasons.…
Mortgage loans for personal property are fairly common, and most people understand the purpose and basic details behind this financing.
Loans for investment property, on the other hand, are a little different. Fewer people use them, which means fewer people…
Jumbo loans have a higher level of risk than many other loan products. To compensate for this risk, many lenders require a larger downpayment, as high as 20% or more, which, on a jumbo loan, can equal hundreds of thousands of dollars.…
In an industry full of misconceptions, misinformation, and misinterpretations, jumbo loans might be the most misunderstood mortgage of all. These loans, which are by definition larger than the limits set by conventional loans, can vary widely from lender to lender, leading to…
If you are self employed, or if you work on a commission-based salary, you must understand the benefits of bank statement loans. Traditional loans require paystubs and tax returns to verify income, but many professionals work in careers that make using these…
Securing a mortgage loan under an LLC brings many advantages. But while most people understand how to obtain a personal mortgage loan, few borrowers know the process for an LLC.
The process, while similar, is slightly different, but it all…
Our no-income loans for investment properties are a great way to complete a purchase when traditional methods won’t work. For many investors, including self-employed and commission-based professionals, the use of pay stubs, bank statements, and tax return may not result in easy…
Our no-income loans are an excellent option for investors. Traditionally, loan products require extensive documentation of income, which can include bank statements, tax forms, and paystubs, among scores of other information.
This product, however, allows you to get financing without…
As a first-time homebuyer, you have a lot to consider.
There are new terms, new information, and important concepts to learn. In many cases, the confusion is compounded by “advice” from friends, family, real estate agents, lenders, and more; advice…
We are proud to offer one of the best no-income investment-property loans available on the market. This loan program offers clear advantages that make it one of the most popular options for borrowers looking to create or expand their portfolio of investment…