A secondary home can provide convenience, luxury, and a heap of enjoyment to your life. Financing, however, can be a challenge for these homes. Fortunately, the FHA guidelines for a secondary home allow for certain
In early March of 2021, the Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac would limit their buying of second-homes and investment-property mortgages to roughly 7% of their overall portfolio. This
When the coronavirus started making its way across the United States, many industries had to change they way they do business. In the real estate industry, the massive financial uncertainty created by the national lockdown
Most homebuyers will simply need a basic, straightforward, typical loan. Conventional loans and FHA loans, for example, perfectly fit most borrowers, allowing them to purchase the home they need at a price they can afford.
At our office, we take a special pride in providing a variety of unique loans; options that may not be available with other groups. These loan products allow us to serve many borrowers who would
The HomeStyle Renovation loan program is one of the best options for purchasing a house and making necessary repairs or desired upgrades. Offering affordable financing in one loan, you can get the money you need
Looking for a loan that will allow you to purchase a property and make renovations? You’ll have a few options to choose from, but the best may be a HomeStyle loan from Fannie Mae. Let’s
The FHA is one of the most important government organizations in the real-estate industry. Many homeowners count on FHA loans, and we receive lots of questions about this type of financing. To help create better-informed
If you want a home loan with the best possible rates and terms, it’s best to structure the property so it can be classified as “owner-occupied.” This essentially means that the borrower will be living
For most homebuyers across the country, a conventional loan is enough for their purchase. However, in high-market areas like San Diego, large sums of money are needed to purchase even a moderate home. After all,
Who is the “owner-occupant” in a home? For most properties, it’s easy: the home-owner. The typical mortgages/homeownership situation has a person that purchased the home and lives there on a permanent basis, either alone or
Chad Baker
Originating Branch Manager
NMLS #329451
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