Recent Mortgage News

Long-term rental properties are houses that are bought with the intention of owning and renting it out to other people. This can be an awesome investment and a continuous source of income. This is a great option for investors who are just starting out because it is easier than the flip technique. It is alsoRead more

Let’s face it, we all absolutely love watching TV shows about flipping houses. It’s so fun to see what they start with, the work in progress, and the finished product that looks like a completely different house. Have you ever thought about taking on this kind of project? Are you curious about what it willRead more

Rental properties are a great source of income, especially for people who want to get started in real estate investment. However, purchasing a rental property is much more complicated than many believe. This is because buying a rental property requires a different kind of mortgage than a normal home that you would be living in.Read more

Most real estate investors spend a lot of time looking for creative ways to increase the income they receive on their rental properties.  While there are some obvious ways to increase the value of a property, like adding an extra room or upgrading the kitchen and bathrooms, there are also many ways to maximize yourRead more

Saving for a down payment can be a big obstacle for many prospective home buyers. There are ways to buy a house with no money down. With the right preparation, it is possible to find an option that you can qualify for.   Ways to Buy A House with No Money Down You can applyRead more

Buying a home will likely be the largest purchase you make in your life. Most homebuyers will need a down payment anywhere between 3%-20% of the cost of the home to get approved for a mortgage. In addition to saving money for your down payment, you’ll also need extra cash for emergencies, maintenance, repairs, andRead more

Let’s start with the basics: What is an FHA loan and what are the FHA loan requirements? These are loans that are administrated and insured by the Federal Housing Administration. Loans can be acquired with deposits as low as 3.5% and a lower credit score, 580. I do want to mention that it is possibleRead more

Buying your first home can be overwhelming and daunting. Between the deposits, interest rates, and fees, the initial cost can be prohibitive for anyone in the low or moderate-income bracket. Working with Fannie Mae to get a HomeReady mortgage loan can help anyone buy or refinance their home in no time. Definition A HomeReady MortgageRead more

You’re starting in real estate investing and working through how a loan can work through a traditional institution for your little house flipping project is too much. But the project is going to cost too much to pay it all out-of-pocket. Utilizing a hard money loan can hit the sweet spot. Not to mention giveRead more

Real estate is a great investment but getting into the properties game can be hard. Finding the right way to finance your investment properties can seem overwhelming at first however, no matter your situation there’s a great financing solution available for you. Traditional mortgage loan Every property and property owner is different and a traditionalRead more