There are two such questions that we are asked almost daily. “Can I get a mortgage in my situation?” and “How much can I borrow?”. In this article, we’ll explore the latter. historical law There was very little technological intervention in the mortgage application process in the 80’s and 90’s. You will make an appointment … Read more
Well after a year that started off so well I am sure there are a lot of investors out there who are unsure where to invest and whether property is still a suitable investment vehicle. This article lists some key points that any buyer should keep in mind before making any purchase decision for investment … Read more
The term reverse mortgage is everywhere these days. It often appears in advertisements or appears on Internet searches. But you would not have understood what it is actually. In short, it is a unique home loan that allows home owners to convert some of their home equity into cash. The equity that the homeowner has … Read more
Lately, it seems like we’re living in history every day. The United States has not seen such turmoil in the financial markets since the Great Depression. What started in the subprime mortgage industry has now spread to Wall Street. When investment houses that have been around since the Civil War close their doors, it is … Read more
Ok, let’s start… I wish someone had shown me how to keep my sanity through bankruptcy when I went through it because it was really hard for me. When life comes hard on you and all your bills and debts become so overwhelming and overwhelming, here are some things you can do to preserve your … Read more
With the refinancing boom officially over, second mortgage loans are cooler than ever. Many homeowners have been blessed with low interest rate first mortgage loans that they want to keep. The need for cash didn’t disappear with the refinancing boom, so second mortgages and home equity loans will be the loans of choice for the … Read more
The Texas Mae Community Mortgage Program was introduced by Fannie Mae in 2000. This program is designed to make buying a home easier than ever! In many cases these loans go for low or no down payment. (Up to 100% LTV loans) Credit history terms are less restrictive than most lenders require, and finance rates … Read more
Even as unsavory as housing marketing, converting for sale by owners (also known as FSBOs or “Fizzbos”) referral sources is still an effective marketing strategy. Don’t make the mistake of thinking that you’re only going for the opportunity to help Fizzbo get a purchase loan for his new home. The real goal is to develop … Read more
Commercial mortgage borrowers often ask us how lenders determine the rates they offer on commercial mortgage loans. There are many criteria that lenders use when determining rates, but lenders will assess the relative riskiness of the loan when reviewing a loan application. The lower the risk, the lower the rate. The higher the risk, the … Read more
Delray Beach is one of the pleasant communities in Palm Beach County, Florida. It is actually located near Boca Raton in the Sunshine State – Florida. If you are looking to purchase one of the many Delray Beach homes for sale, it is ideal that you learn the difference between conventional mortgages and loans offered … Read more