Many misconceptions exist about the process of acquiring a jumbo mortgage loan. Thanks to the improving luxury housing market, jumbo loans have made a rebound. This article discusses the top 5 jumbo mortgage myths and why they are wrong.
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In addition, mortgage lenders can stay up to date with changes in mortgage rules, learn about new programs and find out how peers are creating a lasting impression on their clients.
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The ULTIMATE Guide to Winter Curb Appeal ideas. Getting a home ready for sale is similar to picking out the right outfit for a vacation; you have to know the climate and the season. Tips and ideas that are great for summer are not quite as effective in the fall and winter. To help people out through the holidays and beyond we have combined a list of ideas and tips focused on listing a home during the winter.
FHA guidelines prospective buyers need to keep in mind when shopping for their home. FHA approved lenders are able to offer mortgages with enticing rates for people that might not qualify for a Fannie Mae or Freddie Mac home loan.
Buying a home requires a bit of preparation. If you meet the following conditions then you should be ready to purchase your first home this Fall!
Many people reach a place in their life where they are ready to improve on their quality of living. This could mean investing in real estate as a way of improving their monthly cash flow or it could simply mean buying a nice vacation home at the lake, in the mountains, or on the beach. For people who wish to convert their primary home to a rental property there are a few rules and guidelines to follow.
An escrow account can be a great benefit to new homeowners that are trying to get their financial plans in order and establish some good money habits.
Although some of these things may sound too good to be true, or even insane, all of the following facts about the USDA mortgage program are true.
A non-occupying co-borrower that has a solid credit history, low debt and enough income to meet their needs as well as help one of their relatives can step in and boost an overall mortgage application.
For people willing to think outside the box, an FHA 203K loan can be a great alternative to a construction loan. People looking to become homeowners are often faced with the same old question: buy a new home, build a new home or buy an existing home? For most people, building a new home can be quite a challenge.
Changes made in conventional lending rules a few years ago now make it possible for real estate investors to finance more than 4 investment properties. Follow these guidelines for help with financing properties 5 through 10.