Did you know that your AirBnB rental income can help you qualify for a refinance loan? In the past using any rental revenue from your “primary residence” was not acceptable on mortgage applications. However, starting in 2018 mortgage government-sponsored
Apr 19, 2022 | Refinancing a Home
In the red hot housing market of the past few years, sellers usually have multiple offers, often getting more than their listing price. If you are using a VA loan to back your purchase you may worry that sellers might choose conventional-loan-backed offer
Apr 12, 2022 | VA Loans
During the home buying process, you will encounter many unfamiliar terms, some of which may seem like the same thing. One such pair might be “sales price” and “appraised value.” They both refer to how much the house is worth, right? Actually, there is a d
Apr 06, 2022 | Purchasing a Home
Getting pre-approved before shopping for a new home is a smart idea, and helps you to present a stronger offer. Pre-approval Defined Before going out with a real estate agent to look for the perfect property, it is wise to begin the pre-approval process.
Apr 04, 2022 | mortgage brokers Purchasing a Home First-time Homebuyers Preapproval Mortgage
A reverse mortgage is a unique type of loan that can be useful for many people. With a traditional mortgage loan, you make monthly payments toward the loan. However, with a reverse mortgage, the lender pays you either through monthly installments, a one-t
Apr 04, 2022 | mortgage brokers Mortgages Reverse Mortgages Mortgage
Refinancing in the mortgage world is the process in which an existing mortgage is replaced with another mortgage, usually under different terms or interest rates. This can be useful for many people who might want a lower interest rate, a loan with shorter
Apr 04, 2022 | Debt Consolidation Refinancing a Home Home Renovation Loans Mortgage mortgage brokers