Mortgage rates are rising and it’s hard to ignore. Buying mortgage points is one way to lower your mortgage rate but it can be a difficult decision for many homebuyers. For new borrowers getting ready to buy a home and for homeowners who want to refinance, it’s a good time to consider buying mortgage points, […]
Mortgage rates have been inching upwards since earlier this year. Slowly at first, but the jumps are increasingly hard to ignore. If you have an adjustable-rate mortgage (ARM), now is a good time to refinance to a fixed-rate mortgage. According to economists, the Fed is expected to deliver back-to-back interest rate hikes in May and […]
Mortgage rates continue to tick upwards and home prices are hitting all-time highs, though the market does appear to be slowing down. After a strong open to the spring season, listings are coming in with a bit more balance and breathing room, revealing fewer offers and less competition as the season progresses. As a result, […]
One of the questions I often hear from my clients is, How much house can I afford on my current salary? It’s a wise question, especially for homebuyers who want to build wealth and financial stability. When it comes down to it, every homebuyer wants a mortgage payment that fits their budget, their lifestyle, and […]
With all the economic uncertainty pressing into 2022, VA loans are still one of the top home loan options for members of the military and their spouses. First-time homebuyers and those relocating can benefit greatly by applying for a VA loan. What’s more, a VA loan can help establish financial stability by building equity through […]
Learning how to finance a rental property is similar to financing a primary residence or vacation home. Most lenders follow the same general set of guidelines and funding often comes from the same sources. In general, mortgage financing for rental properties is often approved using standards set by Fannie Mae or Freddie Mac, although there […]
Qualifying for a mortgage isn’t always a straightforward process and your financial picture might not fit a simple profile. Tenancy in common offers a modern financing solution to help you build your wealth through property ownership. Sometimes the tenants in common have equal stakes in the property, but more often than not, buyers own different […]
When your income is derived from investments, self-employment, or non-traditional assets, qualifying for a mortgage isn’t always a straightforward process. We understand that your financial picture might not fit a simple checklist. Non-QM Jumbo Loans offer a viable solution to help you qualify for a competitive loan and keep building build your wealth. Non-QM jumbo […]
If you or a family member is a homeowner over the age of 62, you may have considered a reverse mortgage to access your home equity. However, did you know that a Golden Equity line of credit can offer more flexibility than a reverse mortgage? Often, it includes stronger benefits depending on your financial goals. […]
Home renovations and remodels come in all shapes and sizes. Blowout kitchens, bonus rooms, adding a home office, or giving your bathroom a facelift. Thousands of homeowners across the country are refinancing their mortgages to take advantage of low mortgage rates. So if you’re thinking about refinancing to start a home remodel, you’re in good […]
