Posts

Tis the Season for Buying and Selling

Traditionally, we think of spring and summer as the best seasons for buying or selling a house. But these past several months keep testing tradition. As we enter into winter holidays, house sales keep inching up, mortgage rates are hovering at 3.5%, and the housing market is as busy as ever. Several homeowners are continuing […]

Pros and Cons of Buying a House With a Friend

Buying a house with a friend or family member can put you on the fast track to homeownership. Together, you may be able to purchase a bigger home, move into a better location, or even buy an investment property for passive income. The hard part is finding the right friend. Homeownership requires financial stability and […]

How Much House Can I Afford Right Now?

One of the top questions I hear from clients is, “How much house can I afford right now based on my salary?” Usually, they tell me what they make and want to know how much house they can afford based on that criteria. But salary is only one part of the equation. To figure out […]

How to Use Restricted Stock Units (RSUs) as Qualifying Income Toward Your Mortgage

Does your employer offer restricted stock units as part of your compensation package? Recently, a client asked if they could use restricted stock units as qualifying income to apply for a home loan. It’s becoming more common for big tech companies like Amazon and Google and large corporations to offer company stock to their employees. […]

Why Mortgage Companies Use Mortgage Brokers

Consumers can get a mortgage from multiple sources. Maybe one of the most common places to secure a home loan is someone’s bank. Or, a consumer can get a mortgage from a mortgage banker that offers mortgages only, unlike a bank which can offer other financial services such as checking and savings accounts and credit […]