One of the most intimidating aspects of getting a loan is trying to sift between jargon and fact. For something as important as a mortgage there is plenty of misinformation out there. If you talk to five different people you may get five different opinions and observations about their mortgage. One person will tell you...Read More
There is a lot that goes into buying a property. Regardless if you are buying as a primary residence or an investment you need to find the right type of financing. There are times when the best financing is through a traditional lender. Anyone that has closed a deal with a bank over the past...Read More
There are many real estate investors who are utilizing traditional lender programs. With interest rates continuing to slide this has become an increasingly viable option. As popular as lender programs are not every borrower can get approved. There are still strict guidelines in place and a mountain of documentation that has to be provided. With...Read More
Getting a loan approved takes more work than ever for the borrower. Just when you think you have submitted everything there always seems to be just one more item left. Often times this final item is the most difficult to obtain. It is no secret that lending guidelines have changed over the last decade. Today...Read More
If you are looking for financing on your next deal you shouldn’t discount your local bank or mortgage broker. Even though traditional financing has received a bad rap in recent years it is still a viable option for the right borrower. The two main lending options are a local bank and a mortgage broker. While...Read More
How can real estate pros prepare their clients to survive the mortgage process? While some sources suggest that getting a home mortgage loan is getting easier, it will continue to be a quirky and trying process until major innovations are implemented. Mortgage struggles are one of the most common reasons that real estate deals fall...Read More
An incredible number of Americans have suffered damaged to their credit scores in the last few years while lending standards for home loans have become increasingly tougher. This doesn’t mean that you should give up on buying a new home by any means. Begin rebuilding your credit now and you could see your credit scores...Read More