Latest Articles
Mortgage Advice, Real Estate Market Updates, and Home Buying Tips
Fannie Mae Reduces Down Payment Requirements for Multifamily Homes
Published:
November 13, 2023
Fannie Mae is introducing a significant policy change on November 18, 2023, allowing down payments as low as 5% for owner-occupied 2-4 unit (multifamily) homes. This change offers a fantastic opportunity for potential owner-landlords to enter the multifamily property market without the burden of an FHA "self-sufficiency test". The reduced down payment requirement and more flexible loan qualifications make owning a multifamily home and generating rental income more achievable.
Key Factors to Consider Before Buying a Flipped Home
Published:
October 23, 2023
If you're interested in purchasing a flipped home, it's important to conduct thorough research and take precautionary measures to ensure a successful transaction. By implementing these simple steps, you can increase the likelihood of a smooth purchase. Additionally, when seeking a mortgage, it's crucial to understand the unique requirements and limitations associated with different loan types and property flipping.
Tips For Selecting The Right Realtor
Published:
October 16, 2023
Navigating the competitive and ever-evolving real estate market can indeed be a tough challenge, especially when you're on the hunt for the perfect Realtor to guide you through the process. Fear not, we've compiled some useful tips to help you find the ideal real estate agent to suit your needs. With the right professional by your side, your real estate dreams can become a reality.
Understanding Mortgage DTI Ratios and 5 Tips to Improve it!
Published:
October 9, 2023
By proactively working on these 5 strategies to lower your DTI, you will enhance your financial outlook, optimize your monthly budget and position yourself to comfortably afford the home of your dreams.
Ways to Enhance Your Home's Value This Fall
Published:
October 2, 2023
Whether you're planning to sell or simply aiming to create a more appealing living environment, these seasonal upgrades can have a substantial impact on your property's worth.
Four Crucial Financial Topics to Discuss Before Tying the Knot
Published:
September 25, 2023
Planning finances with your new partner can be a significant source of stress and conflict in a relationship. By discussing finances early on, you can identify any potential issues and work together to find solutions. Having open and honest conversations about money can also help build trust and strengthen your relationship. By leveraging each other's strengths and weaknesses, you can create a system that works best for your household.
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Onshore Mortgage
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