When it comes to securing a mortgage, not everyone fits the mold required for a traditional, qualified mortgage (QM). Nonqualified mortgages (non-QM) can provide a viable path to homeownership for those who find themselves outside these conventional boundaries. In this blog, we’ll explore what non-QM mortgages are, who they are for, and the pros and …
Understanding Non-QM Mortgages: A Comprehensive Guide Read More »
Buying a home is more than just a transaction; it’s a significant milestone in your life. As your trusted partner in homeownership, we’re committed to helping you navigate the financial aspects of purchasing your dream home. In this guide, we’ll outline steps to set yourself up financially to invest in your ideal property. 1. Define …
Building Your Financial Foundation: A Guide to Investing in Your Dream Home Read More »
Knowing about the latest industry guidelines and shifts can significantly impact your investment strategies in the ever-evolving realm of real estate and financing. Fannie Mae, a prominent player in the mortgage industry, is introducing groundbreaking adjustments to their guidelines, poised to reshape the landscape of multi-unit property investments. Effective November 18, 2023, Fannie Mae is …
Fannie Mae’s Game-Changing Shift: 95% LTV for 2-4 Unit Properties Read More »
The California Housing Finance Agency (CalHFA) is gearing up for Phase 2 of its very exciting Down Payment Assistance (DPA) program called the Dream for All program. This equity share program had some of the most substantial benefits of all the DPA programs. However, within a week, the program ran out of its initial $300M …
Updated CA Dream For All – Funding and Parameters Read More »
Are you looking to set yourself up financially? Purchasing a home is one of the biggest investments most people make in their lifetime, and it’s an important decision. It can be both exciting and intimidating when first visiting properties, but investing in a home is about securing your financial future. There are many financial benefits …