With the likelihood of rates dropping, preparation and advance planning is key. We’ve collected some key strategies and advice that might apply to your circumstances. Those action steps may look different, depending on your goals. Also, you don’t need to gamble or play “Deal or No Deal” trying to time rates. We’ll show you how …
Our hearts go out to everyone impacted by the devastating wildfires in Los Angeles. Beyond the immediate trauma and loss, these events bring critical questions for homeowners, especially regarding mortgages and financial stability. Here’s what you need to know to navigate these challenges: Mortgage Responsibility Remains Even if your home has been damaged or lost …
LA Wildfires: Understanding Mortgage Relief Options Read More »
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 »