Are you self-employed and looking for a mortgage or do you want to refinance an existing one? Many in this situation have found it challenging to secure a loan without the usual proof of income that most lenders require during the mortgage approval process.
They may sound similar and are often used in the same breath when talking about loans, but an interest rate and the annual percentage rate (APR) are very different even though both involve the cost of borrowing money and how much you'll end up paying your lender.
Those looking into home mortgage loans have probably noticed that there are a variety of loan types to choose from. However, sometimes borrowers have extenuating circumstances that don’t always lend themselves to the typical loan requirements.
Finding the right Real Estate Agent may take a little bit of time but it can pay off in the end. If you follow these tips above, you'll be able to find an agent that will help land your that dream home you've been looking for.
For many first-time homebuyers, buying your first home may be overwhelming and all of the costs and fees involved may be confusing. But what exactly is a Loan Origination fee?
Looking to buy or sell a home to a family member? A gift of equity can be very beneficial if you take all the right steps beforehand. Call us today!
Non-Qualified Mortgage (Non-QM) is different as it can use alternate methods of income verification to help you get approved for a mortgage loan, and it doesn't necessarily have to adhere to rules set forth by other loan options.
The 'gig economy' has become exponentially more widespread. And it’s not just those who are supplementing their full-time income as Lyft drivers or doing Postmates deliveries. Self-employed people have kept the world going around for decades.
Coming up with enough for a down payment doesn't have to be a reason to delay the purchase of a home.
The biggest hurdle aspiring homebuyers face is saving enough for a down payment. It takes time and money, but at what point have you saved enough?