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3 Questions to Answer Before Buying a Second Home
What is your favorite escape? A coastal retreat. A rustic mountain hideaway. A loft with a city view. Whatever you prefer, a vacation home can be a lifestyle upgrade that provides a respite from the daily grind. As an investment property, that second home may also help achieve your financial goals and plan for the future. But, how do you figure out if owning a second home is even in the realm of possibility? Answering these three questions below will help you put forth a plan to make your home away from home a reality. Read More “3 Questions to Answer Before Buying a Second Home”
How to Select the Right Mortgage Insurance Payment Option
Country’s Largest Source of Mortgage Money Raises Debt-to-Income Ratios Making Homeownership More Attainable
5 Home Renovation Projects to Tackle this Summer
Mortgage Rates Hit New Lows While Job Market Strengthens
For the first time in history, mortgage rates are at near historic lows as the U.S. job market is operating at full capacity. Since the decision to buy a home typically involves a steady job and the ability to afford monthly mortgage payments, demand to buy a home is currently at an all-time high.
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What You Need to Know About Non-QM Loans
The term “Non-Qualifying Mortgage” or Non-QM can sound intimidating. At its most basic level, a Non-QM loan is a loan that does not meet the standards set forth in regulatory reform imposed after the 2008 housing crisis. Below we take a closer look at what this really means in terms of risks and benefits for both consumers and lenders.
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Tips for Doing Your Own Credit Repair
Lenders rely on credit reports as part of the process to qualify you for a loan. Negative information on a credit report or a low credit score could suggest that you are less likely to pay back debt as agreed. The tips below will help you “clean up” your credit so that you can put your best foot forward when applying for a loan.
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Loan Programs for First Time Homebuyers
Create an Outdoor Living Space on a Budget
As the summer months approach, more and more of us will be spending time outdoors. The warmer temperatures and extra daylight are the ideal time to extend your home’s living space and enjoy your outdoor areas. Whatever the size of your yard, patio, or deck there are simple ways to make it as appealing and as livable as the inside of your home. Here are some ideas to get your outdoor space ready for relaxed summer living – without emptying your wallet! Read More “Create an Outdoor Living Space on a Budget”