Loans for Cash Rich Borrowers with Low Monthly Income
In 2016 a new loan program came out whereby the borrower does NOT have to be employed. In fact, there is no employment or income […]
In 2016 a new loan program came out whereby the borrower does NOT have to be employed. In fact, there is no employment or income […]
With the Dodd-Frank rules, this law has impacted hundreds of thousands of legitimate self-employed borrowers from getting a residential home loan. It has for the […]
Let’s look at how this would work with your mortgage balance. Example: A homeowner with stellar credit owes $150,000 at 4.75% and is paying $782.47 […]
The Federal Home Administration is being accused by the National Association of Realtors of making the costs of their mortgage insurance too excessive which has […]
The short answer is Yes, but with an attached disclaimer. No matter if the mortgage insurance premium (MIP) is added to the mortgage or paid […]
The short answer is YES you can. However, it will not be with a no income verification loan. The days of stated income and falsifying […]
If you and your spouse own a home jointly and both are on the loan, refinancing your mortgage before divorce proceedings might be the best […]
Is HARP available on Loans over $417,000? NO, loans greater than $417,000 are categorized as jumbo loans. HARP was made to help borrowers who are […]
On Jan. 10, a new rule for residential mortgages becomes effective which is intended to protect borrowers and lenders from the problems brought on by […]
Without a doubt, real estate investors who carry-back a mortgage for homebuyers are going to be impacted in a big way by Dodd-Frank laws. On […]