Here’s How to Be a Mini-Trump Love him or hate him, you have to admit Donald Trump has a knack for real estate. If you’re a Trump, just like that insurance commercial, “That’s what you do!” Real estate has long been a method to create wealth over time and if you’re thinking of buying your […]
Jul 29 Looking for ways to avoid mortgage insurance?
Here are two loan programs that you can utilize to avoid mortgage insurance even if you don’t have a 20% down payment. Mortgage insurance = insurance you pay with your mortgage payment that insures the lender against a loss on the loan (e.g. a default on the mortgage) When buying or refinancing a home with than 20% equity/down […]
3 Reasons Credit Score Stinks Have you recently run your credit and found that your score is much lower than expected? Well, here are 3 reasons credit score stinks. Foreclosure / Short Sale / BK If you’ve had any of the these recently, it can dramatically impact your credit score in a negative way. Mortgages […]
Probably the most difficult and time consuming part of buying a house is simply saving up for a down payment. But the question is, how much? Well, it depends on the type of loan your applying for, the loan size, and whether you plan on living in the property you’re buying. Common Loan Types FHA […]
So you’re thinking about buying a home but not sure if it’s the right time? Here are some signs that it might be a sound financial decision to buy. 1) You’ve had a job for 2+ years. If you’re looking to get a home loan to purchase a property, then it’s a good idea to […]