Articles

8 Special Military Home Loans Guaranteed by State Governments

Most military members and retired military know about the VA home financing programs for getting a home loan guarantee with 100% financing, low interest rate and no mortgage insurance. The VA mortgage loan can be a great deal for many veterans and active military. But did you know there are other special home loan programs… Read More »

Essential Guide to Owner Builder Home Loans

It is exciting to have a home built just for you. But most people are unfamiliar with owner builder home loans. Mortgage loans for new construction are a different animal, and if you want to build your home, it is smart to learn about this unique mortgage process. Find Lenders that Specialize in Owner-Builder Home… Read More »

What is a Blanket Loan?

Some commercial real estate investors have several properties and understand that juggling several mortgages with various interest rates and terms can be challenging. That is where a blanket loan can be a possible solution. A blanket loan allows you to make a single payment to a single bank with one set of loan terms. This… Read More »

5 Considerations Comparing Investment Home Loans

The housing crash of a decade ago is fading from our collective memories, and home prices are rising nicely at a 6-7% clip per year. But what does this mean for investing in real estate and financing for that matter? Interest rates are slowly on the rise but are still under 5% for a 30-year… Read More »

How to Finance an Apartment or Multi-Family Residence

You can get an apartment loan or multi-family financing that is either short term or permanent to fund the purchase or renovation of the building, with rates that typically range from 5% to 12%. Investors usually use the financing of apartment buildings to buy properties with more than five units to produce cash flow and… Read More »

Everything You Need to Know About Vacant Land Loans

Buying a piece of land allows you to build your dream home or to simply maintain a piece of nature. But land can be pricey in higher demand areas, so you cold need to find a vacant land loan to fund your purchase. You might think that a land loan will be easy and low… Read More »

How Much of a Down-Payment Do I Need to Buy a Condo?

If you are considering the purchase of a condominium, you may wonder how much of a down payment you need to get a mortgage. Depending upon the lender and other factors, you will probably need somewhere between 3% and 20% down to buy a condo, with 10% being the most common for people with condo… Read More »

Guide to Financing a Second Home in Today’s Loan Market

Do you want to buy a second home? You probably have many questions about how to finance a 2nd-home. Whether you want to buy a second home for vacations or as an investment property, getting financing for this type of property comes with some challenges that you should be aware of. This article will explain… Read More »

How to Buy a House with Little Money Down and Average Credit Scores

One of the biggest barriers to buying a home for many Americans is the down payment. But many first-time home buyers have misconceptions about the down payment that is required, as well as what credit scores are needed. According to the National Association of Realtors, 85% of first time buyers think they need 10% down… Read More »

7 Hottest Real Estate Markets for First Time House Buyers

If you want to buy your first home and have some flexibility about where to live, you may want to look at some of the hottest housing markets in the US. As you consider where to live and buy your first home, you want to look at factors such as job growth; affordability; vacancy rates;… Read More »

How Much Savings Do You Need for Home Loan This Year?

Most Americans need to get a mortgage to buy a home; current statistics state that 87% of home buyers use mortgage financing. But it is rare in 2018 to be able to buy a home for 100% of the purchase price. In most instances banks and lenders want the borrower to have skin in the… Read More »

4 Helpful Tips to Qualify for a Great Mortgage After a Bankruptcy

If you are like millions of Americans after the last financial downturn, you may have had to file for bankruptcy. Whether you could not keep up with your mortgage or had financial problems with your business, having a bankruptcy on your credit report can complicate getting a mortgage loan. But it is not impossible by… Read More »

Top 4 Mortgage Loan Programs for New Home Buyers in the US

Most Americans want to buy a home for the first time at some point in their lives and there are many attractive mortgage loan programs worth considering. It is no secret that money and finance issues often interfere with the ability to buy that first house. According to a recent survey by Apartment List, a… Read More »

Top 8 Smart Home Technology Secrets for 1st Time Buyers in the US

Are you a first-time home buyer? You may want to check out some of these smart home technology secrets we list below. These cool devices and tech can really make your home a more convenient and efficient place to live. Robot Vacuum Cleaner Keeping your first home clean and tidy is important. Floor cleaning and… Read More »

The Good the Bad and Today’s Subprime Mortgage Loans Reinvented

Subprime loans were the bane of the last financial downturn. The Subprime mortgage product, which are home loans to people with poor credit, low down payments and little verifiable income, were partially responsible for the mass of mortgage defaults that left the US and world economy reeling in 2008. After the housing crash, subprime mortgage… Read More »

How to Choose the Right City the Buy an Investment Home in 2019

Many people want to buy investment properties that make them money. But how can you choose the best place to buy investment properties so your dream will become a reality? Below are some of the most important factors to look at as you decide which city to invest in: #1 Jobs and Demographics A real… Read More »