Can Crypto Currency be used When Getting a Mortgage to Buy a Home?

Have you been investing in Bitcoin, Ethereum, and other cryptocurrencies? Then you probably wonder if you can use crypto to purchase a home or to get a crypto mortgage. The answer is complicated, depending on what you mean by ‘using crypto’ to buy a home. Let’s take a closer look. Traditional Mortgage Lenders And Crypto… Read More »

7 Reasons Why the Demand for Interest Only Mortgage Loans Will Surge

When you hunt for a home loan, have you ever thought about an interest-only mortgage? This kind of mortgage doesn’t make you pay on principal at first; you only pay interest on the home loan. An interest-only mortgage is a big difference from a 30-year, fixed rate mortgage, which has you pay principal and interest.… Read More »

Top 9 US Spots to Retire and Buy A Home

Are you thinking about moving to a new city when you retire? You are in good company! About 65% of retirees say they want to move when they stop working or already moved. Most retirees say they want to stay near where they retired when they move, but about 40% say they want to live… Read More »

What Credit Scores Do I Need to Buy a House

Buying a house can be a stressful time, so it is important to be organized and understand what the credit requirements are up-front for the various mortgage programs in the United States in 2022. Read on to see what home financing programs are available and what the minimum credit scores are set by the banks… Read More »

Top 25 States Where Home Prices Have Risen the Most

For recent graduates, young professionals or folks considering a career change, affordability of housing often becomes the deciding factor in where they choose to look for a job. Of course, we all want to make the highest possible salary, but a souped-up paycheck in a city with sky-high rent won’t do you much good since… Read More »

Most Overlooked Tax Breaks for Homeowners with Solar and Renewable Energy

Homeowners always like to save on their utility bills, and there are several tax breaks that are available for people who have installed solar panels on their homes. Reducing monthly energy expenses, finding tax credits and helping the world with a smaller foot-print is a wonderful opportunity. In 2020, the federal spending bill that was… 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 »

How to Choose the Right City the Buy an Investment Home in 2021

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 »

How Do Underwriters Consider My Rental Income from My VRBO?

Many people who want to get a mortgage may not know they can use rental income to sometimes qualify for the loan. This can apply to a property you currently own and rent as well as a property you are planning to buy and rent. Below is more information about how VRBO rental income works… Read More »

Down-Payment Requirements for Fannie Mae

Home buyers purchasing a home with a conventional loan want to know that the down payment requirements are for a Fannie Mae loan in 2020. Below is more information about what the minimum down-payment rules will be for most borrowers qualifying for a Fannie Mae home loan this year. U.S. home buyers have benefited from… Read More »

Understanding Disability Benefits for VA Loans

The VA mortgage program is a great way for active duty and many former military to get a home loan with very favorable terms. VA home loan programs are made available in 2021 to retired, discharged, and active military and reservists who meet the necessary qualifications. VA home loans are also available to those with… Read More »

How to Buy Home with No Income Verification

The housing market was hot in the early and mid-2000’s, as most of us remember. That was when no documentation home loans became popular. In 2022 it seems that no doc mortgage loans may be making a comeback of sorts. Banks, credit unions and lenders are introducing new more aggressive home buying programs with limited… Read More »