Forget spring, fall is a good time to buy and sell. Historically the real estate buying season begins in early spring. Recent data reveals fall can be even a better time for both sellers and buyers in markets around the country! There are a few obvious reasons as to why the fall is easier, like how all the families looking to buy before school starts are out of the picture. But besides that, let us offer 6 additional reasons to consider a fall real estate purchase. 1. Less bu

HomeStyle Renovation Mortgage Continue With More HomeStyle… The HomeStyle is a Fannie Mae (FNMA) loan that essentially allows an investor to purchase a property and include the renovation costs into the mortgage. It’s quite similar to a hard money loan, but the significant difference is that the loan is a permanent loan (15 or 30-year fixed). It’s also traditionally a LOT cheaper. Since the loan is FNMA backed, it’s going to conform more to the market interest rates and fees

When buying a house with financing, the lender must verify the home's value and condition.  Usually through ordering an appraisal. Conve

While real estate agents are still key in the home buying process, buyers are increasingly looking to do more leg work online before involvi

Private mortgage insurance can add hundreds of dollars to a mortgage payment. Here’s how to remove PMI payments. The first is that you have by now accumulated/accrued at least 20% equity in the home, and your home is now at 80% of its original appraised value. PMI means lenders are more likely to offer low down payment, high-ratio mortgage loans. That’s good news if you need to buy a home with anything less than 20% down. When the balance drops to 78%, however, the mortgage s

100% Financing Home Loans for New and Repeat Home Buyers. Do you have a client that wants to buy a home but doesn’t have the down payment? You’re not alone. 100% financing home loans are mortgages that finance the entire purchase price of a home, eliminating the need for a down payment. New and repeat home buyers are eligible for 100% financing through nationwide government-sponsored programs Qualifications - Fico 640 and above - 1-2 Units, SFH, Condo & PUD - 115% of Medi