If you are a potential buyer seeking residency, a 2-4 unit multifamily property is considered an excellent investment for the future. They also have the… Read More »95% Conventional Financing for 2-4 Unit Properties – Special 5% down 2-4 Unit Financing
Unfortunately, bad things happen to good people and I can speak first hand of the consequences, stress, emotions and financial difficulties that arise from a… Read More »Divorce, Real Estate and You! What you need to know.
After I spent the money show me how I can get it back out! What does it mean and how does it affect you? If… Read More »Delayed Financing Exception – Scary Words for a Simple Subject
Seller contributions or sales concessions can be a great help for prospective home buyers looking to purchase a new home. However there are limits based… Read More »Seller Paid Closing Cost Limits for FHA, VA, Conventional & USDA Loans
Collections are credit accounts that have not been paid over a period of time. FHA defines collection accounts as “a Borrower’s loan or debt that has been submitted… Read More »How Do Collection Accounts Affect A Mortgage Application?
In the context of establishing a borrower’s DTI or debt to income ratio, departure income is defined as income derived from leasing out your current… Read More »Departure Income FHA, VA, Fannie, and Freddie