Author: admin
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Should I refinance?
A refinance calculator cannot answer the “should I refinance?” question. Only you or a Trusted mortgage adviser going over those numbers with you can answer that question. Here are some refinancing questions you could expect to answer / have answered. Is your property listed for sale? If yes a refi is probably a waste of closing cost…
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USDA Home Loan Program
USDA first time buyer guide The USDA is way underutilized by borrowers. Most buyers with low to moderate income will qualify for USDA 103% financing. Learn more about the income limitations for your area The rural development home loan program is geographically based. The home you are financing must be in the USDA lending area.…
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Mobile Home Loans
Mobile home have been a real challenge to get financed especially over the last four years. FHA will still finance newer mobile homes that pass their engineering inspection. Other than that it’s expensive hard money with a 50% required down payment. Fortunately we have sourced a few small community banks that will fund make sense…
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Real Estate Investor Mortgage Guide
Tips for the Investor who uses Hard Money Loans It’s much easier to get a free and clear property loan – If you can pay cash and fix, then apply for the hard money loan to get cash out for the next one or to reimburse credit lines or credit cards. Always get more than…