Although a lower interest rate can help you save money through the life of your home loan, the rate you obtain is based on certain factors. Some of these circumstances are within your control and others are not. One of the greatest elements within your control is creditworthiness and the reduction of risk to the […]
The Benefits of DSCR Loans for Rental Property Investors
Investing in rental property can be an excellent strategy for investors to generate income, whether from a second home, Airbnb property, or small multi-family housing unit. Investing in rental properties are also scalable investments, allowing rental income to multiply by investing in a greater number of properties. In fact, residential rental properties are is often […]
The Differences between Pre-qualified and Pre-approved
While the terms pre-qualified and pre-approved are often heard interchangeably in the discussion of homebuying, they each have their own distinct meaning. In this blog we will look at the the differences between pre-qualified and pre-approved. Pre-qualification for a mortgage is an unofficial evaluation of creditworthiness, an indicator of meeting minimal requirements, and a guideline […]
The Unique Opportunities and Advantages of a VA Mortgage
The U.S. Department of Veterans Affairs (VA) helps Servicemembers including Reserve and National Guard members, Veterans, and their eligible surviving spouses to become homeowners by providing a home loan guaranty benefit. Although the VA does not lend money, it does guarantee a portion of the mortgage allowing private lenders, such as banks and mortgage companies […]
Are You New to Investing in Real Estate?
Seasoned investors continue to take notice of real estate, and more new, potential investors are paying attention. In fact, real estate investment is a long-established method for hedging against inflation, diversifying your portfolio and creating multi-generation wealth. Investing in real estate can also offer a number of important tax advantages. When you are considering a […]