No Doc Loans For Self-Employed
Today, more people than ever before are starting businesses and going out on their own. These are exciting times for entrepreneurs, start-ups, and other small businesses. In many ways, the entrepreneurial and adventurous spirit is what drove the very founding of this country. But when it comes to buying a home and applying for a.. Read More
Investment Property Mortgage Rates Today
Investment in real estate can offer great passive income. If you can find a piece of property at a good price with the right financing, real estate can begin generating income almost immediately. The purchase process for buying investment and rental property may be similar to buying any other type of real estate but applying.. Read More
What Happens During Mortgage Underwriting?
Most people in today’s world buy homes with the assistance of a mortgage. Typically, a home purchase is contingent on the buyer securing financing, and, at closing, the seller will be disbursed a check by the lender for part of the proceeds of the sale. But lenders don’t give mortgages to just anyone who wants.. Read More
How Do Current Investment Property Mortgage Rates Compare With Owner-Occupied Mortgage Rates?
Unless you have been living under a rock, you know that current mortgage interest rates have been at all-time lows for well over a year. Current interest rates on owner-occupied property mortgages are averaging between 2.563% and 4.039% across the United States, depending on the property, term, type of loan, quality of borrower, and geographic.. Read More
Colorado Springs the Top Market for Homebuyers Likely to Move in Q3 201
Current Relocation Trends in an Era of Post-Pandemic Strangeness While there were many theories that abounded about how COVID would affect trends throughout the country, including how it would affect relocation and housing, it didn’t seem to stop the already existing direction toward movement. But it did seem to lend some interesting inward and outward.. Read More
Is it a Good Idea to Get a Non-QM Refi in This Market?
For most people in the industry, we knew it was just a matter of time before mortgage rates started to ease back up. While the Federal Reserve was instrumental in keeping rates low for everyone during the COVID-19 pandemic and keeping the economy viable, the industry is being primed with new talks about possible incremental.. Read More
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