Posts Tagged ‘conventional loan’
Unlock Your Home’s Equity: The Benefits of a Cash-Out Refinance to Buy a New Home
When it comes to purchasing a new home, there are a variety of ways you can finance the purchase. One option that many homeowners are exploring is a cash-out refinance, which can help tap into the equity of your current home to fund the purchase of a new property. While this might sound complex at…
Read MoreMoving to New Hampshire: What You Need to Know
If you’re considering relocating to New Hampshire, you’re in for a treat. Known for its picturesque landscapes, outdoor activities, and small-town charm, New Hampshire is a place that offers a lot to both residents and visitors. Before you make the move, however, there are a few things to know to help you transition smoothly into…
Read MoreSmart Refinancing: 4 Ways to Save Money with Your Mortgage
When most people think about refinancing to save money the first thing they often think about is getting a lower interest rate. Though refinancing into a lower interest rate is a great way to save money both upfront & in the long run, there are also other ways you can save money by refinancing. 1.…
Read MoreMost Common Mortgage Questions
After some great feedback on our last Q&A session I decided it was time for Mortgage Q&A Part #2. In todays blog post we’ll go over some of the most common mortgage questions I get asked. If you enjoyed this post and would like to see a Part #3 shoot me a message with your…
Read MorePurchasing a Condo vs. a Single-Family? Key Differences for Mortgages & Real Estate.
When it comes to buying a home, potential homeowners have a variety of options to consider. Two popular choices are condominiums (condos) and single-family homes. Each type of property comes with its own set of advantages and considerations. In this blog post, we will explore the key differences between purchasing a condo and a single-family…
Read MoreWhat is a Physician Loan?
Guide for Medical Professionals Once a thing of the past, We’re thrilled to announce that we are now offering these unique loans again. But.. what are they and how do they work? Read on below… What is a Doctor/Physician Loan? A physician loan is a specialized mortgage designed for medical professionals who are looking to…
Read MoreWhat is a DSCR Mortgage?
A DSCR or Debt Service Coverage Ratio loan is a mortgage loan in which a borrower uses the properties projected or actual cash flow to qualify, instead of their own income. A great option that is commonly used for investment properties, read more below. What is a DSCR Mortgage Loan? A DSCR loan refers to…
Read MoreWhat is a Conventional Mortgage?
A Conventional Mortgage is one of the most common loans utilized to purchase real estate, but what actually is one and how does it vary from other mortgage types? What is a Conventional Mortgage? A Conventional Mortgage is a type of home loan that is not insured or guaranteed by the federal government. It is…
Read MoreShould You Refinance Your Mortgage? Commonly Asked Questions.
After the first funds Rate cut of 2024, many homeowners have started to consider refinancing their mortgage to get a lower interest rate & save money each month. This has prompted us to spend a moment and answer some of the most common questions about we get asked about refinancing. 1. Why would I refinance…
Read MoreSelf-Employed Mortgage Solutions: Bank Statement Loan
Historically it has been difficult for self employed individuals to get mortgage financing, even with a robust financial profile. Between gathering income documents, tax transcripts and guessing whether you qualify with your unique income profile. We recognized this difficulty and it drove us to offer mortgage programs tailored specifically to you, featuring common sense underwriting.…
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