It is no secret that the real estate market is in the midst of a prolonged recovery, as home values are slowly rising and sales are picking up. The question remains; what will it take to accelerate the speed and growth of the market rebound? Many analysts say that the market will never fully recover, […]
In a perfect world, we would all begin our investing careers with a nest egg to facilitate future purchases. Unfortunately, we don’t live in a perfect world. One of the biggest obstacles for new investors is finding financing. Your deals start and end with the financing. You can do everything else right, but if you […]
Since the government took over Fannie Mae & Freddie Mac a few years back, it has seen a rise in loan applications and closings. Recently announced changes in lending guidelines and programs would appear to be putting an end to that at some point early next year. With nearly two thirds of all loans closed […]
Breaking down your credit score is similar to understanding the mystery of the mortgage approval process. The basics seem easy enough, but it is much more complicated than initially thought. With mortgage approval, if you have a good credit score, a low debt-to-income ratio and a significant down payment, you would think you have a […]