Exotic Loans- Lets Talk Bank Statements For Self Employed People
In this upcoming series of blog posts we will discuss unusual and exotic loan programs that might not be for everyone, but will help some people who wouldn’t otherwise qualify for a loan. Today, we will talk about Bank Statement Programs and explain: Why these programs exist How they work How you qualify What they…Read More
The Best Buying Opportunity In Years!
If you’ve been looking for a house and wondering if now is the right time to buy, the answer is, from a financial perspective, a resounding yes! This is the best buying opportunity we have seen in years! The 10 year treasury just dropped to it’s lowest point since September 2017, Click here for link …Read More
When should I consider a refinance?
Refinancing your home can make sense for many different reasons, including, but not limited to: Lowering your interest rate Reducing your PMI Restructuring your debt obligations Building equity Changing the type of loan you are in Introduction It’s funny- I’ve been in the real estate industry for about 15 years now, and I’ve heard it…Read More
Podcast With Lucas
This is our first ever podcast, Shelby is trying to teach an old dog new tricks. We are just sort of goofing around and testing our equipment and if I’m smart enough to figure out how to embed a podcast.Read More
Why Should I Get A Good Prequalification From A Local Lender?
A good prequalification from a local lender has numerous advantages that will make sure that you end up with the best possible home buying experience You will be able to tap into a local team with local knowledge to make sure everyone in the process supports your needs We will listen to you and help…Read More
Can I Afford to Buy a House? Part 2- Debt to Income
Calculating the Income Portion of the Debt To Income Ratio Introduction The Debt to Income Equation Best Case Scenario for maximum debt to income by loan type Whose income do I get to count in the calculation? How do I figure out how much income I get to count? How long do I have to…Read More
Can I Afford To Buy A House? Debt to Income Ratio
Calculating The Debt Portion Of The Debt To Income Ratio Introduction The Debt to Income Equation Best Case Scenario for maximum debt to income by loan type What counts as debt and what doesn’t count as debt How to figure out the 5 inputs of your house payment Student loan calculations A little bit about…Read More
Will the house I want to buy qualify for a loan?
Lenders want to know that the home they are loaning you money to buy is a good investment. So, after determining that you are an acceptable risk they have to find out if the same can be said of your house. Introduction What is my home worth? What if my home isn’t worth what I…Read More
How Do I Improve My Credit Score Enough To Buy A House?
Credit is an important part of the home buying process and can influence what type of loan you qualify for and how much you will have to pay for that loan. Improving your credit score is key to getting the best deal that you can possibly get Introduction Should I Try To Improve My Credit…Read More