Bridge Loans FAQs
Your clients have found the perfect home — but they haven’t sold their old one yet. Buying the new home would require them to come up with the down payment and get approved for the mortgage while at the same…
Your clients have found the perfect home — but they haven’t sold their old one yet. Buying the new home would require them to come up with the down payment and get approved for the mortgage while at the same…
Congratulations — you’ve just bought a new home! Of course, now you want to maximize the enjoyment and safety it offers you while at the same time increasing its value. The good news is that there’s a simple and relatively…
Imagine the following scenario: You’ve just moved into your new home. When you come home from work one evening, none of the lights or appliances are working. You immediately check the fuse box and breaker switch — but nothing seems…
It’s an exciting time when your baby starts to crawl or your toddler takes his or her first steps. But as every parent knows, it’s also nerve-wracking. Everything suddenly becomes a potential hazard, from stairs, cabinets and drawers to table…
In order to purchase a home, a lender will require your clients to provide a down payment. This is a percentage of the home purchase price that the buyer pays to the seller. However, many buyers have questions about down…
When your clients are first-time homebuyers, it’s important that they understand how their credit scores will impact a lender’s decision to give them a mortgage. Here’s what they need to know about their current credit scores, as well as a…
Are you getting ready to move to a new home? Then chances are that you have mixed feelings about packing up all of your possessions. On one hand, it can be a lot of fun to go through your closet…
It will take some serious soul-searching before you decide whether to rent or buy a home. Homeownership is one of the biggest financial investments you will make in your lifetime. Pricing If you think you can afford a $1,500 per…
When you’re ready to purchase a new home, you may need to go through a bit of paperwork before you are financially approved. You must speak with a lender to be pre-approved for a mortgage loan, which will help you…
A short sale is an agreement between a home seller and their lender in the beginning stages of foreclosure. It allows a home or property to be sold for less than the existing outstanding loan balance. Over the past several…
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