The Freddie Mac HomePossible Mortgage combines flexible credit score requirements with an incredibly low down payment requirement of just 3%.Read More
Fannie Mae and Freddie Mac are two names that are constantly thrown around in the world of home finance, but what are they, really?Read More
While you’re not likely to hear lenders use the term “subprime loan” or “subprime mortgage” these days, you can still find loans that are most definitely subprime.Read More
Being self-employed can be a really great situation for people who need more control over their work environments or who simply work better by themselves. For the most part, it’s just like working other jobs, except that you’re the one making the big decisions. Unfortunately, for a long time a lot of lenders didn’t see it that way -- instead, you were considered a high risk borrower.Read More
Even though it’s been a while since I was an active Realtor, I do still keep an eye on the market because I am both a homeowner and a future home buyer. It’s good to know what’s going on when you’re making such a large purchase, but it’s not for everyone. That’s why I’m here to distribute tips and hints and bits and pieces that hopefully help you better understand the whirlwind that is buying a home.Read More
If you’ve recently gotten a windfall -- say, a big work bonus, or an inheritance from a long-lost uncle -- you might be wondering whether to pay off your mortgage, or invest the extra cash in order to make more money in the future.
When it comes to deciding the best way to spend your extra money, there are several factors to take into account. This includes the type of mortgage you currently have, your personal appetite for risk, and how much you expect to get from your potential investment. We’ll help you make the call.Read More