​Purchasing a Property as an Independent Contractor

​Purchasing a Property as an Independent Contractor

If you’re an independent contractor, you’re part of a rising tide in a recent workforce change in which more high-skilled workers are choosing contract work over salaried positions. But many mortgage products are tailored to people in the latter group,...
Fall 2022 Shows Home Prices Dropping

Fall 2022 Shows Home Prices Dropping

When the Federal Reserve is making headlines, as it has been lately, questions can arise among potential homebuyers. The Fed’s moves affecting interest rates often spark fears that home-buying costs are rising beyond affordability. But it’s wise to...
What Types of Properties are Eligible for Investments?

What Types of Properties are Eligible for Investments?

If you’re thinking of purchasing an investment property, you’re in good company – investors bought a record share of homes last year. So what can you buy? Let’s take a look at the property types and the best financing for them. Eligible...
The 5 C’s of Credit – What Makes up a Promising Credit Profile

The 5 C’s of Credit – What Makes up a Promising Credit Profile

A system that many lenders employ to evaluate creditworthiness, the 5 C’s of Credit are an informal but widely used methodology in the approval process for mortgage loans. They are: Character, Capacity, Collateral, Capital, and Conditions. Let’s look at...