What are Non-QM Loans?

What are Non-QM Loans?

In the mortgage world, there are qualified mortgages and non-qualified mortgages. While qualified mortgages meet specific lender and borrower standards set forth by federal regulations, non-qualified, aka non-QM loans have greater flexibility and can be a great...
Bank Statement Loan vs Full Doc

Bank Statement Loan vs Full Doc

If you’re planning to buy a home and are exploring alternative options to traditional  financing, you may have come across something called a bank statement loan. These loans can be very appealing to some borrowers, especially those who may be unable to qualify for a...
Bank Statement Loan vs Full Doc

Make 2020 the Year for Homeownership… Getting Your Financing Ready

Buying a home can be an exciting journey, especially when you’re becoming a homeowner for the first time. However, the process is often complicated and may seem overwhelming to new buyers. To ensure the path to homeownership is a successful and relatively smooth one,...
Higher FHA and Conventional Loan Limits Means Better Pricing for Consumers

Higher FHA and Conventional Loan Limits Means Better Pricing for Consumers

Last year, the Federal Housing Administration (FHA) announced it would be increasing the limits they set on their home loan products. In other words, if you got approved for an FHA loan in 2019, you probably got to take advantage of more borrowing power. Fast forward...
Diversify Your Investments in 2020 by Buying a Rental Property

Diversify Your Investments in 2020 by Buying a Rental Property

Rental property ownership may not be for everyone. But for the focused investor, it could prove to be a highly worthwhile endeavor. In today’s post, we’ll talk about how you can diversify your investments and potentially earn extra monthly income by being a landlord....
Home Loans for Entrepreneurs

Home Loans for Entrepreneurs

Being an entrepreneur means creating a living with the knowledge and expertise to calculate risks, and hopefully build a successful business. It’s no easy feat, and often comes with unique challenges when it comes to securing financing. For business owners and...