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Category Archives: Uncategorized
Why the FHA Self-Sufficiency Test Is So Important For First-time Investors in 3- or 4-Unit Properties
An FHA loan is a mortgage insured by the Federal Housing Administration. Backed by the Federal Housing Administration, an FHA loan may require a down payment as little as 3.5% for a credit score of 580 or higher versus the … Continue reading
To move from an adjustable-rate mortgage to a fixed-rate loanSometimes you have to settle for an adjustable-rate to get a lower interest rate when you really need it. Now that you have been making your monthly payments on a regular … Continue reading
A New Year brings new goals. Financially you may wish to build up savings, pay off debt, manage monthly spending or save for retirement. Here are five goals to help you stick to your 2015 financial resolutions. Make Extra Mortgage … Continue reading
Can you believe it has been 74 months since the number of total foreclosure filings has been this low? My prediction is that the inventory is going to stay low, you will see developers come back into the business, the … Continue reading
Is it okay to share the household bills with your children? My parents started to show the household bills to me at 10 years old. It all started because I couldn’t understand why my friend had more shoes and clothes … Continue reading
With holidays on the brain, many individuals don’t realize that this lull in home sales during holiday season is extremely beneficial for buyers. There not only is less competition for those attractive homes, but the many sellers are motivated, willing … Continue reading