Category Archives: Uncategorized

The grumbling we’re hearing across the nation from real estate agents is valid – many of their potential home buyers really cannot obtain a mortgage loan. Do you remember the banking industry’s reaction to the sub-prime mortgage crisis of 2007-2010? … Continue reading →

Prospective home buyers are naturally confused and wondering what to do. With interest rates double what they were not all that long ago, they’re wondering whether they’ll continue to rise or whether waiting a bit will mean paying a lower … Continue reading →

What’s the difference between a Conventional Mortgage loan and a FHA loan? If you’re thinking of buying a home, you may be getting advice regarding the kind of mortgage loan to choose. Does it matter? What are the real differences … Continue reading →

First, what is a home equity investment (HEI)? Also known as a Home Equity Sharing Agreement, it is a way for a cash-strapped homeowner with shaky credit to turn some of his or her home equity into cash. The homeowner … Continue reading →

When you’re thinking of buying a home, friends and family often come forth to advise you, caution you, and tell you the rules regarding home mortgages. While some of these rules have served a purpose in the past, now is … Continue reading →

Before you decide to simply take the standard deduction for 2022, check to see if your home ownership gives you a better break.   The 2017 Tax Cuts and Jobs Act of 2017 did reduce your allowable deductions. However, there is … Continue reading →

Refinancing takes time.  In fact, it can take anywhere from one to two months depending upon your lender and depending upon your own diligence in getting your paperwork submitted and in answering questions immediately.  Given the fact that interest rates … Continue reading →

  Bridge loans can be convenient tools, but they are not right for every borrower and/or every real estate market. A bridge loan, also known as a gap loan, is granted to bridge the gap in financing for a homeowner … Continue reading →

  Underwriting plays a crucial role in the timing of your home mortgage loan. Before you write an offer to purchase a home with a mortgage loan, discuss the time line with your loan officer. You won’t want to promise … Continue reading →