All my dreams have come true! The Federal Reserve lowered interest rates, which are now .50% lower. The crazy part is that none of the bond and mortgage-backed security traders saw this coming, and now everything is .50 lower!   All kidding aside, everyone seemed to know that the Federal Reserve would cut rates this […]

Imagine this: You and your siblings inherit the family home. You love it – those cozy memories of holidays! But your siblings? They want cold, hard cash. How do you keep the house without staging a sibling brawl? Enter the trust loan, the financial superhero that lets you keep the property and buy out your […]

Happy Tuesday!  Debt-to-income ratios are one of the main factors when qualifying a buyer for a mortgage. When I started in the business, they used to tell us we could go to 28% on the front end (Principal, Interest, Taxes, and Insurance) and 36% on the back end (all other bills, credit cards, car payments, […]

I had a client come to me yesterday who is living in a condo, and they want to move up and purchase a house. The problem is that the hubby works under the table in a cash business and does not show income on his taxes. When they bought the condo, the wife had to […]

Slow holiday weekends are usually the norm, but this holiday weekend was mainly about Bridge Loans. Please understand that Bridge Loans do not have any income qualifications! That means I don’t care if you are self-employed, unemployed, on disability, or anything else. The Bridge loan does not have any income qualifications!!!   On the other […]