As we continue down the loan program row, I wanted to talk about Non-QM Mortgages today. Non-QM Loans are not your Standard Fannie / Freddie/ FHA / VA conventional loans, and they require a larger down payment and are generally for people who can’t qualify for your standard mortgages. The rates are a bit higher, […]

Happy Thursday, and I hope things are going well. As we run through some loan programs, I decided to go with a hard money loan or a Private loan, as these have been popular of late. We have a lot of different versions of Private money loans, and probably too many to write down, so […]

I told you I would update you on different programs, and although we have been talking about Buydown loans for the past six months, I am now getting a lot of questions about 3/2/1 Buydowns. Yes, we do them, and all buydown loans work the same. Assuming rates are 5.99% today: 3/2/1 Buydown is a […]

VA Loans are a great way to get into a house for our Veterans! Below are a few bullet points on VA loans that may be useful to you: These loans are pretty lenient, and we don’t consider debt-to-income ratios when pre-approve buyers. VA looks at residual income, ensuring they have enough income to live […]

Happy New Year, and let’s make 2023 a great year! Over the long weekend, I had a chance to look over some of the things we did for clients in 2022, and I hope they appreciate me! LOL! I will take the next few weeks and discuss loan programs so we all have a better […]