by sgomes | Oct 25, 2023 | Housing, Mortgage
You don’t have a 20% down payment saved to buy a house? A first-time home buyer doesn’t need a big down payment. In today’s competitive housing market, most sellers will not consider an offer if a pre-approval letter is not included. Begin your home search by...
by sgomes | Oct 18, 2023 | Home Equity, Housing, Mortgage
Monday, October 16, 2023 Have you ever considered adding an additional living unit on your property, or purchasing a home with an existing additional unit? These types of properties are popular for generating revenue from both short-term and long-term rental. ...
by sgomes | Oct 13, 2023 | Housing, Reverse Mortgage
Qualifying for a reverse mortgage requires far less documentation and fewer credit conditions than a forward mortgage. However, there are a few important requirements that must be met. Important Requirements: Borrowers in most states must be 55 years or older. Ages...
by sgomes | Oct 6, 2023 | Home Equity, Reverse Mortgage
As home equity increases, many homeowners are tapping into this growing source of available funds. This is particularly useful for homeowners that have a very low interest rate, since adding a home equity loan will not modify their existing mortgage rates or payments....
