Category: Home Loans
Can You Buy A House With Crypto?
Buying a house is a milestone that more people are committing to than ever before. In the last three years, The Atlantic’s report on real estate reveals that people are snapping up houses faster and at higher costs. In fact, the housing boom is so big that up to two-thirds of buyers submitted an offer.....
As Banks Pull Back, LendingOne Charges Forward for Landlords with Launch of New Rental Property Mortgage
Investor Select fills the void for investment properties that banks are leaving behind by offering better flexibility and easier qualifications for landlords Investor Select by LendingOne "We wanted to create a product for aspiring and casual real estate investors that offers competitive rates, flexible underwriting, and fast close times. Matt Neisser, CEO" Banks have raised.....
Refinance Fever, Take Advantage of Current Low Interest Rates
After the Federal Reserve’s decision in late July to lower interest rates, there was an immediate and dramatic impact on the mortgage market as many families moved to take advantage of the new rates. In the week following the rate cut, new mortgage applications skyrocketed as many families decided that now was the time to.....
Struggling to Pay Bills in Retirement? A Reverse Mortgage Could Make Sense
Once a homeowner stops working and retires, they still have plenty of expenses that can create financial stress. Healthcare often tops the list, but maintaining a house can be costly, too. For example, a new roof or minor improvement projects can easily cost $10,000 or more. And, even though many cities and counties provide a.....
Know Before You Owe, About VA Loans
An essential element of finding the right mortgage financing for your personal circumstances is to know about all of your options. If you’re an active duty serviceperson in the military, a veteran, a reservist, a member of the National Guard or a surviving spouse of someone in one of those groups, you may be eligible.....
Debunking Common Reverse Mortgage Myths
Although the reverse mortgage program is supported by the Federal government and the loans have been available for nearly 60 years, reverse mortgages have not consistently been used as a financial planning tool. That’s changing, however, primarily because of consumer protections, including limits on loan proceeds, required counseling and the addition of a Financial Assessment,.....