Bella Mertz VA construction loans can help qualified Veterans finance the purchase of land and the construction of a brand-new home without the need for a down payment. VA construction loan lenders are challenging to come by. True, $0 down VA construction loans arent incredibly common in todays lending climate. Many lenders, including Veterans United, do not … Read more
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Investing in real estate is essentially one of the smartest and safest strategies to promote wealth building. With the proper foundation and knowledge, investing in real estate can be highly lucrative for anyone. But let’s be honest, you already knew that. However, of particular interest is what an investor can do with the money they … Read more
An FHA construction loan can help you realize your dream of creating your forever home from the ground up, even if you have less-than-perfect credit. As long as you can make a 10% down payment, you may qualify for an FHA construction loan with a credit score as low as 500. Here’s what you need … Read more
Anyone who was applied for a loan knows that finding the right loan plan for you can cause a headache. What is the difference between a fully and partially amortized loan? What is a balloon payment? You can learn all about it below. A partially amortized loan is a type of loan in which only … Read more
If you have a mortgage it’s important to know who actually owns your home loan especially if you ever need mortgage assistance or help avoiding foreclosure. The company you make payments to each month – your mortgage servicer – doesn’t necessarily own your mortgage. Loans are commonly bought and sold. Luckily, homeowners have the right … Read more
If you’re purchasing or refinancing an income-generating property, you likely plan to use the rent amount to boost your loan application. However, the rules for using rental income from the subject property with a conventional loan can be tricky to decipher. To clarify things, weve compiled a guide to how lenders calculate rental income, including … Read more
Dallas has emerged as one of the hottest markets for fix and flip loans. With a booming real estate sector and ample investment opportunities, Dallas is an ideal place for investors looking to renovate and quickly sell residential properties for profit. In this comprehensive guide, we will explore everything you need to know about obtaining … Read more
If you’d like to become a loan officer in Texas, there is a clear path to follow to get your Texas MLO license and begin your career in the mortgage industry. The term mortgage loan originator (MLO), licensed mortgage loan officer are frequently used interchangeably and both reflect the important job of helping home buyers … Read more
Purchasing a fixer-upper can be a great way to get into homeownership for a lower price. But financing the purchase and renovations can get tricky. Here’s a step-by-step guide to buying a fixer-upper with a loan. What Is A Fixer-Upper? A fixer-upper is a home that needs significant repairs, upgrades or renovations to restore it … Read more