Homeownership is an exciting experience.More than a goal, it is a journey. For it to be meaningful, it has to be experienced. Homeownership is very personal. However, all homeowners have one common desire -- to keep their homes, where they feel safe and secure.Turning it into a Read more
Archives for September 2017
Fannie Mae Offers Solutions for Borrowers with Student Loans Buy Homes, Reduce Student Debt
Fannie Mae has unveiled three big changes to how conventional loans are underwritten via Desktop Underwriter® Version 10.1. These new policies are meant to bring homeownership closer to borrowers with student loans or at least, reduce their student debt via a refinance.“We understand the Read more
Why Should You Get a Mortgage Pre-approval First?
It's quite easy to get caught up in the excitement of looking for a home to buy. But within your home buying journey, establishing that you're a serious buyer is a plus. Usually, this can be established through a mortgage pre-approval.Buying a new home is a long process. It takes effort and Read more
More Appraisal-Free Mortgages as Fannie Mae Expands Property Inspection Waiver
More homeowners and homebuyers can hope for appraisal-free transactions as Fannie Mae’s property inspection waiver is in full swing. Approvals on conventional loans with no appraisal are expected to climb, reducing the costs and time it takes to get a mortgage.An appraisal is a staple in any Read more
In the Luxury Property Market, Cash is King
An average American carrying a mortgage would tell you the same story: it’s a tough process. Consider the money you have to save for the down payment, the paperwork that takes forever, and decades of taking majority of your paycheck for your house.Indeed, the American dream synonymized Read more
