When you have an appraisal done on a home, the appraiser looks at more than just the subject home (the home for sale). He also looks at comparable sales. The comparable sales are what the appraiser uses to derive the fair market value of the subject home.Looking for Current Mortgage Interest Read more
Getting Cash Out of Your Rental Property
With home values on the rise, many homeowners wonder if it’s possible to get cash out of their rental property.It is possible and may even be a good idea rather than leaving the equity ‘stuck’ in the home. By taking the equity out of the home, investors can continue their investments, buying yet Read more
Fixed Rate or Variable Rate: Which is Better?
One of the most important decisions you’ll make when you take out a mortgage is the interest rate. Not only do you have to worry about the number, but also what type of rate you choose. You can choose between a fixed rate and a variable rate. Keep reading to learn how to tell which might be right Read more
All About the FMERR Program
Freddie Mac had a refinance program for borrowers with little equity in their homes. The FMERR program expired on September 1, 2019, but they have extended it before. Below we’ll touch on the basics of the FMERR program as well as show you the alternative most people can benefit from in place of Read more
Do Student Loans Stop you From Getting a Mortgage?
If you left college with a boatload of debt, you may feel like you are stuck renting for the rest of your life. Luckily, that doesn’t have to be the case. Student loans do add debt to your monthly load, but they don’t have to be the reason you don’t get a loan.Get Matched with a Lender, Click Read more
