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Income Documentation for Self-Employed Borrowers of Owner Builder Construction Loans

Chris Esposito originates owner builder construction loans through a specialized program, Owner Builder 101. It was established to work specifically with borrowers who want to save money by building their own homes without hiring a general contractor. Visit OwnerBuilder101.com, or call (877) 876-3688.

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The Fall of the Owner Builder Construction Loan

Owner builder construction loans have not been immune from the pains within the mortgage industry over the last couple of years. In fact, there have recently been some major changes within the world of owner builder construction financing that are worth examining. It’s time to take stock and fully assess your current options for the [...]

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Reverse Mortgages: One Option as a Home Owner

Becoming a home owner can be a very gratifying step in your life. Although it may take some extra time and stress when you are first going through the process of buying your home, once you are settled in, you will soon realize the benefits that come along with owning your own home. There are [...]

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Things to Consider as a Home Owner: Reverse Mortgages

While it can be very easy to rent a place to live instead of going through the process of buying a home, easier is not always better. As a renter, you likely do not have to worry about when anything goes wrong with your residence because it is the obligation of the landlord to take [...]

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How to Botch a Home Loan Application: An Example from Owner Builder Construction Loans

Getting a loan pre-approval from a lender is a quick, easy process. Typically, you fill out a few pages about your financial situation, the bank runs the numbers through a computer approval system, and you’re pre-approved the next day. So, how do so many people mess it up so badly? Simply put, people lie (either [...]

Posted in Business and Finance | Tagged a, an, application, botch, builder, construction, example, from, home, how, loan, loans, owner, to | Leave a response

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