Many senior homeowners have lived in their homes for a very long time, have no desire to move and have gotten reverse mortgages so that they can continue to live in their homes payment free for life while accessing their equity to help supply them with income or cash to meet their living needs. Still [...]
Most people understand that the mortgages that they may qualify for are directly related to their credit scores. Common sense dictates that the better your credit scores are the more mortgages you would qualify for, and for better interest rates, as well. But let’s face it, the number of people who have perfect credit are [...]
Happy Holidays. It’s that time of year again. Holiday season not only means shopping for stocking stuffers. It’s also the time of year when people start planning their construction projects to be able to begin building in the spring. Here’s a list of features your owner builder construction loan must have to make your shopping [...]
Many people are kept out of the housing market due to lack of sufficient down payment and/or funds available for closing costs. Yet these potential homeowners can afford to make a rental payment that would be equivalent to a mortgage payment. In fact, the lack of resources keeps veterans renting instead of becoming owners as [...]