Understanding Debt Service Coverage Ratio (DSCR) Loans: A Key Metric for Lenders and Borrowers When it comes to securing a loan, especially for businesses or real estate investments, understanding how your ability to repay the loan is assessed can make all the difference. One of the most crucial metrics lenders...
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Buying a home in a high interest rate environment
In a high-interest rate environment, here are some pieces of advice for people looking to buy a home
All in One Mortgage Loan
What Is an All-In-One Mortgage?An all-in-one mortgage is a mortgage that allows a homeowner to pay down more interest in the short-term while giving them access to the equity built up in the property. It combines the elements of a checking and savings account with a mortgage and home equity line of credit (HELOC)...
Using a reverse (HECM) mortgage to purchase a home
How to use a reverse (HECM) mortgage to purchase a new home.
Qualify for a mortgage with rent payments
Qualify for a mortgage through a consistent rental history through Fannie Mae's new underwriting guidelines
Reverse Mortgage to Purchase
HECM for Purchase is a reverse mortgage that allows seniors to purchase a new principal residence using proceeds from a reverse mortgage.