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...
Tag: Real Estate
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
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
Buying Vs Renting
Buying versus Renting: You need to determine what will make you the happiest and what makes the most financial sense. I have seen it asked many times on Quora whether someone should continue renting or if they should buy a home. It is certainly a sign of the times that buying a...
Tips for Real Estate Agents
Tips for Real Estate Agents Real estate agents are required to work for and under the umbrella of a designated broker. The term "agent" refers to the strictly defined relationship between real estate agents and the buyers and sellers with whom he or she conducts business. An agent is an individual who is authorized and consents...