A Home Equity Line of Credit is a type of loan that allows homeowners to borrow against the equity they have built in their property. Equity is the difference between the home's current market value and the outstanding mortgage balance. HELOCs are typically offered by banks, credit unions, and other financial institutions and are often regarded as a "second mortgage."
Buying a house is generally quicker and more convenient than building one. You can move in as soon as you close the deal, without having to wait for construction to be completed.
Buying a house is one of the most significant financial decisions in one's life, and it's essential to make smart choices to save money during the process. While purchasing a home can be expensive, there are several strategies you can implement to maximize your savings and make the most of your investment.
While property lines are the borders that separate one property from another, they are also legal boundaries. Essentially, property lines determine what you do and do not own.
While it may seem like a big time commitment to find a new home while you're still busy with your work there are several significant financial benefits to purchasing your retirement home before you actually do retire. Here are our top reasons why.
While it may seem like a big time commitment to find a new home while you're still busy with your work there are several significant financial benefits to purchasing your retirement home before you actually do retire. Here are our top reasons why.
While it may seem like a big time commitment to find a new home while you're still busy with your work there are several significant financial benefits to purchasing your retirement home before you actually do retire. Here are our top reasons why.
While it may seem like a big time commitment to find a new home while you're still busy with your work there are several significant financial benefits to purchasing your retirement home before you actually do retire. Here are our top reasons why.
While it may seem like a big time commitment to find a new home while you're still busy with your work there are several significant financial benefits to purchasing your retirement home before you actually do retire. Here are our top reasons why.
While it may seem like a big time commitment to find a new home while you're still busy with your work there are several significant financial benefits to purchasing your retirement home before you actually do retire. Here are our top reasons why.
For the investor who owns an investment property free-and-clear and desires to leverage that property for any reason. Term Length: 13 months
For the investor who owns an investment property and is in need capital for construction. Term Length: 13 months
Single-Close construction to permanent financing. Term Length: 13-19 months Fixed Interest, Balloon Note.
Fix-and-flip loans can fund the purchase and renovation of residential investment properties. They are typically short-term and offer quick closing on non-owner-occupied properties in any condition. Term Length: 13 months
A new construction hard money loan can be used to finance the acquisition and construction of real estate properties. Term Length 6-12 months with Extension Options.
Loans offer a diverse of commercial real estate loans to meet your individual needs and investment objectives. Apartments, Office, Retail, Medical, Warehouses and industrial facilities, Hotels and resorts, and Land development.
Loans allow your clients to buy a home in a qualifying rural or suburban area for 0% down if they meet income guidelines.
Our high-balance loan offers easier qualifications than a jumbo loan, a FICO® Score as low as 620 and a loan-to-value ratio (LTV) of up to 80% on cash-out properties.
Interest Rate Reduction Refinance Loan (IRRRL): Our VA Streamline provides clients who have an existing VA loan the financial flexibility to lower their interest rate or change their term.
VA Streamline: Advantages
This no down payment loan option was created especially for your clients who are qualified veterans, service members and spouses.
This refinance option lets your clients lower their monthly payment on the FHA loan they already have without an appraisal.
Key Benefits of An FHA Streamline
This product is a great option for clients with credit scores of 580 and higher who pay a 3.5% down payment.