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The Impact of COVID-19 on the Residential Real Estate Lending

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COVID-19 changed a lot for people, and not just about their health. Most people’s finances changed too, including the way they get a mortgage. Residential mortgage lending initially saw a dramatic increase in its requirements, making it much tougher for anyone to get a mortgage. As we continue to navigate the pandemic, the requirements aren’t as strict, but many things are … [Read more...] about The Impact of COVID-19 on the Residential Real Estate Lending

Coronavirus Pandemic: How to Get Quick Cash from Your House

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Millions of Americans have little to no cash flow thanks to COVID-19. While it can be scary, if you own a home, you have options. Before you jump in and refinance your mortgage, though, know your options and the requirements. Some lenders tightened restrictions in the face of COVID-19, while others offer the olive branch you need to temporarily ease your financial … [Read more...] about Coronavirus Pandemic: How to Get Quick Cash from Your House

Is it Risky to Buy a Foreclosed Home?

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Buying a foreclosed home could net you a great deal. But is it risky? It depends on the situation. Some foreclosed homes are ideal. They are in great condition and were just a circumstance of bad luck. Others aren’t so pretty. They are in complete disrepair, won’t pass an appraisal, and need a ton of work. Get Matched with a Lender, Click Here. Keep reading to learn about … [Read more...] about Is it Risky to Buy a Foreclosed Home?

How to Make an Offer on a House without an Agent

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Buying a house doesn’t mean you have to be represented by a real estate agent. Some people just prefer to handle things on their own. Even though a real estate agent may have access to listings sooner or can handle your offer for you, it’s still doable on your own. Before you set out to bid on your dream home, though, know the steps of making a correct offer so that you don’t … [Read more...] about How to Make an Offer on a House without an Agent

How to Obtain an FHA Cash Out Refinance

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If you have an FHA loan and are in need of money, you may be eligible for an FHA cash out refinance. This loan enables you to take cash out of the equity of your home. This means that you will have a mortgage with a higher loan-to-value ratio and higher payment, but you will have more cash in your hand to do with as you see fit. Many people tap into their equity in order to … [Read more...] about How to Obtain an FHA Cash Out Refinance