Self-Employed and Struggling to Get a Mortgage? Bank Statement Loans Could Be the Answer. Being self-employed or freelance offers amazing freedoms, but securing a traditional mortgage can sometimes feel like an uphill battle. Why? Lenders often rely heavily on tax returns, which … [Read more...] about Trying to Get a Mortgage When You’re Self-Employed?
Mortgages
Buying a Home in California-Understand the Mortgage Process
Buying a home is one of the most exciting milestones in life, but the process can feel overwhelming, especially if you're unfamiliar with how mortgages work. If you're earning a good income and considering a move to California, this guide is for you. We'll break down the … [Read more...] about Buying a Home in California-Understand the Mortgage Process
The Hidden Costs of a Mortgage: What No One Tells You!
The Hidden Costs of a Mortgage: What No One Tells You! Loan Fees and Closing Costs - what's the difference? Understanding the Hidden Costs When Buying a Home When you're buying a home, everyone talks about the excitement of owning property, but no one really dives into the … [Read more...] about The Hidden Costs of a Mortgage: What No One Tells You!
Why Are Mortgage Guidelines So Strict and Unyielding?
Why Are Mortgage Guidelines So Strict? Let’s first talk about what a lender's “underwriter” is, since I’ll be using that term throughout this post. An underwriter is an individual at the bank who reviews your loan application and financial information to decide if you qualify … [Read more...] about Why Are Mortgage Guidelines So Strict and Unyielding?
How to Break into Real Estate Without Showing Income
Here's how to Break into Real Estate Without Showing Income. Imagine this: You’ve been dreaming of investing in real estate. You’ve got the 20% down payment saved, your credit score is solid, and you’re ready to take the plunge. There’s just one problem: your income isn’t … [Read more...] about How to Break into Real Estate Without Showing Income
Inflation Has Dropped to Lowest Level Since 2021- but don’t fall for the hype!
The latest economic news has sparked excitement in the housing market. Inflation has dropped to its lowest point since 2021. This shift could lead to significant changes for both buyers and sellers. Here's what's digusting me. I receive emails daily, screaming, "Rates are … [Read more...] about Inflation Has Dropped to Lowest Level Since 2021- but don’t fall for the hype!
