How accelerated payments can harm the real estate investor
Posted by: Aneta Zimnicki
When you apply for a mortgage, one of the key criteria is meeting the lender’s debt ratios. (see my related blog) Your debt ratio includes
Read MoreEach Office Independently Owned & Operated
Posted by: Aneta Zimnicki
When you apply for a mortgage, one of the key criteria is meeting the lender’s debt ratios. (see my related blog) Your debt ratio includes
Read MorePosted by: Aneta Zimnicki
We are in a very interesting window of time right now. Interest rates are low. Have you tested your existing mortgages with a refinance scenario? If you haven’t explored the possibility of refinance, you may be missing an opportunity
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In my previous blog , I discussed a number of reasons why simply looking at mortgage rate is not as important as one may think. This is especially important for the real estate investor interested in building up a portfolio with multiple mortgages and properties. Here are some other things to consider, beyond just looking at the […]
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Believe it or not, it is not all about the rate. Yeah, it may feel cool to tell your co-workers and friends the smoking deal you got on your mortgage, but
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March 11, 2013. Got quoted today in Mortgage Broker News, about registering former grow-ops with the regulatory authorities. Not a good idea, in my opinion, it will narrow lender choice and hurt real estate investors and innocent home buyers. A properly remediated property
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Is this you or someone you know? You are a new investor and have dreams of building a real estate portfolio. You have your primary residence and there is some locked-in equity, but gosh darn, your existing mortgage term is not expiring in the near future.
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Many consumers think that mortgages can only be obtained by walking into a ‘bricks and mortar’ retail bank. But the mortgage lending world goes far beyond that. There are so many mortgage options and lenders available,
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Previously I discussed the mortgage pre-approval, which is the first step in the mortgage approval process. Here is a basic rundown of the rest of the process, from purchase offer acceptance to closing day.
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You may have heard the terms Home Equity Line of Credit, HELOC, readvanceable mortgage, ‘Smith Manoeuvre’ used by sophisticated investors. It is a popular strategy with sophisticated investors, but how does it actually work?
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You hear the terminology ‘pre-approval’ often, but do you know exactly what it entails? One of the biggest misconceptions is that a pre-approval commitment from a lender is a guarantee of financing…it is simply just
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