It's no secret that mortgage lending institutions look favorably on steady paychecks and positive debt-to-income ratios. That can leave many self-employed prospective home buyers feeling anxious about getting approved for a mortgage. But just like the 9-to-5ers who get regular paychecks, self-employed people earning a good living can get approved with a little due diligence. The primary concern of mortgage lenders is not necessarily where your revenue comes from, it's confidence that you can … [Read more...]
Real Estate Crowdfunding Investment Is Trending
Although the real estate market is currently booming, the last housing bubble burst remains relatively fresh in investors' minds and that has many taking a long look at crowdfunding. One of the lessons that came out of the burst and ensuing Great Recession was that investors were blind to where their money went. If you watched the Academy Award-winning film "The Big Short," then you at least understand Hollywood's hyperbolic explanation of the subprime mortgage crisis. You may be asking: what … [Read more...]
What To Know About Specialty Mortgages
Recent medical school graduates, saddled by high student loan debt, sometimes have a hard time qualifying for a first mortgage. Now, however, a growing number of lenders will consider future earnings potential of high earners in the medical profession as a way to offset high debt ratios. But specialty mortgages for young physicians aren't the only unique loans available today. Nationwide, there are a number of unique programs designed to help first-time buyers qualify for a mortgage loan. While … [Read more...]
U.S. Wage Increases Could Help Home Buyers
The struggle to achieve the American homeownership dream often feels like it happens in a vacuum. Everyday people work hard, save money and polish up their credit to get a low mortgage rate. But there are powerful forces at work that are far beyond each person's control. And until recently, the gap between American wage growth and rising home prices was widening. According to data coming out of the U.S. Department of Labor, unemployment recently hit a 49-year low and wages are enjoying the … [Read more...]
- « Previous Page
- 1
- …
- 127
- 128
- 129
- 130
- 131
- …
- 176
- Next Page »
