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30 January 2025 | 21 replies
For comparison, a Navy Federal FCU personal loan will be in the 15s%
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29 January 2025 | 5 replies
.~ I will most likely purchase the first home (multi-family) using a bridge-DSCR loan combo or a FHA203K (3.5-20% down).
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1 February 2025 | 4 replies
What’s the purpose of the loan and what is the collateral?
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30 January 2025 | 3 replies
The SST doesn't apply for legal 2-flats so if you want to use FHA it's probably better to target those that maybe also have a non-conforming basement or attic unit.This is why the 5% down conventional loan is a game changer for house hackers.
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28 January 2025 | 9 replies
LTV would be determined by the type of loan.
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4 February 2025 | 11 replies
Hey Patrick, This would be a DSCR loan.
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18 February 2025 | 4 replies
If you’re looking to finance a rental purchase, a DSCR loan could be an option, as it focuses more on the property's income rather than your personal credit score.In the meantime, you can get your current property rent ready while also working on improving your credit.
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22 February 2025 | 5 replies
Plus moving to your house will allow you to take advantage of the best loan programs!
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10 February 2025 | 3 replies
$190k all-in ($131,250 30 year loan, $43,750 DP and $15k in renovations).
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5 February 2025 | 8 replies
Points for the loan 1-2 points, so now you are in $3,413 roughly.