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29 December 2024 | 12 replies
@Luke H.If the buyer is living in the property now it’s a consumer loan compared to a loan to an investor and will kick in a lot more regulationsYou can’t do a balloon less than 5 years, need to have it serviced by a licensed servicer, will have to go by interest rate usury laws, collect escrow…..I would not loan on this property to an owner occupant
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28 December 2024 | 23 replies
In addition, in the African American Community, this is like the first or second generation where people can pass down anything.
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10 December 2024 | 2 replies
Would it break fair housing laws to say we are not willing to work with the program since it's not a source of income and they pay on their behalf?
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30 December 2024 | 11 replies
I have some great examples in my book, including my father-in-law who lost tens of thousands from a single mother that he tried to help.Stay at market rates.
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25 December 2024 | 12 replies
The city serves as the headquarters of several well known American companies including: Cerner Corporation (Oracle), T-mobile (Sprint), AT&T, BNSF Railway, GEICO, Garmin, Honeywell, and Hallmark.
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26 December 2024 | 3 replies
Signed into law in 2021, SB 9 is designed to address the housing crisis by allowing greater density in residential neighborhoods.
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20 December 2024 | 27 replies
Regardless of law or code.
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24 December 2024 | 44 replies
They prefer the middle/southern part of the country because the laws are friendly and prices are more affordable.
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31 December 2024 | 20 replies
For example, I’m currently assisting a municipality in purchasing a 200-unit complex that cash flows, ensuring long-term stability for their housing needs.Our Program’s Unique ApproachOur organization is specifically geared toward the Native American population—a demographic that often faces significant systemic challenges.