Fixed-rate and adjustable-rate mortgages (ARMs) are two standard mortgage products.
A fixed-rate mortgage has an interest rate that stays the same for the entire loan term, usually 15 or 30 years. This gives borrower...
Doing a cash-out refi on a 4-Unit that has completed a gut renovation. I'm working with a mortgage broker that I very much like working with, but these terms strike me mediocre at best. I have a strong track record,...
First time poster and would like some advice on the best way to structure the following deal. I’ve researched what I can but feel like there are some variables here that aren’t really covered. This would be my first c...
Hi Folks,
Rates on 30-year mortgages jumped to the highest level in seven months, Freddie Mac reported in its nationwide survey. Thirty-year, fixed-rate mortgages rose to 6.37 percent from 6.21 percent last week. It ...
Foreclosures Jump In Austin, Miami, San Diego, And Seattle . . . Say What????According to ATTOM Data Solutions report, the hardest hit areas in January include Orlando, Florida (up 72% y/y); Austin, Texas (up 60% y/y...
Hello All - longtime lurker here, and finally ready to jump in (to both investing and the forums!)Based on what I've learned on the podcast and here on BP, I've been shopping around for loans. We will be using around ...
I sold a home on a seller carry note. I used a licensed MLO to process the application and provide the disclosures. The terms of the loan were 10 year fixed interest rate, and then increasing 1% per year. Starting ...
Has anyone here used a physicians loan for a multi-family property? If so, how has it been going? Any lenders you can recommend?
Thank you!