Reading Time: 5 minutes In this blog, we will cover and discuss getting a mortgage after bankruptcy and foreclosure. There is a mandatory waiting period after bankruptcy and foreclosure to qualify for a residential mortgage loan. Government and conventional loans have a mandatory waiting period requirement to qualify for a mortgage after bankruptcy and/or a housing event. In the…
Reading Time: 3 minutes This Article Is About Gift Funds For Down Payment On House Purchase HUD, the parent of FHA, allows gift funds for the down payment on house purchase: The Federal Housing Administration allows a home buyer applying for an FHA loan to get 100% of their 3.5% down payment on home purchase via gift funds from…
Reading Time: 3 minutes This BLOG On Condotel And Non-Warrantable Condo Mortgage Loans Was UPDATED On October 29th, 2018 Condotel and non-warrantable condo units are becoming increasingly popular in Florida and other parts of the country. Condotel and non-warrantable condo mortgage loans are now available for primary, second/vacation homes, and investment homes mortgage loan programs Condotel and non-warrantable condo mortgage…
Reading Time: 4 minutes This BLOG On Hard Money Lending In Chicago For Real Estate Investors Was UPDATED On November 21st, 2018 Who’s Real In The Hard Money Lending Realm As a managing partner of Investor relations, it is my responsibility to explain and offer up information about hard money lending in Chicago that will educate or inform our potential…