Posts Tagged ‘real estate’
The One Home Loan Program Many Buyers Overlook
The One Home Loan Program Many Buyers Overlook By Andre Enriques | Mortgage Banker – VA Loan Expert When it comes to buying a home, most buyers focus on the big-name loan options Conventional, FHA, or VA loans (if eligible). But there’s one powerful loan program that’s often overlooked and can make a huge difference,…
Read MoreHow To Avoid the Summer Real Estate Bidding Wars
Buying a property now before the summer months and the future rate reductions is a smart move. Now is the best time to buy to avoid the flood of buyers once the rates pull back. Here are several advantages to buying now: Avoiding Bidding Wars: During the summer months, when the real estate market…
Read MoreGreat News For FHA Buyers
Great News For FHA Buyers Hot off the press!!! FHA just announced the reduction of the monthly mortgage insurance premium!! This is great news for FHA buyers because this will give homebuyers more home buying power and monthly savings. FHA monthly mortgage insurance premium will be reduced from .85% down to .55% for loan amounts…
Read MoreIs now a good time to buy
Is now a good time to buy I have been asked this question many times recently and can honestly say, it’s never a bad time to buy real estate. Due to many recent interest rate hikes in 2022, it has pushed many qualified buyers to put their interest in purchasing a home on…
Read MoreWhat are impounds?
An impound account, also known as an escrow account is required on VA and FHA loans but is optional on all Conventional loans with a minimum of 5% down. An impound account is an account set up to include taxes and insurance within the monthly mortgage payment. When the impound account is initiated (usually when…
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