by rlafaye | Apr 9, 2023 | Finances
What is a ProSumer? As a mortgage lender, one of the most frequent questions I receive is, “Should I rent or buy”. With few exceptions, buying makes the most sense. The term ProSumer is one you will hear more in the future. It comes from the...
by rlafaye | Apr 9, 2023 | Finances
For FAST loan approval, this is what you need to do… To ensure a quick loan approval, lenders require borrowers to provide documentation for four important factors: credit, assets, collateral, and income. Here’s what you need to know to expedite the loan...
by rlafaye | Apr 9, 2023 | Finances
The top 5 reasons you should NOT finance a home with a 30-year mortgage In 1938, the Federal National Mortgage Association (also known as Fannie Mae) was established to add some stability and liquidity to the mortgage industry. Even so, it wasn’t until 1948 that...
by rlafaye | Apr 9, 2023 | Finances
Buying a home, especially for the first time, can be so exciting. The new neighborhood, the big, beautiful kitchen, the expansive backyard, the luxurious master bedroom with spa-like bathroom and don’t even get me started on the game or theatre rooms! Do an...
by rlafaye | Apr 9, 2023 | Finances
The Down Payment Many people put off buying their first home because they just can’t seem to save enough money for the down payment. It’s such a common problem that institutions have come up with possible solutions. Let’s look at some of your options… VA...
by rlafaye | Apr 9, 2023 | Finances
What exactly are “bank statement loans” and is it something that can benefit you and your family? Well, you’re about to find out. There is no such thing as a one-size-fits-all mortgage and we can’t all be expected to fit into this nice little box of...
