Tag: Loans

Posted on 12/24/2023
3 Major Benefits of VA Loans
The U.S. Department of Veterans Affairs has helped countless veterans finance their home ownership goals. While you have the choice of a conventional loan offered by other mortgage lenders, there are some significant benefits to VA loans. Here are some of the most important advantages to consider: No Down Payment The most famous benefit of VA loans is...
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Posted on 10/29/2023
What is the mortgage origination process?
Have you ever thought about the mortgage loan process? If...
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Posted on 09/19/2021
Types of "Subject-to" Real Estate Investments
Image by Nattanan Kanchanaprat from Pixabay If you're looking for "subject-to" real estate, you know it can be a good investment. This kind of real estate is purchased "subject-to" the existing mortgage. So the buyer owns the property, but the mortgage stays in the seller's name. Payments are made by the buyer, but it's not necessary for that...
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Posted on 07/25/2021
A Beginner's Guide to Funding Your House-Flipping Business
Photo by Tima Miroshnichenko from Pexels Having the cash-on-hand to buy a dilapidated house and renovate it into a profit-generating dream home takes much of the financial strain off a house flipper's shoulders. But what about that hard-working person who possesses the skills and expertise but lacks money? Does the mere fact someone doesn't have the cushion of...
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Posted on 06/20/2021
How to Negotiate a Land Contract Vs. a Mortgage
Image by Shutterbug75 from Pixabay With a mortgage, a buyer is applying for financing to purchase the property in its entirety. They're relying on their credit and assets for approval before assuming responsibility of the full property. In a land contract, you're cutting out the need for a formal lender and relying on the seller to approve or...
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Posted on 06/09/2019
Alternatives to a Traditional Loan
The decision to buy a house is probably the best decision you would ever make. Deciding is the easy part; coming up with the capital to finance the dream is the hard part. Getting a home of your own has its perks, but it can be a daunting process to acquire. Usually, prospective homeowners seek mortgage loans when...
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