Conventional Mortgages and The Understanding Behind Them
Welcome to the world of mortgages, where the term “conventional mortgages” is often thrown around. But fear not, we’re here to simplify this common mortgage type in a friendly and approachable manner! Understanding Conventional Mortgages What is a Conventional Mortgage? So, what exactly is a conventional mortgage? In simple terms, it’s a home loan that […]
Credit Score: An Element in Real Estate
If you are not purchasing your new home with cash, your credit holds a significant influence over your ability to secure a mortgage, negotiate favorable terms, and achieve your dream of becoming a homeowner. Your credit score is sometimes misunderstood. Understanding it is a crucial part of obtaining the funds for your new home. Decoding […]
Mortgage: Loan Basics for Beginners
For many, owning a home is part of the American dream. And for most, getting a mortgage is just one of the steps to getting there. In this blog, we will cover some of the mortgage basics, including defining a mortgage, how to get one, introduction to the types of mortgages and the benefits of […]
Simplifying Conforming Loan Limits
When securing a loan for a new home, commonly known as a mortgage, the amount you can borrow is constrained by certain factors. Your creditworthiness and the extent to which you can allocate funds monthly, as influenced by your debt-to-income ratio, play pivotal roles in determining this limit. Lenders adhere to guidelines set by the […]
Demystifying the DSCR Loan
When embarking on the exciting journey of home buying, securing a loan is often your inaugural step. Amidst the plethora of loan options, today, we shine a spotlight on a financial luminary
Navigating Interest Rates in the Current Housing Market
In the constantly evolving backdrop of the housing market, interest rates play a crucial role. As a homeowner and as a potential
Understanding Return on Investment vs. Return on Equity as it Relates to Rental Income on Real Estate
Investing in real estate is a popular and effective way to build wealth over time. But when it comes to calculating the success of your investment, it’s important to understand the difference between return on investment (ROI) and return on equity (ROE). ROI measures the amount of money you make on your investment relative to […]
Loan Options and Seller Concessions in Today’s Market
Are you ready to make a purchase, but unsure about the best route to go with the changing landscape of the real estate market and mortgage loan options? This month, I’d like to show you how to get creative with loan types and buydowns, and seller credits at closing to create a win-win all around! […]
Anonymity & Protecting Your Real Estate Investments
As a real estate investor, protecting your assets should be a top priority. Setting up LLCs correctly and choosing anonymity for those LLCs can be very helpful. Since you don’t know when things might go awry, you’ve got to be prepared! If you or your property are the source of a lawsuit or have done […]
Life at Altitude – March 2022
Life at Altitude with Danielle Connor March 2022 To HOA, or not to HOA? As our team’s Buyer Specialist, I field a lot of questions about Homeowners Associations. “Are they actually helpful?” “Aren’t HOAs super restrictive with what I can do?” “Why are they so much per month?” There aren’t black and white answers for […]
