Using Future Employment Income to Qualify for a Home Loan
Today, I want to address a common concern for many looking to buy a home: how to qualify for a mortgage using income from a future job. Let’s dive into the details to help you understand the process and avoid any pitfalls. Why Future Employment Matters in Home Loans When you’re planning to move for […]
When is the Right Time to Refinance Your Mortgage?
When is the right time to do a refinance? This is a question I get a lot at Mortgage Architects, especially as interest rates begin to come back down after a couple of years of increases. Timing the Market One of the first things to understand about refinancing is that it’s nearly impossible to perfectly […]
FHA House Hacking: Rules, Limits, and Rental Income Requirements
FHA loan house hacking lets you buy a multi-unit property with up to four units, live in one unit as your primary residence, and rent the others to reduce monthly housing costs. Eligible borrowers may make the minimum down payment of 3.5%, subject to FHA and lender requirements. A lender may use documented rental income […]
Buyer Agent or No Buyer Agent: That’s the Question
If you’re reading this, chances are you’re a buyer who’s out in the market and trying to figure out whether or not you need a buyer’s agent. This decision has become even more crucial after the recent post-NAR (National Association of Realtors) ruling, which may mean that the home you’re purchasing will no longer cover […]
Navegando por el panorama post veredicto de la NAR: Por qué un agente de compras sigue siendo su mejor apuesta en el sector inmobiliario
¿Se pregunta cómo el veredicto de la NAR cambia las cosas para usted como comprador o afecta a su agente inmobiliario? La sentencia no sólo impone un acuerdo de 418 millones de dólares a la Asociación Nacional de Agentes Inmobiliarios, sino que también exige un cambio en las estructuras de comisiones. En este artículo, iremos directamente al meollo de estos cambios, explorando cómo [...]
Podcast REB: Nathan Jennison sobre las ventajas de recurrir a un agente hipotecario independiente
¿Está pensando en comprar una casa o refinanciar su hipoteca? Si la respuesta es sí, echa un vistazo al último episodio del Podcast REB Lender's Table, presentado por Oyabiyi Ajinaku, también conocida como Bee, una agente inmobiliaria de Chicago. En este episodio Bee se sentó con Nathan Jennison, un experimentado corredor hipotecario independiente, para discutir [...]