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If you’re a self-employed future homeowner or already own a home and looking to refinance, then you’ll want to watch this video. Too many times I hear from frustrated buyers or current homeowners who think OR have been told rather, that they can’t get approved for a home loan because they do not have two […]
HomeStyle Renovation Loan – Before & After The value in the HomeStyle Renovation Loan is taking ANY house in the right location and turning it into the house you will LOVE. Watch one episode of Fixer Upper with Chip and Joanna Gaines http://tinyurl.com/ovnmj8v and you will see the value as a buyer or current homeowner. And if […]
By now you’ve probably heard about and have been reading up on Fannie Mae’s Homestyle Renovation Loan program. It’s a nifty little mini-construction loan. Released late in 2014 it was Fannie Mae’s answer to the FHA 203K loan – only it’s easier. Trust me I’ve done them and what a refreshing comparison. The Homestyle doesn’t […]
To Pay or Not To Pay…. That is the question. Hey, none of us WANT to pay FHA’s monthly mortgage insurance as part of our mortgage payment. But we have to pay to play right? Well, since FHA is so attractive in that it allows first time home buyers or those who have not owned […]
I recently read an article in the Tampa Bay Times. Although it was posted on May 30, 2014, I stumbled across it on a mortgage news daily post. Being in the Tampa Bay market myself and having a small, yet efficient mortgage consultant company, I felt compelled to blog about this ever interesting topic. With […]
Have you heard of the Fannie Mae Homestyle Renovation Loan? If you haven’t yet, you will. With Fannie Mae winding down the Homepath and Homepath Renovation Loan on October 6, 2014, they now will rival with FHA’s 203K. The Homestyle is a cool little hybrid construction loan if you will. With the Credit Crunch and […]
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