MERIDEN, Conn., Aug. 5, 2021 /PRNewswire/ — Planet Home Lending, LLC, a national mortgage lender and servicer, has opened a new branch at 1608 Queen St., Wilmington, NC (NMLS #2162069). Mortgage industry professional Dawn Bailey (NMLS#692052) is Branch Manager of the new location and is joined by Mortgage Loan Originator Heather House (NMLS #1328615) and Loan […]
Read MoreIn Nevada’s housing market, cash is king. It’s a message that Lorena Caldwell, a Las Vegas realtor who works primarily with low-income and working class home buyers, emphasizes whenever she sits down with someone searching for a house. “Be ready for a hell ride,” she tells clients, explaining that without the need for a loan […]
Read MoreCampbell Smyth is CEO of non-bank lender Bluestone and says using a more tailored approach coupled with latest technology can in fact speed up the approval process. Smyth says Bluestone can give conditional same-day approvals and their median time from application to unconditional approval has been 14 days for the last quarter. The approach has […]
Read MoreAs a real estate investor, your number one priority should be to be open to learning and educating yourself on the real estate market’s happenings. These frequently asked real estate questions will provide you with a better understanding of what to expect as a real estate investor and provide you with the ability to stand […]
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Read MoreJosh Stech and his Sundae team connect sellers with property investors For Josh Stech, helping people find a better place to live has never been a job, but a calling. Stech is the Co-Founder and CEO of Sundae, a California-based firm that specializes in connecting people looking to sell homes that could “use a little […]
Read MoreHomeownership is no small step. To qualify for a mortgage, you’ll need to meet your lender’s eligibility requirements. Most financial institutions consider your credit score, debts and income when determining your ability to secure a mortgage loan. Before you start shopping for mortgage rates, consider the following tips to improve your chances of approval and […]
Read MoreThe real estate market has become highly volatile in the recent past, in part because of the ever-shifting consumer trends. This has led even the strongest of investment portfolios to experience a few periods of loss every now and then. Nonetheless, you can considerably mitigate those losses by diversifying your portfolio allocation. In doing so, […]
Read MoreGreat question! QM stands for a qualified mortgage. Qualified mortgages tend to be traditional government-backed loans and conventional loans (basically non-government backed traditional loans). QM Loans are usually processed through a bank on an owner-occupied property whereas NON-QM Loans are a more desirable solution for real estate investors on an investment property. NON-QM stands for […]
Read MorePart One: Outlining some options to keep in mind When applying for a loan in the hopes of securing a real estate investment property, there are always lender guidelines to keep in mind. These guidelines are crucial as they allow lenders to set a baseline of expectations for borrowers to meet when starting the application […]
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