First Time Buyers Can Add Money to Rehab in One Mortgage

                                                                                       First Time Buyer? Do you know a mortgage exists that includes rehab                                                                                                                                        funds ?  In one Loan ! If you have read my Blog before you know it’s my passion to spread the word about renovation mortgages !   It’s the best kept secret in home buying. Buy the home with a small down payment and add … Read More

Buying a Short Sale Home using an FHA 203K Streamline or Homestyle Renovation Loan

                         Buying a Short Sale Home using an FHA 203K Streamline or Homestyle Renovation Loan In today’s market there are many homes for sale that are listed as a “short sale”. Often these homes are vacant with the former owners having already moved on. They are called “short sales” because the current mortgage holder has agreed the home can be … Read More

How to pay Private Mortgage Insurance PMI entirely off when buying a home

How to pay Private Mortgage Insurance PMI entirely at closing when buying a new home The answer is Yes  you can pay off all PMI once  at closing day with a Conventional loan purchase with as little as 5% down payment of the purchase price. First let me explain a bit about  what PMI or Private Mortgage Insurance is and … Read More

How to Pay a Short Sale Negotiator Fee at Closing

Paying the short sale negotiator at closing on a short sale can be done via a Seller credit. The Seller provides a credit to the Buyer on the contract. There is an addendeum to the contract transferring the Sellers credit from the Buyer to the short sale negotiator and is shown on the HUD. This mechanism has been allowed relative … Read More