We found a great Vacant Land lender! Why is it so hard to get a land loan? Answer: Land loans are simply hard to get because of three reasons. These reasons are: 1) Land loan lenders are limited in number compared to home loan lenders. 2) Few land loan lenders
Will Home Prices Fall as Mortgage Rates Rise? Mortgage interest rates have increased by more than half of a point since the beginning of the year. They are projected to increase by an additional half of a point by year’s end. Because of this increase in rates, some are guessing
5 Ways Tax Reform Has Impacted the current Housing Market Starting late last year, some predicted that the new tax changes would cripple the housing market. Headlines warned of the potential for double-digit price depreciation and suggested that buyer demand could drop like a rock. There was even sentiment that
Renting VS Owning as a Doctor Starting late last year, some predicted that the new tax changes would cripple the housing market. Headlines warned of the potential for double-digit price depreciation and suggested that buyer demand could drop like a rock. There was even sentiment that homeownership could lose its
Doctorloanprograms.com mentioned in the Philly News! Doctorloanprograms.com is proud to have been mentioned in the real estate edition of the Philly News!Read article here A mortgage to help doctors settle into new homes http://www.philly.com/philly/business/real_estate/20160331_A_mortgage_to_help_doctors_settle_into_ new_homes.html
How Banks Set Interest Rates on Your Loans On the face of it, figuring out how a bank makes money is a pretty straightforward affair. A bank earns a spread on the funds it lends out from those it takes in as a deposit. The net interest margin (NIM), which
Completing Your Final Walk-Through You put a lot of effort into finding the right house, and now that your closing is just days away, you’re finally ready to start calling your new place home. Before this can happen, however, you should do a final walk-through of the property. What is
4 Tips for Improving Your Credit If you’re in the market for a new home, it’s important to know your credit score. A good credit score can lead to a better interest rate on your mortgage, while a lower one might present extra challenges. Need to improve your score? Here
How to Be More Financially Organized If you’ve resolved to improve your finances in the coming months, its best to have a solid plan to set yourself up for success.Here are three ways to help you better manage your money in 2018. Start a budget. A budget is just a
With rates slowly on the rise, does buying still make sense vs renting? With mortgage rates slowly increasing is buying more affordable than renting?It’s no surprise that when headlines scream that rates are on the rise while others declare that rates are historically low, borrowers have questions and concerns. Historic
