As new homebuyers are entering the current, higher-cost real estate market, they are opting to come in with less than the typical down payment of 20%. What many potential buyers…

Introduction Most real estate investors are familiar with a 1031 exchange, a strategy used to defer capital gains taxes, where a property owner can take an existing property that they…

Condominiums and townhomes are a great option when it comes to homeownership. They can be great as starter homes, for those looking to downsize, or even those looking to be…

When applying for a new mortgage loan, there is an abundance of documentation, disclosures, and regulations involved. Whether you are looking to purchase a new home or refinance an existing…

Are you purchasing a new residence while looking to hang onto your current residence?  While this is a common goal/strategy for many homeowners it can be challenging to pull off…

When applying for a mortgage loan, one of the determining factors used to qualify for a mortgage loan is your credit score (also known as a FICO Score). Your FICO…

When a buyer submits an offer for the purchase of a home using a Residential Purchase Agreement (or RPA), there is an entire section dedicated to the contingencies (this can…

An appraisal report is an integral part of the mortgage loan process. Occasionally a lender will issue a PIW (property inspection waiver) allowing a borrower to skip this requirement however…

When applying for a mortgage loan, one of the key initial disclosures you will receive is a Loan Estimate. This Loan Estimate breaks down the terms of your new mortgage…

When applying for a mortgage, your mortgage loan originator will request income documentation, such as your federal tax returns. These documents are needed because they are required for most traditional…