What Do Lenders Want to See from a Self-Employed Borrower?

by mylenderjackie | Jan 16, 2023 | Buying, Stated Income Loans

What Do Lenders Want to See from a Self-Employed Borrower? – Are you a self-employed borrower hoping to buy a home in the new year? Qualifying for a mortgage without traditional proof of employment and income may sound scary, but when you work with a lender who...

What to Know about Discount Points

by mylenderjackie | Nov 21, 2022 | Buying

Are you looking for creative solutions to make buying a home today affordable? With rising interest rates, some buyers are concerned about how to afford the home they want. One of the solutions available today is buying discount points. To learn more about what...

5 Important Things to Know Before Applying for Your First Loan

by mylenderjackie | Aug 30, 2022 | Buying

There are a few things to consider when applying for your first loan, including checking over your credit to compare it with your monthly debt payments. If you are applying for your first personal loan it is important to have certain knowledge so you can provide this...

How to Use a Cash Flow Loan Instead of Tax Returns for Investment Property

by mylenderjackie | Apr 26, 2022 | Buying, Loan Programs

An investor cash flow loan is also sometimes recognized as a debt service coverage ratio loan. This type of loan is designed specifically for real estate investors hoping to use other means than tax returns to qualify for a mortgage to purchase an investment property...

Ways To Make Moving While Expecting Easier On Moms-To-Be

by temineth | Apr 21, 2022 | Buying

Easier moving can start with thorough preparation. Not only are expecting moms required to handle the chores of prepping the new place on top of packing the old, but they must always be thinking of what’s OK for the baby. One of the first things to do to help is to...

Mortgages for Second Home and Vacation Homes in 2021

by mylenderjackie | Apr 26, 2021 | Buying

Right now could be a good time to purchase a second home. Not only do second homes save money on the expensive hotel costs of vacations, they can also be used as a potential source of income. Today’s current low mortgage rates could make purchasing that second home,...