Are No-Doc Loans Still Available in 2022?

by mylenderjackie | Jul 13, 2022 | Loan Documents

Are No-Doc Loans Still Available in 2022? – If you have a less than traditional employment situation, maybe you are self-employed, maybe you do gig work, or something similar, you may still be able to get a no-document mortgage to help you purchase a home this...

10 Types of Borrowers Categorized as Self-Employed

by mylenderjackie | Jul 5, 2022 | Stated Income Loans

For some mortgage borrowers, providing a monthly income calculation is not as black and white as it is for others. Those who perform freelance work, own a business, or independently contract out their work are considered as part of the “self-employed” set of borrowers...

HERO Loans: They Might Seem More Promising Than They Are

by mylenderjackie | Jun 29, 2022 | Loan Programs

HERO Loans They Might Seem More Promising Than They Are What is a HERO loan? In the simplest of terms, a HERO loan is a government-backed mortgage product offered to those homeowners that would like help covering the cost of energy-efficient improvements made to their...

Are You Having Trouble Getting Out of a Ygrene or HERO Program?

by mylenderjackie | Jun 21, 2022 | Loan Programs

Are You Having Trouble Getting Out of a Ygrene or HERO Program? In theory, the overall objective of the HERO or Ygrene loan programs under the PACE program seems like a helpful and beneficial way to incorporate environmentally friendly green products into your home....

Second Home Financing Looks Different in 2022

by mylenderjackie | Jun 7, 2022 | Purchasing a Home

Second homes can be a great way to invest and grow your wealth. On top of that, you have an amazing place to vacation whenever you want in one of your favorite places. Second-home ownership can help you to avoid being a victim of full hotels or unavailable rentals....

House Flip Financing- 4 Alternative Loans to Look For

by mylenderjackie | May 24, 2022 | Loan Programs

House Flip Financing – What Options Are There? Quick climbs in home values have led to an interest in many homebuyers and investors looking at the possibility of house flipping. This is because the profit from purchasing a home, fixing it up in a short time...

California has a New Forgivable Equity Builder Loan Program

by mylenderjackie | May 17, 2022 | Loan Programs

The state of California has launched a new equity builder loan program in hopes to help first-time buyers become homeowners in a highly competitive market. This program is called a forgivable equity builder loan and it allows qualified first-time buyers to borrow up...

Different Types of Rental Property Loans

by mylenderjackie | May 3, 2022 | Loan Programs

Different Types of Rental Property Loans – Financing a rental property through a mortgage loan can be a good way to increase your income through real estate investment. You want to make sure that you are knowledgeable of the mortgage loans available for rental...

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...