Can I Put 10% Down on a Home Without Paying PMI?
I want to put 10% down on a new home but don’t want to pay PMI. Is there a way to do that? Yes indeed there is! There are 2 ways and half way. The first way is to get 2 loans = 1 loan that is 8% of the price of the home and the other 10%; because the first mortgage is...
No Tax Returns Loan Program—Outside the Box, and Outside Dodd Frank!
Do you know that you can get a home loan based on just the balance in your bank account? TRUE! Makes so much sense! We have a program where you get a mortgage equal to the amount in your savings, and there is no requirement to put the money in any particular bank or...Why Did Rates Go Up?
Like me, I’m sure you are glad the elections are over. The night of the elections, the stock market futures lost 800 points, but on November 9th, rebounded. A strong rebound! In fact, investors ran to the stock market, giving it the biggest its biggest increase in one...
Slow, But an Active Week
This week was a bit slow, but the Fed was active. They announced that they would not raise the Fed funds rate (sometimes called the prime rate), but that there was enough indication that they should be able to soon… The market was slightly relieved, but did not move....