by Athena Paquette | Nov 14, 2015 | Blog, Home Owners, Investors, Realtors
TRUE! There are loan programs that are available for people with blank credit reports. Even minimum down payment loans for people who want to buy. So don’t let a blank credit report stop you!
by Athena Paquette | Nov 12, 2015 | Blog, Home Owners, Investors, Realtors
I was terrified, but my desire to be financially free over took my natural inclinations to avoid risk at all costs. My wife and I are both engineers. We have good paying jobs, and love what we do. We wanted our kids to go to a good school, and so bought a home in...
by Athena Paquette | Nov 6, 2015 | Blog, Home Owners, Investors, Realtors
Yes, it was JOBS JOBS JOBS eclipsing all other data. The October non-farm payrolls were up 271,000 putting the US unemployment rate at 5% down from 5.1%. The hourly earnings were up .4% and initial weekly jobs claims were up 16,000. Productivity in Q3 was up a...
by Athena Paquette | Nov 6, 2015 | Blog, Home Owners, Investors, Realtors
Client who has a lot of property and a lot of depreciation gets turned down for a home equity line by Chase. They came to me as a referral from one of the financial planners that refers me their clients for refis. The financial planner asked if it was normal to not...
by Athena Paquette | Nov 6, 2015 | Blog, Home Owners, Investors, Realtors
You cannot finance land. FALSE! There are financing options for land, though they require more equity (or down payment). I had a client this week who has 20 acres of land with a house and utility buildings on it. This is typically not a Fannie Mae or Freddie Mac loan,...
by Athena Paquette | Oct 30, 2015 | Blog, Home Owners, Investors, Realtors
Though there wasn’t much “good news” this week, which means we should have seen rates decline, we actually saw rates increase a little on the comments made by the Fed after their FOMC meeting. They had less “dour” language hinting that they may raise rates in...
