by Athena Paquette | Sep 18, 2015 | Blog, Home Owners, Investors, Realtors
Ms. Client came in as a referral to get her former husband off the title of her home. They had attempted to do it and failed in 1999 and now her kids were concerned that the property could be at risk. I went through all the documents and not only was it in both their...
by Athena Paquette | Sep 18, 2015 | Blog, Home Owners, Investors, Realtors
This could be true or false. Under certain loan programs, we DO NOT have to look at a spouse’s credit. But what if you need their income to qualify? Then we may need to count their credit, in which case the loan rate would be based on their credit score. So, if you...
by Athena Paquette | Sep 11, 2015 | Blog, Home Owners, Investors, Realtors
FALSE. You can have a BLANK credit report, even as low as 560 credit score. FHA has no actual printed guidelines on credit scores. You may know someone who never established traditional credit because of their cultural or spiritual beliefs, or they just plain didn’t....
by Athena Paquette | Sep 5, 2015 | Blog, Home Owners, Investors, Realtors
JOBS JOBS YAWN… The Labor Dept. announced the monthly jobs report today with a big yawn from the investor community. They reported 173,000 jobs were created, but expectations had been that the number would be 218,000. Historically, this number gets revised, so the...
by Athena Paquette | Sep 5, 2015 | Blog, Home Owners, Investors, Realtors
She tried to do the right thing and got turned down. I had a client come in to refinance after her friend had been telling her to do this for 2 years. She had been turned down by 2 big banks for the same reason… Ms. Conscientious Client (name changed to protect the...
by Athena Paquette | Sep 5, 2015 | Blog, Home Owners, Investors, Realtors
` VA – I love my veterans and was surprised that this notion is out there. One of my veteran clients came in to refinance this week. He told me that one of his nephews thought that he had apply for a VA loan before he LEFT the service or else he would miss out. ...
