by Athena Paquette | Jun 18, 2013 | Blog, Home Buyers, Investors
When trying to get the lowest down payment and the best loan rate, you’ll hear a lot about Fannie Mae, Freddie Mac, and FHA loans. However, people are often confused about these loan types. Myth #1: FHA loans are only for low income people: Not true! A FHA or...
by Athena Paquette | Jun 18, 2013 | Blog, Investors
A question I am often asked is, “How can I qualify for a loan when my only source of income is retirement income?” It is a common misconception that retirees can’t qualify for a loan because they don’t have a job. Here are 3 facts about qualifying in retirement: 1. If...
by Athena Paquette | Jun 18, 2013 | Blog, Investors
I am asked this question quite a bit. When looking to invest, you need to consider your goals. That is, do you want appreciation (the asset to go up), cash flow (income from the assets), or both. Real Estate has 4 advantages over stocks and bonds With real estate,...
by Athena Paquette | Jun 18, 2013 | Blog, Home Buyers, Investors
Buying a home or investment property can be overwhelming. To help make the process easier, here is a list of 14 questions to ask your lender: 1. How fast can I get pre-approved a loan? 2. Is the loan guaranteed? 3. What is the guarantee? 4. When is the rate locked-in?...
by Athena Paquette | Jun 18, 2013 | Blog, Home Buyers, Investors
If you or someone you know is concerned about their credit score, then this article will help. I have outlined the Do’s and Don’ts for creating good credit. And following these rules will also help you fix your credit score. If you have any questions,...
by Athena Paquette | Jun 18, 2013 | Blog, Home Buyers, Investors
It’s your money, so can you or should you, borrow from you 401k? Next to owning a home, your 401k may be your greatest asset… and yes, you can borrow from it to make a down payment on a new home. How it Works Most 401k’s (check with your plan administrator) will...
