How To Buy An Investment Property With A Low Down Payment

Many individuals are considering purchasing a second home in addition to their primary residence. The increase in remote work makes buying a second home or an investment property possible for many homebuyers. Whether you want another property to spend time working by the mountains, to use as an investment property, or to enjoy as a […]Read More

What To Know About Buying an Investment Property

Interested in investing in real estate? Considering owning a rental property? Investment/Rental properties can provide a reliable source of revenue, but there’s a lot to consider when making these decisions. Plus, the process of purchasing an investment property is not the same as buying a primary residence. What Is an Investment Property? Investment property is […]Read More

Are FHA Loan Appraisals Public?

If you are one of the many homebuyers looking to qualify for an FHA loan to purchase a primary residence, you will need to get an appraisal. An FHA appraisal establishes the value of the property you are purchasing and makes sure that it is safe for its new occupants. What Is An FHA Loan? […]Read More

Save Money With An 80-10-10 Loan

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Hard Money Loans: Are They Worth It?

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First-Time Homebuyer Tax Credit in 2022

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What Is 5% Down Jumbo Loan Financing?

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How Do You Refinance A Jumbo Loan In California?

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What Are Current Mortgage Rates In Texas?

What Are Mortgage Rates Today You can view JVM Lending’s current mortgage rates for Texas loans on our website here. Our team updates these mortgage rate scenarios daily; however, our team is also available seven days a week for any questions or custom interest rate scenarios you may need as you plan your homebuying process. […]Read More

iBuyers Vs. Real Estate Agents – What’s The Difference?

What Are iBuyers? The real estate landscape is always changing. One of those changes is the rise of iBuyers and the rejection of the traditional real estate process (with the use of a Realtor or Real Estate Agent). Both iBuyers and Real Estate Agents share the same goal of assisting in the sale of homes; […]Read More

Why Should You Refinance Your Mortgage?

What Is Refinancing Refinancing is an excellent opportunity for homeowners to change their mortgage rate and terms to lower their interest rate, monthly payment, or cash out some of their property’s accumulated equity.  There are two types of refinances available for homeowners:  Rate/Term Refinance: A rate and term refinance is the refinancing of an existing […]Read More

What Is A Conventional Loan?

What Is A Conventional Loan Conventional loans are a favorite for homebuyers with decent credit scores and who have a fair amount of funds for a down payment. Conventional mortgages should not be confused with “Conforming Mortgages.” Conventional mortgages are institutional mortgages that are not insured by the FHA (Federal Housing Administration) or guaranteed by […]Read More

Programs and Loans For A First Time Homebuyer

As a first time homebuyer, you have many loan programs and grants to choose from that help you afford your first real estate purchase. We’ve compiled a list of some of the best of these programs, grants, and loans that generally assist with the down payment and closing costs for first time homebuyers like yourself. […]Read More

When Is The Right Time To Refinance Your Home

You’ve probably seen quite a few ads or news indicating it is an excellent time to refinance because of the current low rates. Refinancing can be a smart financial move when it reduces monthly payments, lessens the duration of the loan, or grows your home equity faster. However, there is still an important question to […]Read More

How To Get Pre-Approved For A Mortgage

A pre-approval is a way to be a step ahead when it comes to house hunting. It is a requirement for all homebuyers who plan to use a mortgage loan to finance their purchase. What Does Pre-Approved Mean For A Mortgage Not to be confused with a pre-qualification, a pre-approval is an in-depth verification process […]Read More

How To Qualify For A Mortgage As A First-Time Homebuyer

Many first-time homebuyers have questions about how they can qualify for a mortgage. One of the best ways to start the homebuying process as a first-time homebuyer is to gather as much information as possible at the onset of the process.  Check Your Credit Score Credit scores play a pivotal role in determining a  first-time […]Read More

What’s The Minimum Down Payment In The Bay Area?

When applying for a mortgage loan, clients must indicate a proposed down payment. Homebuyers have several options when it comes to the size of their down payment. The minimum amount required varies from one mortgage program to another. Here we’ll examine the minimum down payments required for a conventional mortgage in California. Minimum Down Payment […]Read More

Closing Your Home Loan In Five Easy Steps

Throughout the homebuying process, borrowers often have questions about the closing process for their home loan. There are quite a few steps to this process, and we understand that it can lead to confusion and frustration if buyers are unaware of the process. To help alleviate some of the confusion, we’ve outlined the closing process […]Read More

What Credit Score Do I Need To Buy A Home?

When looking to buy a home, many will ask themselves, “what credit score do I need?” This will depend on the type of mortgage loan you’re applying for as well as the mortgage lender you work with. Even if you do not have perfect credit, or in fact, have a poor credit score, it’s still […]Read More

A Second Home Vs. An Investment Property

Looking to purchase a second home? Or maybe your goal is to buy an investment property. It’s important to know the difference between an investment property and a second home. Especially because obtaining mortgage financing for each of the two is a very different process where the costs can vary dramatically.  Differences Between Second Homes And […]Read More

Should You Rent Or Buy A House?

Should you rent or buy a home? Many people are considering buying a home – and for a good reason! There are many advantages to buying a home: enjoy more space, build equity, and decorate and paint the walls however you like without asking a landlord. But, there are advantages to renting – especially if […]Read More

12 Tips For First-Time Homebuyers

Many first-time homebuyers are excited about the opportunity to invest in themselves and begin building generational wealth through their home’s equity. Here are JVM’s best tips for first-time homebuyers, founded on our team’s expansive knowledge and experience with helping thousands of homebuyers navigate the mortgage process. 1. Prepare For The Financial Responsibility The number one […]Read More

What Credit Score Is Needed To Refinance A House?

What Credit Score Do You Need To Refinance? Many borrowers want to know what credit score they need to refinance. Credit scores play a significant role in determining what mortgage rate you qualify for when refinancing. There is no “one interest rate” that lenders quote each day because of the many factors that affect individual […]Read More

Outlook On FHA Mortgage Rates In 2021

The housing market has shown remarkable strength despite the challenges the COVID-19 crisis brought to the economy in 2020. The housing market has made a comeback primarily because of low mortgage rates spurred on by strong demand from homebuyers. FHA INTEREST RATE FORECAST According to NerdWallet’s rate survey, as of January 13, 2021, the average […]Read More

Understanding Your Credit Score And How To Improve It

There are many components to your individual financial profile that lenders assess when examining a mortgage application. One of the most important is your credit score. A question for many first time homebuyers is, what is a good credit score? And how can you improve it? What Is A Credit Score? Three different credit reporting […]Read More

Six Home Loan Tips For The Self-Employed

Applying For a Home Loan as a Self-Employed Business Owner There was a time when lenders would accept whatever income you put on your application as accurate and true. These were called “stated income” loans; for many obvious reasons, they no longer exist. There were also loan programs where the lender would accept a record […]Read More

How To Avoid PMI With Less Than 20% Down

It is possible to purchase a home with less than 20% down and avoid private mortgage insurance (PMI). Homebuyers have many options when it comes to their loan’s down payment amount. Many borrowers are not aware of the amount of flexibility within the mortgage industry. Big Down Payments Are Not Always Necessary There are many […]Read More

Why A Home Inspection Is Crucial For Homebuyers

Many homebuyers have found the perfect home, signed the paperwork, and may think they’re good to go. However, that is not the case. Even if you’ve done your research and saved your money and made an offer on the perfect house, you need to have a home inspection. Unfortunately, to save a little cash, some […]Read More