Tag Archive for: homebuying tips

Seller Carried 2nd Mortgages; Do’s and Don’ts

A seasoned appraiser told me that he is seeing a lot more listings lately that offer to carry 2nd mortgages for buyers, apparently as added enticements to move the listings.Read More

How To Use Gift Funds with Fannie Mae Loans

In this blog post, we will demystify the concept of gift funds, explain how they work, and guide you through their utilization with FNMA (Fannie Mae) loans. By the end of this article, you’ll better understand how to navigate using gift funds toward your purchase.Read More

Minimum Number of Tradelines & Why We Have To Pull Credit

Buyers often come to us and say something like this: “I have a 780 credit score; I make $275,000 per year; and I want to put $500,000 down against a […]Read More