When mortgage rates were forced artificially low during the COVID period, I had to have serious conversations with clients on if they should pull extra cash out with a refinance if they’ll have an economic need for that money in the future. This was because they weren’t going to be awarded that low ... » Learn More about Weighing the Options: Is Paying More on Your Mortgage Right for You?
Reverse Mortgage
FHA Makes it Easier to Get Loans on Condos – Including Reverse Mortgages
It’s been bantered around for years, finally the Federal Housing Administration announced long awaited changes to the guidelines to approving condominiums for FHA loans. This will help in several areas. FHA loans allow for low down payments, and easier borrower qualifying guidelines than ... » Learn More about FHA Makes it Easier to Get Loans on Condos – Including Reverse Mortgages