FHA’s New ADU Underwriting Guidelines
A Bright Future for Renters-turned-Investors through FHA’s new announcement for ADU income. Attention, Millennial and Gen-Z renters! If you’ve been eagerly waiting for a window of opportunity to delve into real estate investment, now might just be your time! With the new FHA underwriting guidelines for ADU financing, you could find yourself taking advantage of […]
The Magic of House Hacking: A Duplex & FHA Mortgage Combo
Ever fancied the idea of someone else making half your mortgage payments? No, we’re not delusional. And yes, it’s a genuine possibility. Let’s dive into a clever, yet completely achievable, strategy to get the most out of your first home-buying experience in 2023. The Charm of a Duplex For the uninitiated, a duplex is essentially […]
Mortgage Rates – Where Do They Go Now?
After the Federal Reserve statement on Wednesday you may be wondering where will mortgage rates go from here? If you are not sure what I am talking about, check out the article on NPR about the Federal Reserve statement. So what does this mean for mortgage rates? Where they go from here, may take looking […]
Renovation Loans
Renovation, Remodel, Rehab all these words mean the same thing and are used to create the house you have into the house you want with a renovation loan. Recently we have had an increase of calls looking into renovation loan options and if can be done as a refinance. This comes as no surprise since […]