The current version of the government insured Reverse Mortgage is much more restrictive than in the past with regards to how much equity is available to homeowners. The latest changes that were enacted last October were directed at saving the government
May 08, 2018 | Reverse Mortgage Retirement Planning HECM Reverse Mortgage Non-recourse loan
It is true that the Self Employed borrower normally hits a wall when it comes to qualifying for a mortgage when asked for their Federal tax returns. The process by which your accountant works their magic is the often the exact opposite of what the lenders
Apr 19, 2018 | Traditional Mortgage Mortgage Loan Process Age in Place Specialized Forward Mortgages self-employed borrower bank statement loan cashflow Business Cash-flow
A Qualified Mortgage (QM) represents a definitive set of qualifying criteria as defined by the government under Federal Dodd Frank regulations. You can think of this as a prism, more or less, with the perfect loans by definition falling inside the p
Apr 05, 2018 | Short Sales foreclosure Mortgage Loan Process Specialized Forward Mortgages Non QM QM
Hard Money loans are commercial real estate loans that are short term in nature for business and investment purposes. One of the key advantages of these type of loans is quick access to non-qualifying financing. This type of loan is ideal for
Feb 21, 2018 | Construction Loan Hard Money Loan Commercial Real Estate Investor Loans Real Estate Investment Loans
Maybe this is just what the doctor ordered. Remnants from the crisis, such as a Short Sale, Foreclosure, or even possibly a bankruptcy, could still be holding you back. Quality Mortgages (QM) defined is that square box of perfection that you m
Feb 20, 2018 | Short Sales foreclosure Specialized Forward Mortgages Non QM bankruptcy QM
Due to recent changes to the HECM Reverse program, we have redirected some of our focus into the areas of private Jumbo Reverse Mortgages for the higher priced homes and Specialized Forward Mortgages primarily focused on self-employed borrowers and invest
Feb 05, 2018 | investor financing No Doc Investor Loans Specialized Forward Mortgages Jefferson Mortgage Group