Acquisition & Development loans of up to $500 million are available for commercial construction projects. Read the rest of this entry »
- Author: sweth
- Published: Dec 9th, 2009
- Category: Resources & Education
- Comments: None
Construction / Acquisition & Development Loans
- Author: sweth
- Published: Dec 7th, 2009
- Category: Resources & Education
- Comments: None
Bridge Loans Help Borrowers With Short Term Funding Needs
Real estate transactions sometimes don’t go as planned; when temporary setbacks occur, bridge loans can help borrowers with short-term loans that give them time to resolve any issues that may have cropped up. Read the rest of this entry »
- Author: sweth
- Published: Dec 5th, 2009
- Category: News & Events
- Comments: None
Mortgage Scenario Snapshot 12/5/09
Here’s a quick overview of current mortgage rates/payments for some typical scenarios that we have run for consumers recently. Read the rest of this entry »
- Author: sweth
- Published: Dec 4th, 2009
- Category: Resources & Education
- Comments: None
Condos With High Investor Ratios
Most lenders cannot get underwriting approval for mortgages on condos in developments with a high proportion of investors vs. owner-occupants; many options do exist for condos with investor ratios of up to 49%, however, and for borrowers who are putting at least 20% down, investor ratios can sometimes be even higher. Read the rest of this entry »
- Author: sweth
- Published: Dec 2nd, 2009
- Category: News & Events
- Comments: 3
FHA announces plans to make FHA loans much less appealing
In testimony before Congress today, HUD Secretary Shaun Donovan announced plans to reduce the risk that FHA is exposed to in its loan insurance operations; these plans, however, will make FHA loans much less appealing to many borrowers, and may slow down the nascent recovery in the housing market. Read the rest of this entry »
- Author: sweth
- Published: Dec 2nd, 2009
- Category: Resources & Education
- Comments: None
Mortgages for Non-Permanent Resident Aliens
Most mortgage programs in the US are limited to US citizens or permanent resident aliens (aka “Green Card” holders); options still exist for many non-permanent resident aliens, however. Read the rest of this entry »
- Author: sweth
- Published: Nov 24th, 2009
- Category: Resources & Education
- Comments: 1
Legal Restrictions On How Fast Mortgage Loans Can Close
Two laws that went into effect in 2009 have severely affected how quickly mortgage loans can go to closing; loans can currently generally close no faster than 9 calendar days after processing on them starts. Read the rest of this entry »
- Author: sweth
- Published: Oct 26th, 2009
- Category: News & Events
- Comments: None
Mortgage Scenario Snapshot 10/26/09
Here’s a quick overview of current mortgage rates/payments for some typical scenarios that we have run for consumers recently. Read the rest of this entry »
- Author: sweth
- Published: Oct 22nd, 2009
- Category: News & Events
- Comments: None
Mortgage Scenario Snapshot 10/22/09
Here’s a quick overview of current mortgage rates/payments for some typical scenarios that we have run for consumers recently. Read the rest of this entry »
- Author: sweth
- Published: Sep 16th, 2009
- Category: News & Events
- Comments: None
FHA 2010 Limits Are NOT Changing
Although the loan limits on high-balance conforming mortgage loans may be decreasing significantly in coming months, FHA mortgages should not be affected by those changes. Read the rest of this entry »


