Recently, a lot of clients have asked me, “What are my options if I can’t prove my income?” Today I want to answer that question. A new loan program allows people to qualify for a loan even if they are self-employed or have a limited income. All you need is a 640 FICO score and […]
We’ve been receiving a lot of questions from homeowners in forbearance programs who are nervous about their future home-buying prospects. You can usually buy or refinance just a few months after exiting forbearance, but each situation is different. You’ll either have to pay back the balance you owe, set up a payment plan, or put […]
Today’s topic is bank statement loans. I’ll quickly explain how they work and who they’re for. For starters, bank statement loans are loans for self-employed people. Rates for bank statement loans tend to be a little higher than prime for conventional or FHA loans. To find out more, watch this short video. Learn More: https://abeltejeda.blog/can-anyone-get-bank-statement-loans.html […]
With the real estate market the way it is these days, lots of people want to know if they can buy an investment property right now. The answer is yes, and there are two main ways to do it. Today I’m sharing what those ways are and how you qualify. You can either go the […]
Many homebuyers are unaware of the difference between working with a mortgage broker and working with a direct lender (aka a big bank). The main difference is that a direct lender like Chase or Wells Fargo will give you a black or white answer when it comes to qualifying for a loan. With a mortgage […]
