Convert Your Primary Residence Into A Rental
April 27, 2022
The average U.S. homeowner sells their home and moves every five to seven years. For a variety of reasons, homeowners decide to make a change – homes become too small, […]
Read More...
Home Buying · Understanding Mortgages
Low Appraisals in a Hot Market | 2022
April 26, 2022
Due to increased demand and low real estate inventory, most parts of the U.S. are currently in a seller’s market. This is great news if you’re trying to sell a […]
Read More...
Home Buying · Understanding Mortgages
How to Write a Letter of Explanation | Template & Examples
April 19, 2022
When you’re asked to write a letter of explanation by a mortgage underwriter, look at this as a valuable opportunity to clearly communicate your situation. Standard mortgage forms often don’t […]
Read More...
Best ways to get pre-approved quickly and efficiently for a mortgage
April 7, 2022
If you are serious about buying a house in the next few months, there is one thing you should do right away: get a mortgage pre-approval. It could be your […]
Read More...
Conventional Loans · FHA Loans · Private Mortgage Insurance · Refinance
How To Get Rid Of PMI MIP On An FHA Loan | 2022
March 30, 2022
An FHA loan sounded like a good idea at the time. But now that you’re paying high mortgage insurance premiums, month after month and year after year, you might not […]
Read More...
Cash-Out Refinance Options for Your Paid-Off Home
March 8, 2022
It’s exciting to finally have no more mortgage payments. But now that you have all that equity in your home, is it possible to get another mortgage to use for […]
Read More...
Conventional Loans · FHA Loans · Home Buying · Private Mortgage Insurance
What’s Better: FHA or Conventional?
March 8, 2022
It’s not always an easy choice. FHA and conventional loans are both widely available, and both can offer competitive mortgage rates. FHA has typically been the mortgage loan of choice […]
Read More...
Home Buying · Investment Properties
How To Rent Out Your House and Buy Another
March 1, 2022
Renting out your home could be the right choice if you want to buy another home. The choice to rent out your original home could create additional cash flow that […]
Read More...
How to Buy a House with Multiple Owners
March 1, 2022
When you think of more than one name on a mortgage application, you probably assume it’s a married couple. However, there are lots of other people who enter into buying […]
Read More...
Can I Change My Job Prior To Buying A Home? | 2022
February 23, 2022
The short answer is changing jobs can affect your loan approval. From your mortgage lender’s perspective, your employment history and income are paramount to your ability to make your payments. […]
Read More...As Seen On
Tim Lucas
Mortgage expert Tim Lucas has been helping home owners for over 12 years.
