What You Need to Know About Stated Income Loans
Stated income loans were very popular before the meltdown. Of course, as all things come and go, they are making their way back into the marketplace. Many blamed the financial crisis on lending institutions and their lack of concern and desire to document a...
Getting Cash Out of Your Rental Property
Finally, there are once again very competitive loan programs allowing cash out on rental properties. Our standard 30 yr. fixed program now permits a cash-out loan on up to 80% of the property's value. As you probably know, most cash out loan programs on rental or...
Current Conforming Loan Limits
We are often asked by our customers if Fannie Mae and Freddie Mac loans are available for rental properties. These two Agencies do allow rental properties to be financed under their basic 30 and 15 year fixed rate programs. In fact, these are some of the best loan...
Good Schools Drive Property Values
Source: The California Association of Realtors
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