Tag Archives: loan

New study reveals the rise of home loan hostages

Three quarters of Australian borrowers are now at risk of becoming home loan hostages due to their lifestyle and financial decisions, new research from mozo.com.au has found. ā€œHome loan customers might be unaware that when they go to refinance their home loan with a new lender, they are assessed as though they are a new […]

Gift Money For Mortgage Loan on Home Purchase

Gift Money – Money that is given to a borrower that is used for down payment and or closing costs. Many first time home buyers use gift money to buy a house. Here is what you need to know about the process: WHO – Any immediate family member, sorry, no friends or cousins WHERE – […]

Creative Financing: How Boris Bast Secured a Commercial Loan for a Self-Employed Contractor with No Traditional Income Verification

Creative Financing: How Boris Bast Secured a Commercial Loan for a Self-Employed Contractor with No Traditional Income Verification – MortgageDepot Chat with us, powered by LiveChat source

The Truth About Bank Of America's No Down Payment Mortgage Loan Program In Charlotte, NC! Updates!

#charlotterealestatemarket2022 #bankofamerica #downpaymentassistanceprograms Hello! In today’s video I am discussing the new program that Bank Of America is offering to first time homebuyers called Community Affordable Loan Solution. I visited the bank about two months after this program came out and got some updated .rmation. I hope you enjoy it! Below is the link to […]

Expert Commercial Lender Boris Bast Overcomes Challenges to Close Loan for Self-Employed Contractor with Low Credit Score and Limited Documentation

Expert Commercial Lender Boris Bast Overcomes Challenges to Close Loan for Self-Employed Contractor with Low Credit Score and Limited Documentation – MortgageDepot Chat with us, powered by LiveChat source

FBAA calls for review of 3% loan serviceability buffer

The FBAA is calling on APRA to review its decision to maintain a 3% loan serviceability buffer for mortgages, stating itā€™s creating more ā€œmortgage prisonersā€ as interest rates continue to rise. The 3% buffer is added to a lender’s interest rate for loan assessment purposes, and the FBAA argues that it is locking more borrowers […]

Boris Bast: The Commercial Loan Specialist Who Goes Above and Beyond for His Clients

Boris Bast, a Commercial Loan Specialist at MortgageDepotā€™s Orlando, FL branch, recently closed a loan for a repeat, self-employed borrower who was also a first-time commercial investor. The borrower had purchased a mixed-use property in Pennsylvania that included a church in the basement, which can be a deterrent for many lenders. However, Boris was undaunted […]

Zero Down Home Loan – Buy a Home With No Money Down In 2023 – Arizona Real Estate

Have you heard of the zero down home loan ? Would you like to buy a home with no money down in 2023 ? The Phoenix Real Estate market has some incredible opportunities right now. Mortgage rates are up, buyer demand is down, so now would be the time to get a home with little […]

NEW Black Only Mortgage Loan Similar to Bank Of America No Down Payment Mortgage Loan

NEW Black Only Mortgage Loan Similar to Bank Of America No Down Payment Mortgage Loan ________________________________________________________________________ Are you looking To Buy Or Sell In DC, MD Or Virginia? Fill out this form or . me: TheRealEstateTrapper.. Check out the links below to Super Charge Your Life Youtube Course ( How I Make $25,000 + a […]