Michael Bock and Theresa NeSmith
When it comes to securing a mortgage, the terms and roles can often be confusing. One such term you might come across is “co-borrower.” Understanding what a co-borrower is and how they differ from other roles in a mortgage can help you make informed decisions when navigating your home loan process.
In today’s economic climate, inflation has become a hot topic, especially for potential homebuyers. Understanding how inflation affects mortgage rates and your homebuying power is crucial. Let’s see how it can impact your journey to homeownership.
Understanding your options when shopping for a mortgage is crucial to making the best financial decisions. One option that is not well known is the Flex Payment Mortgage. But what exactly is it, and how can it benefit you?
Filing for Chapter 13 bankruptcy can be a challenging experience, but it doesn’t mean the end of your dreams of homeownership. While the path to securing a mortgage after Chapter 13 might seem daunting, with careful planning and dedication, it’s entirely possible. Here’s how you can prepare yourself for a successful loan application and rebuild your dream home.
With so little in the way of data releases following the previous week’s FOMC Rate Decision, we’re left with a small release schedule with Consumer Credit and U.S. Trade Deficit rounding up the reports. While relatively light indicators of the current health of the economy, they are still useful for determining more impactful trends in the future. Next week, the inflation data reports with the CPI and PPI are the ones to look out for. This time, these are the ones that will largely determine whether we see rate cuts this year, and lending partners have already been lowering rates in anticipation.
Purchasing a home is a significant milestone, and traditional mortgages aren’t the only route to achieving this dream. For many homebuyers, especially those who may face challenges with conventional financing, exploring alternative financing options can be a game-changer. We will discuss three creative financing options: rent-to-own, lease-purchase agreements, and shared equity arrangements.
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Florida · Clearwater, FL · Pinellas County, FL · Brandon, FL · Pasco, FL · Saint Petersburg, FL · Wesley Chapel, FL · Riverview, FL · Tampa, FL
