“Getting a mortgage for an investment property can be a headache. Your best bet is to be prepared before you even start down that path. Make sure you have enough cash reserves to make your lender happy, as well an impressive credit score.” How Can You Prepare? Know the lending limits — For example, Fannie Mae currently …
Are you, or do you know anyone who is struggling with credit or who needs to bring their credit score up? Here is an easy 7 step guideline to MAKE IT HAPPEN! Ways to Build Your Credit and Raise Your FICO Scores: 1. You MUST use the credit cards, responsibly.2. Always make your payments 5-10 days ahead of the due …
Before you advise your buyers to call a big bank or online retail lender for their home loan, consider that working with an independent mortgage broker—experts who specialize in home loans and are rooted in your community—can ensure your buyers reach the closing table quickly with the best rates available and personalized service throughout the …
