As if common sense wasn’t needed in the mortgage industry, new federal regulations require mortgage lenders to verify that prospective borrowers can meet the repayment terms of their mortgage loans. Under the Dodd-Frank Act, the rules prohibit the “no-doc” loans common during the housing bubble. Before making a loan, lenders must document the borrower’s job […]
First Time Buyer’s Top 3 Questions Answered [Infographic]
January 29, 2013 by
First-time home buyers entering the housing market are usually faced with several questions such as how much are entry level homes, how much income do I need to earn to qualify for a loan and how much will my mortgage payment be? Below is an Infographic by the CALIFORNIA ASSOCIATION of REALTORS which answers just […]
THE REAL ESTATE BUSINESS HAS LESS TO DO ABOUT SELLING PROPERTIES AND EVERYTHING TO DO ABOUT HELPING PEOPLE.
