Housing Wire

MAY 25, 2023

With all of this in mind, why would baby boomers move into a new home, where their expenses would be exponentially higher due to higher mortgage rates , increased inflation and current economic concerns? Longbridge Financial, LLC, (NMLS #957935) believes that the answer to this dilemma is the HECM/Reverse for Purchase financing option.

Loan Officers 390

Loan Officers Real Estate Agent Real Estate Finance 390

PennyMac

DECEMBER 29, 2020

When you refinance your home, the process is similar to the one you followed when obtaining your original mortgage. Your finances will be verified and calculated, and your home will be appraised to determine its value to your potential lender. How Your Property Tax is Calculated. The short answer is, “No.”

Real Estate 36

Real Estate Property Taxes Appraisal Loan Officers 36

PennyMac

JANUARY 16, 2022

The rise of home renovation television shows has made many homeowners eager to transform rough diamonds into neighborhood jewels. Couple this with the improved job market and an upswing in home values, and you have a tidal wave of homeowners willing to invest in fixer-upper dwellings. Plus, it can be a great investment.

Investing 36

Investing Property Taxes Real Estate Renovations 36

PennyMac

SEPTEMBER 2, 2020

Surprisingly, the previous generation has even greater concerns, with 60% of baby boomers worried they will never be able to afford a down payment on a home. By offering mortgages with low or no down payments (as long as the sales price does not exceed the appraised home value), VA loans make home ownership possible for many.

Insurance 36

Insurance Finance Government Mortgage 36