NAR Settlement

NAR Settlement

NAR Settlement Written by Rob Breiner  Key Points The NAR settlement proposal released in March 2023 is making waves in the real estate industry. The settlement comes out of the claim that real estate agents colluded to keep prices high in order to earn high...
5% Down Multifamily Conventional Loan Hack

5% Down Multifamily Conventional Loan Hack

5% Down Multifamily Conventional Loan Hack Written by  Key Points In November 2023, Fannie Mae updated its down payment requirements when buying an owner-occupied 2-4 unit property. The minimum down payment is now only 5% when purchasing a duplex, triplex, or...
USDA Loans

USDA Loans

USDA Loans Written by  The U.S. Department of Agriculture (USDA) offers a unique mortgage program designed to promote homeownership in rural and suburban communities. USDA loans are backed by the government and are available to eligible individuals and families...
Family Opportunity Mortgage

Family Opportunity Mortgage

Family Opportunity Mortgage Written by  Purchase a home for a qualifying family member with as little as 3% down using the Family Opportunity Mortgage. This mostly unknown loan program is designed to help elderly parents and disabled adult children, who can’t...
No Income Home Loans

No Income Home Loans

No Income Home Loans Written by  Today we discussed 2 different home loan options that don’t require any personal proof of income or employment. The DSCR home loan for investors, and the Community Mortgage for occupant owners (primary or vacation home). DSCR =...