If you have been thinking about buying real estate, now is a very good time to check in with your lender to find out if: You qualify for financing, How much you qualify for, What timeline you need to close successfully on a home! Interest rates are as competetive as we have seen them in [...]
With more than 5 million home owners unable to make their monthly mortgage or currently in default, lending giant Fannie Mae has started to get tough on strategic default. At the end of June, Fannie Mae announced that it would no longer look the other way from borrowers who walk on their mortgage. They also announced that [...]
One of the requirements that mortgage lenders will request during the home buying process is a real estate appraisal. For many first time buyers, there may be some misconceptions as to exactly what this is. A real estate appraisal is a detailed report that is created by a licensed appraiser in your state and establishes the market [...]
The current real estate market is one that favors buyers. Record low interest rates, low home prices and a large inventory are all favorable for potential homebuyers looking for a new home. The problem facing thse homebuyers is that is obtaining financing for a new home can be a challenge in this difficult economy. Many mortgage lenders have [...]
Recent trends for financing to encourage renewable energy and conservation are becoming more popular in Wisconsin, as city officials and utilities are pushing residents to be more energy efficient. Milwaukee has developed a new solar loan program that will provide revolving loans that homeowners can repay on their property tax. The city will provide $135,000 for the [...]
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