After years of studying to begin a career as a medical professional, you’d think getting a mortgage would be a breeze. Unfortunately, many doctors come out of medical school with a significant amount of debt and a more modest income than seasoned physicians.  This large debt-to-income (DTI) ratio can make it harder for doctors looking

If you’re a nomad at heart but want to keep a roof over your head, you’re likely in the market for a mobile home (aka a manufactured home). And the best way to finance your purchase will likely be a chattel mortgage.  Chattel mortgages are loans you get on personal property (aka chattel) that can

If you’re exploring options for buying or refinancing a home, you might be worried about the minimum credit requirements associated with certain loans. Thankfully, when it comes to buying or refinancing a home with less-than-stellar credit, nonconforming loans can be a great solution. Nonconforming loans often get a bad rap, likely because their name implies

Have you ever wished you could invest in real estate without spending all your savings? Well, a participation mortgage might be the perfect solution for you. A participation mortgage allows multiple people or entities to team up and share in real estate investment costs and profits, while also reducing each participant’s risk exposure on a

Though most buyers will use a traditional mortgage to purchase their home, there are other options to explore when it comes to financing a home purchase. If you’re having a difficult time with traditional avenues of home financing – like a home loan from banks or other mortgage lenders or a Federal Housing Administration (FHA)

Sometimes you need money fast. Maybe you want to buy a new home, but you haven’t sold your old home yet. Or maybe you have your eye on an investment property or a home you want to flip.  If you need money for a real estate purchase and don’t have time to wait on mortgage

If you can’t qualify for a conventional loan or just aren’t interested in one, you may be wondering what other home loans are out there. Well, there are lots of options to choose from. And many of those options fit under the umbrella of “nontraditional” mortgages.  So what is a nontraditional mortgage, and is it

A condo can be a great option for someone looking to live in an urban area. Condos combine the amenities of a rental apartment complex with the benefits of homeownership. But condos can be trickier to buy and sell because the community you’re purchasing your unit in has a unique set of rules. If you’re

Getting a mortgage and being a homeowner is a big deal. And depending on where you want to live and the state of the housing market (if it’s a seller’s market or not), it can be an uphill battle to find and purchase a home in your price range.  A loan alternative –  like a

Feeling cooped up in your metro area? You’re not alone.  According to recent Census data, 86% of U.S. residents live in metro areas. That leaves 14% of the population spread out in the rural areas of the country – which spans 72% of the nation’s land area.[1] So, if you’re looking for more space, there

Let’s get into this.  A jumbo loan is exactly what you think it is: a ginormous load of cash. We’re talking over $550,000 to buy a house.  These loans are ideal for buyers who have strong financial profiles and need access to much higher loan amounts than they would get under a conforming loan’s limit