This guide covers the steps to shopping and buying a house in Hawaii. Buying a house in Hawaii can be quite costly. Home prices in Hawaii are above the national average. Besides high home prices, everything in Hawaii costs more than the mainland U.S. Many homebuyers buying a house in Hawaii will discover that home…
In this guide, Ronda Buts, a dually licensed realtor and loan officer at Gustan Cho Associates and the Editor in Chief of One Solution Real Estate, will cover the importance of home inspections when buying a home. A professional home inspection is essential if you or someone you know is planning to purchase a new…
This guide covers buying house after bankruptcy and qualifying for a mortgage loan. Buying house after bankruptcy is possible after meeting a waiting period requirement after bankruptcy. Waiting period requirements depends on the individual mortgage loan program. The waiting period requirements are between two to four years on government and conventional loans. Non-QM loans do…
This guide will cover the mortgage options for investing in real estate in Puerto Rico. Why do many people consider investing in real estate in Puerto Rico? Many people and businesses are looking into mortgage options investing in real estate in Puerto Rico. Whether it is an owner-occupant primary home, second home, investment property, or…
This guide covers whether can you get a new mortgage while selling your house. Many homebuyers who plan on upgrading or downsizing to a new home often ask if can you get a new mortgage while selling your house. YES, you can get a new mortgage while selling your house. With proper planning and teamwork,…
In this guide, we will cover buying a house near an airport. When searching for a new home, location is everything, including proximity to an airport. Living near an airport may provide easy access to travel and other amenities but poses significant drawbacks. Dale Elenteny of Non-QM Mortgage Lenders lived near an airport for many…
In this article, we will cover and discuss the true cost of home ownership and compare the cost of a homeowner versus a renter. We will cover the frequently asked questions by first-time homebuyers with concerns about becoming a homeowner. We will discuss the finances and credit required to buy a house. We will also…
Non-QM Mortgage Lenders have no lender overlays on the gift of equity mortgage guidelines when buying a home at a discount from a family member. John Strange of Non-QM Mortgage Lenders, a gift of equity home purchase expert, defines gift of equity as follows: A gift of equity is when a homebuyer purchases a home…
Apply Now In this guide, we will cover things to avoid during home loan process to close on time. We have covered many blogs on what to do to get a mortgage loan approval. During home loan approval, borrowers must be pins and needles with their credit and finances. There are several things to avoid…
This article will cover homes for sale by owner. A frequently asked question at Non-QM Mortgage Lenders is whether buying homes for sale by owner is cheaper than buying a listed home with a real estate agent. Buying homes for sale by owner is generally cheaper because home sellers do not have to pay the…
In this guide, we will cover how rent-to-own homes work. We will detail rent-to-own homes and why rent-to-homes are becoming increasingly popular among first-time homebuyers. Are you Tired of your rents increasing with no notice and with ridiculous increases? What Are Rent-To-Own Homes? What if I could tell you that you could enjoy the benefit…
In this blog, we will cover and discuss the down payment requirement on a home purchase. We know saving for a house takes time and discipline. At Non-QM Mortgage Lenders, we help many clients tackle the mortgage buying process. One of the main obstacles preventing Americans from buying a home is the down payment requirement….
Getting a mortgage after a divorce is inevitable. One person will be awarded the house. The person who is awarded the house will want to have the mortgage just under their name. The same goes for the ex-spouse who has relinquished their rights to the home. They will not want to have any liabilities because…
In this blog, we will cover and discuss how to hire the best real estate agent to list and find your new home. We will also do a feature on the Broker/Owner of the Balado Group, Tracie Balado. In this blog, we will cover and discuss how to hire the best real estate agent to…
In this article, we will cover and discuss the down payment and closing costs required for a home purchase. Many first-time home buyers are very concerned about how much money they would need to save in order to be qualified to be able to purchase their new home. Believe it or not, many people who dream…