Speaking of Real Estate

  • 43% Debt-to-Income? FHA Imposing Hurdles
    If you’ve been following the news you might have heard that FHA is putting up hurdles for higher-risk borrowers to get their home loan application approved. The Federal Housing Administration on March 14 said applicants with a credit score of 620 or lower or debt-to-income ratio of 43 percent would get their loan application reviewed […]
  • Self-employed? You Have a New Friend When Applying for a Home Loan
    The two largest sources of mortgage money in the United States want you to know your chances of getting approved for a home loan if you’re self-employed has just gotten a lot better. Fannie Mae and Freddie Mac have rolled out new automated underwriting technology for lenders that take a lot of the guesswork and […]
  • Is That Email Really From NAR? How to Know
    Once in a while you might get an email that looks like it’s from NAR but really isn’t. Like so many other phishing scams, these emails try to look like they’re official correspondence from a trusted source so they can get one of two things from you: personal data or credit card info. How do […]
  • Help Clients Invest in Real Estate Tax-Free, and Boost Your Sales
    “Time is money” says the proverb, but in real estate, it’s a struggle to have enough time in your day to close more sales. Chances are, most of your clients have an IRA for their retirement savings, which can be used to invest in real estate. With the help of a Real Estate IRA, you […]
  • Big Military Base or Prison in Your Rural Town? You Just Got a Big Real Estate Win
    Prisons and military bases are commonly located outside small, rural towns and often they’re the biggest employers and economic drivers around. But that’s been a double-edged sword—until now. Prisons and military bases currently count toward an area’s population, putting many communities over the threshold of eligibility for federal Rural Housing Service (RHS) programs. A town […]