Mortgage Industry News

Secrets Mortgage Lenders Don’t Want You to Know

Secrets Mortgage Lenders Don’t Want You to Know

Source: Yahoo! News --- There’s a good chance that your home will be the biggest purchase you make in your lifetime, which is why you’ll likely need a mortgage loan when it comes time to buy. And when it does, you surely want to work with a mortgage lender you can...

Private Money Real Estate Loans; An Overview of Good Reasons

Private Money Real Estate Loans; An Overview of Good Reasons

A subset of the real estate lending business exists where the loans are funded by private party investors rather than banks or other institutional lenders. This is referred to as bridge lending, private party lending, or hard money lending. The purpose of these...

70% of homebuyers had at least one regret about experience

70% of homebuyers had at least one regret about experience

Source: Scotsman Guide --- A newly published survey from HomeLight revealed some dismaying, although not necessarily shocking, impacts of the historically competitive housing market on consumer psychology. Among other takeaways, the survey (which polled more than...

Can I Claim the Mortgage Interest Deduction?

Can I Claim the Mortgage Interest Deduction?

Source: House Logic --- Like most homeowners over the past couple of years, you may have discovered that you can no longer write off your property taxes or claim the mortgage interest deduction. That doesn’t necessarily mean your taxes went up. The change is because...

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