House Hacking to Afford Homeownership

House Hacking to Afford Homeownership

More than half of buyers under the age of 40 are interested in the option of “house hacking” as a way to afford a home.  House hacking is purchasing a property that also provides rental income to help offset the costs of purchasing and maintaining a home. The basic...
Flex Mortgage vs. Reverse Mortgage

Flex Mortgage vs. Reverse Mortgage

Modern reverse mortgages are a type of loan that allows most homeowners who are at least 55 years old to borrow against their home equity. Unlike a regular forward mortgage, monthly loan payments are completely optional.  Simply put, you have the flexibility to treat...
54 New Home Buyer Assistance Programs

54 New Home Buyer Assistance Programs

Home buyer assistance programs are special mortgage programs available in the market to offset home affordability challenges. 54 new programs were added in the third quarter of 2023, according to Down Payment Resource (DPR), a home buyer assistance program data and...
Expanded Financing for Homes with ADUs

Expanded Financing for Homes with ADUs

Monday, October 16, 2023 Have you ever considered adding an additional living unit on your property, or purchasing a home with an existing additional unit?  These types of properties are popular for generating revenue from both short-term and long-term rental....