Understanding LTV: Loan To Value Ratio In Commercial Real Estate Loans
When it comes to commercial mortgages, understanding the ins and outs can feel like alphabet soup. DSCR. LTV. APR. Looking past the acronyms and business terminology, purchasing commercial real estate properties can feel like a daunting and major process. But we can make the process simple, ensuring you get the best interest rate, expand your […]
Your Trusted Philadelphia Mortgage Company
Purchasing a home is often one of the biggest financial decisions you can make in your life. And working with the right mortgage brokers in Philadelphia is crucial to ensuring your home purchase is successful. If you’re looking for a reputable and respected team of mortgage brokers to ensure your home purchase is a success, […]
What Do You Need to Know About Adjustable Rate Mortgage Low-interest Rates?
While fixed-rate mortgages are very common in discussion, you may not know the benefits of adjustable rate mortgages (ARMs), which are also offered by mortgage brokers in Philadelphia. The information below will provide you with the details you need on what could help you with your next home purchase or renovation. Adjustable rate mortgages in […]
The Difference Between Loan Officers Vs. Brokers – Get the Best Mortgage West Chester Can Offer
If you need a mortgage, you might wonder who to turn to during the home-buying process. A loan officer and mortgage broker are the two options. Though similar, these roles are different. Both ask questions about your overall financial situation and help you fill out your mortgage application for processing. However, that’s where the similarities […]
A Quick Guide for First-time Home Buyers
Purchasing a house is a big decision, so it’s normal to have questions. You may wonder how to get help for your closing costs or the best down payment programs available. Today, you’ll learn a little more about the grants, programs, and home loan options available. Types of Programs Available for Home Buyers Buyer costs […]
Do You Need Down Payment Assistance? Here’s What You Need to Know
Are you a first-time homebuyer? The main reason people put off buying a home is because of saving money for a down payment and closing costs. This can be a significant obstacle whether you are a first-time homebuyer or a seasoned homeowner, but don’t worry! There is a ton of assistance available. All you need […]
How To Get 80% LTV Commercial Loans? The Best Way to Finance a Commercial Property
One of the biggest expenses any business entity has to face is the purchasing of commercial property. However, when there is a need to expand the business or upgrade existing facilities, a company often has no choice but to find a way of financing the project. Often, businesses will turn to local banks, credit unions, […]
All You Need To Know About Multi-unit Financing | Advice for Real Estate Investors in 2023
Having a few investment properties under your belt is one of the best ways to secure your financial future. That is why most investors dream of owning a multifamily real estate portfolio. However, financing a property is not cheap! If you are going to invest in a multifamily property, you will need financing for multi-unit […]
What Are DSCR Loans and How to Qualify for Them
DSCR loans, also known as debt service coverage (DSCR) ratio loans, are a type of mortgage specifically designed for real estate investors. These loans are based on the borrower’s ability to generate enough gross rental income to cover the DSCR mortgage and other debt obligations. The purpose of DSCR loans is to provide a financing […]
What Are Non-QM Loans and How Do They Work?
Non-qualified mortgage (Non-QM) loans offer more flexibility for certain types of borrowers, such as self-employed individuals or those with bad credit scores, but they also come with certain risks and downsides. By understanding non-qualified mortgages, borrowers can decide whether this type of loan is right for them. In this article, we will explore what non-QM […]
