Posts filed under: Mortgages & Creative Financing

Mortgages & Creative Financing

Cash-Out Refinance vs. HELOC: What’s the Difference?

In this article If you’ve built equity in your properties, you may be eligible to cash it out and use it for other purposes. Using the equity in your investment properties is a great way to fund home improvements, expand your real... Read More

Assumable Mortgages: Understanding What They Are and How To Use Them

In this article Assuming a mortgage might be a possibility when buying a property, but it’s not always in the buyer’s best interest or allowed. Understanding how an assumed loan works, what the mortgage lender requires, and what financial and legal considerations... Read More

What Is a Jumbo Loan: Everything Investors Need To Know

In this article A jumbo loan is a type of mortgage used to finance real estate that exceeds traditional conforming loan limits. Also called a jumbo mortgage, jumbo loan limits are higher than those set by the Federal Housing Finance Agency... Read More

How to Get Rid of PMI on Your Investment Property

In this article When you’re applying for a mortgage, the principal and interest aren’t the only things you need to consider. There are additional upfront closing costs, and there are also ongoing monthly expenses like property taxes, a homeowners insurance premium,... Read More

Amortization in Real Estate: What It Is & How To Calculate It

In this article If you’ve ever looked into how mortgage loan repayment works, you’ve likely heard the term “amortization.” Amortized loans are the most common types of real estate loans, offering a predictable monthly payment with decreasing interest payments instead of... Read More

Can I Roll Closing Costs Into My Conventional Mortgage?

In this article When you buy an investment property, the down payment isn’t the only thing you need to budget for. You also have to pay closing costs, usually 2% to 5% of the cost of the property. If a property’s... Read More

How to Become a Hard Money Lender (And Build Wealth Today)

In this article Hard money lending can be an excellent way for real estate investors to build wealth. If you have a high income, excess cash in the bank, and experience in real estate investing, you could offer investors private money... Read More

DSCR Loans: Terms to Know When Working With These Popular Rental Loans

In this article This article is presented by Easy Street Capital. Read our editorial guidelines for more information. Navigating the world of financing rental properties can be overwhelming for even experienced real estate investors. There are tons of terms, phrases, and acronyms that can... Read More

What Is a Conventional Loan?

In this article A conventional mortgage loan is a type of financing offered by private lenders. Also called a conforming conventional loan, the mortgage meets the requirements for government-backed loans like Fannie Mae and Freddie Mac mortgages. Borrowers must meet specific... Read More

Short-Term Rental Loans: What Are the Options and How Do DSCR Loans Stack Up?

In this article This article is presented by Easy Street Capital. Read our editorial guidelines for more information. Short-term rentals continue to be one of the hottest areas of real estate investing in 2023. Despite some market volatility, slow down, and saturation in some... Read More