Today’s mortgage lending is changing almost overnight. As a real estate investor you have to understand what the strategies you will need to invest in real estate. Because non owner occupied loans carry a higher risk, lenders are now doing everything in their power to limit that risk.
Aaron VanTrogen from Geneva Financial has been [...]
This week the government announces their bailout of Wall Street with the proposal to buy up as much as $700 billion of illiquid mortgage assets. This proposal is the most sweeping intervention in the financial markets since the Great Depression and is aimed at stemming the credit crisis on Wall Street.
The proposal states for the [...]
If you are in the real estate business or if you have been trying to find a mortgage for your personal home you have probably found out that the mortgage industry has been going through many difficult changes. Just a couple of years ago it was pretty easy to find a 100% owner occupied mortgage. [...]
