Attention Real Estate Pros! We Have Mortgage Options For Your Clients


As a portfolio lender, we underwrite and hold onto our own loans in most cases. This allows for flexibility on files that “make sense” but maybe fall outside the standard profile. Scenarios where we have an advantage over non-bank lenders would be: ARMs Many clients are getting very comfortable with an adjustable rate mortgage (ARM)

Your Construction Loan Roadmap


Everyone’s construction loan roadmap will be a little different and take different timeframes. The single biggest item that impacts how long it takes to close on your construction loan is when adequate plans and a budget are available. Because the construction loan appraisal is based on the plans and specs of the project, the appraiser

Construction Loan Guide 2022


At Ed Currie, we offer two different construction loan programs — our standard portfolio program and Fannie Mae’s Homestyle Program. While most loans utilize the portfolio program, there are instances where the Homestyle Program can be a better option or the only option. Because we know this can be a complicated process, we’ve prepared

Expanded Guidelines For Debt Ratios, Lot Loans, Construction Loans, And Mortgages


Ed Currie and his team understand the importance of getting you the loan you need to move into your new home, so we’ve expanded our guidelines to make the process even easier, and to help you qualify for the loan you need.  Expanded Debt Ratios We’ve expanded our debt ratios up to 50 percent in

What To Look For When Choosing A Lot For Your New Home


Choosing a lot for your custom home is a critical step in your home-building journey. In fact, some say it’s even more important than the home you’ll build on it. Here are some important factors to consider when buying your lot. Location The first rule in real estate (Location, Location, Location) definitely applies when purchasing

How Homeowners Can Maximize Their Tax Deductions


Owning a home is one of the biggest investments most people make in their lifetime. Being aware of tax deductions and other credits available will give this big purchase every opportunity to pay you back a little come tax time. Here are six tips for homeowners to maximize your tax deduction: Tip #1: Be Organized

What’s Happening In the Mortgage Market?


The move in the U.S. Treasury market recently has been historic. The benchmark 10-year treasury in the past 13 trading days has dropped over 1% trading this morning at about 0.50%. I would expect the Federal Reserve to throw the kitchen sink at the market on Monday in an attempt to stabilize the markets. In addition to

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