The average homeowner feels secure knowing they have insurance in the event of a severe weather calamity. Most people believe that no matter what happens, they have paid for protection against disaster.
Investing in commercial real estate can be a lucrative endeavor, offering the potential for long-term income and wealth creation. However, accessing the necessary funds to acquire or develop commercial properties is a crucial step in the investment process. Commercial real estate financing provides investors with the means to secure the capital required for these ventures.
Building a real estate investment portfolio is a proven strategy for long-term wealth accumulation and financial security. Strategic financing plays a crucial role in achieving your investment goals as an investor. By leveraging loans effectively, you can identify opportunities and maximize returns on your real estate investments. In this article, we will explore the benefits
As a real estate agent, you play a critical role in helping your clients achieve their dream of owning a custom-built home. However, obtaining a construction loan can be a complex and intimidating process, and it's important to have as much information as possible to help your clients make informed decisions. In this article, we'll
The real estate market has taken a big hit in the last few months, both for buyers and sellers. But another group that has been hit is real estate professionals. Following substantial hikes to the funds rate to curb inflation, mortgage rates have risen to their highest levels since 2002. At just over 7%, the
The kitchen has long been a place in every house where family and friends gather. If your kitchen is still living in the 90s or early 2000s, you might find yourself less inclined to cook or want to host holiday get-togethers. An upgraded kitchen can not only give you more pleasant years around the table,
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)
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
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
When building your dream home, there are many factors to consider when choosing your home builder. Who you entrust to build your home can make or break the designing and building process as well as the final product, which is why finding the right home builder for you is important. Here are the key points
Just the thought, idea or hearing the term adjustable-rate mortgage (ARM) can create a negative reaction in people. Some people would prefer riding on an atomic weapon just as Slim Pickens did in Stanley Kubrick’s famous movie than to get an ARM. This reaction is perfectly understandable. About 90% of mortgages people take out are
If you have extra income or funds to invest, you may realize that there’s an overwhelming number of investment choices out there. One investment option you shouldn’t overlook is owning an apartment building. Here are five reasons why owning an apartment building is a great investment. Capital Appreciation Your investments should increase in value