Category Archives: Mortgage Video

Watch out for The Compliance Income Trap on First Time Home Buyer Loans

I wrote this nine months ago, but never produced the video for various reasons. Then this weekend I was at a first time home buying class and heard a story of how a purchase fell apart, because a customer made too much money on a first time home buyer loan I am going to discuss how to avoid the Compliance Income trap, so your loan does not fall apart.… more

3 Ways to Get a Boston Home on Maternity Leave with VA Mortgage

Does being on maternity leave affect me buying a home? Will my purchasing power be reduced? There are 3 situations with slightly different criteria: Situation 1: If the borrower will be returning to their current employer prior to the first mortgage payment due date, the lender will qualify the borrower’s based on their gross monthly income amount that will be received when they return to work.… more

Why Buying a Single Family as an Investment Property is better investment than a Multi Family

Today I am going to discuss why Top 3 Reasons Why Buying a Single Family as an Investment Property is a better investment than a Multi Family The first reason is that a single family requires 15% down payment compared to 25% for a multi-unit for conventional financing.… more