How Do You Know That Fixer-Upper is a Dream --Or a Money Pit!
You might have heard about the allure of fixer-upper homes. They come with a promise of potential and an opportunity to create your dream space. But, before you commit, let's figure out if that fixer-upper is a hidden gem or a money pit in disguise.
The Adventure of Buying and Renovating a...
After redlining settlement, City National Bank launches home loan grants for underserved
Just 8% of CNB's borrowers were minorities vs. 46% at other banks,the DoJ complaint alleged.
By JEFF LAZERSON | jlazerson@mortgagegrader.com | MortgageGrader.com | September 18, 2023
Article originally posted in Orange County Register on September 15, 2023.
As part of a lending...
Exploring the World of Multifamily Homes: Your Path to Real Estate Wealth
Have you ever wondered about the benefits of living in or investing in multifamily homes? Well, you're in the right place! Multifamily homes, also known as multidwelling units (MDUs), offer a unique and versatile housing option that's worth considering.
What Are Multifamily...
Fannie Mae, Freddie Mac fixed rates hit 8% for qualified borrowers
A buyer with 20% down payment and a 699 FICO score gets an 8.125% rate for a 30-year loan.
By JEFF LAZERSON | jlazerson@mortgagegrader.com | MortgageGrader.com | September 12, 2023
Article originally posted in Orange County Register on August 30, 2023.
Circa 2000 was the last time I handed...
Tips for inflation-bitten budgets to conquer mortgage payment struggles
Seniors and people working in real estate are struggling to pay their bills amid rising costs or lost income.
By JEFF LAZERSON | jlazerson@mortgagegrader.com | MortgageGrader.com | September 13, 2023
Article originally posted in Orange County Register on September 07, 2023.
Of late,...