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It’s a rather odd term and something that’s somewhat counter-intuitive at first glance. The term “delayed financing” might indicate nothing more than putting off a home purchase or waiting to qualify for a mortgage. But it is a new term and something that Fannie Mae came up with in 2011. The loan program is currently […]
The lending landscape has normalized to a point, with wild loan programs from an array of lenders a thing of the past. But to this day, lenders still approve loans according to their own set of rules. If you’ve been denied by one lender, another lender may be perfectly fine with your loan file. If […]
Boom in Home Equity Paves Way to Many Refinance Options
January 9, 2014
A study by the Federal Reserve reported recently that homeowner’s equity from the third quarter of 2012 to the third quarter of 2013, the most recent figures increased by a staggering $2.2 trillion dollars. Yes, there are still pockets that are still struggling yet these findings show that finally we’re on the road to recovery […]