Afford Anything

OCTOBER 4, 2021

And what type of mortgage is she eligible for since she already owns a home? I’m a real estate broker making $150,000 – $200,000 per year with no debt aside from my mortgages. We have $100,000-$150,000 in equity in it and would make $200,000 in cash if we sold it. Should I sell the two rentals?

HR 67

HR Banks Mortgages New Construction 67

HomeLight

MARCH 31, 2022

Potential homebuyers will need to budget for a down payment, closing costs, monthly mortgage payment, and that doesn’t even include the cost of utilities. Coming up with that amount of money to spend on a single purchase can be daunting, especially for first-time homebuyers, who don’t have equity in an existing home.

Closing costs 105

Closing costs Loans Closing Debt-to-income ratio 105

Afford Anything

JANUARY 10, 2022

We owe $220,000 on our house, at an interest rate 3.75% and have $110,000 in equity. We have two mortgages, with one being a rental home, and we have a car loan at just 1.9%. Gusto makes payroll, benefits, and HR easy for modern small businesses. Neither of us want to retire super early; we are targeting our mid to late forties.

HR 57

HR Brokerage Staging Equity 57

Afford Anything

JANUARY 25, 2021

The second option will reduce my rent by $200 per month, and I’d start to build equity sooner. The protected items that are not affected by your expected family contributions are: Home equity. We have a 30-year home mortgage of $200,000 at a 3.5 Gusto makes payroll, benefits, and HR easy for modern small businesses.

Loans 67

Loans HR FHA loan Equity 67

Housing Wire

FEBRUARY 5, 2025

However, with low inventory and high interest rates in recent years, many more house hunters are looking for a lower-priced property that they can improve with some love and sweat equity. Target first-time homebuyers by holding live webinars in cooperation with your favorite mortgage professional.

Commercial 312

Commercial Agents Development Renovation 312

Notorious ROB

DECEMBER 19, 2022

Rocket Mortgage Acquires Redfin. To be fair, there were a number of big announcements, but the one I honed in on was this one: We plan to overhaul our current mortgage funnels away from third-party lead generation and toward Zillow Home Loans , and bolster our loan officers’ tools and capabilities to help the customers who come their way.

MLS 79

MLS Agents Pre-approval Brokerage 79

Housing Wire

MARCH 21, 2024

Rising costs “The 30-year fixed mortgage has increased over 100%, doubled, since 2020,” Davidson said. These high prices are great for the current owners, but they’re difficult for anyone looking to move anytime in the near future as their equity is now worth more,” he said. “It Doubling the average monthly payment.

HR 459

HR Title Development Equity 459