Discover the Step-by-Step Process: Brazilians Can Easily Purchase Property in the USA! Learn about the seamless property acquisition process for Brazilians in the United States and their homeownership rights. Find out everything you need to know about buying real estate in the USA as a Brazilian citizen without immigration status or residency rights. Foreign nationals, […]
An FHA Streamline refinance is a refinancing option for homeowners with existing FHA mortgages, allowing them to take advantage of lower interest rates or transition from an adjustable rate to a fixed-rate mortgage. The Streamline program simplifies the refinancing process by limiting documentation requirements, making it faster and more efficient. This limited documentation requirement makes […]
A Non-QM (Non-Qualified Mortgage) home loan is a type of mortgage that does not meet the strict qualification requirements set by the government and conventional lenders. Non-QM loans are designed to help borrowers who may not fit into the traditional mortgage box, such as self-employed individuals or those with non-traditional income sources. One of the […]
Contrary to popular belief, you do not need a social security number in order to secure a mortgage. You can qualify for a mortgage with an ITIN number as long as you meet the requirements for the loan. This means being able to prove that you have a solid credit history, stable employment, and US-based assets. Portfolio […]
The traditional fixed-rate mortgage is the most common type of loan program, where monthly principal and interest payments never change during the life of the loan. Fixed-rate mortgages are available in terms ranging from 10 to 30 years and can be paid off at any time without penalty. This type of mortgage is structured, or […]
Adjustable Rate Mortgages (ARM)s are loans whose interest rate can vary during the loan’s term. These loans usually have a fixed interest rate for an initial period of time and then can adjust based on current market conditions. The initial rate on an ARM is lower than on a fixed rate mortgage which allows you […]