Loans for Fix and Flip properties

If you don’t have enough money to buy & rehab a house out of pocket, you may be able to get a mortgage loan. It will be more difficult to get financing for a house you plan to flip than for a house you plan to live in, and the loan you get may have a high interest rate and fees. Read on to learn about loan options.

The Pros and Cons of iBuying

When you’re selling your home, it’s natural to want to make the sale as quickly as possible, with the smallest possible amount of stress. For that reason, some sellers today are opting to work with an iBuyer, an organization, investor or program that will buy your home without taking the traditional steps to list or sell your home.

If You Request Mortgage Forbearance Because of COVID-19, Discuss Repayment Options With Your Lender

If the economic impact of the coronavirus has left you unable to pay your mortgage, you may be eligible for forbearance that could temporarily halt or reduce your payments. When you contact your lender or loan servicer, talk about options available to you and make sure you understand when and how you would be expected to make up missed payments.