Blog Image: Reverse Mortgage Pros and Cons

Reverse Mortgage Pros and Cons

Reverse Mortgage What exactly is it? Money that you take out from the equity of your home. You have worked hard, paid off your mortgage or a good portion of it and now you have some equity. A reverse mortgage is like a line of credit but the good news is you don't have to pay it back.  You can pull out a portion of the equity enjoy life a little, you can stay in your home until forever without paying it off.  At a later time if you need to take more money out and the value of your home has increased you can do another reverse mortgage.  What about your heirs, once y...

November 17th, 2015 Reverse Mortgage Pros and Cons

Blog Image: Conventional Jumbo Bankruptcy Foreclosure Short Sale ok! 10% Down

Conventional Jumbo Bankruptcy Foreclosure Short Sale ok! 10% Down

Yes you can! Foreclosure, Shortsale, Bankruptcy within 7 years, you can buy again and up to Jumbo with only 10% Down, 5/30 Arms or 30 year fixed NO MI!!! Beautiful loan, conventional Fannie Mae wants 20% down or can't get it done typically, but a new line has just opened up and you can now purchase a home with only 10% down. Calll me for more details

October 21st, 2015 Conventional Jumbo Bankruptcy Foreclosure Short Sale ok! 10% Down

Blog Image: First Time Homebuyer 101

First Time Homebuyer 101

Buying a Home 101!  First time homebuyer be not afraid: What are the steps, you might ask? First you make the decision that it's time to do it, and somehow you have managed to save a little bit of money.  You need someone to walk you through the process, the first step is finding out that this is your goal and you intend to meet it!  Then you make an appointment with a lender (in this case me), we review your financials, and easy task, can take minutes or longer.  This is done so that we may see what your affordability is or if there any problems that would keep y...

October 12th, 2015 First Time Homebuyer 101

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The American Dream

You Can Make It A Reality! For most of us, becoming a homeownerowning is the American Dream. According to a study conducted by the NATIONAL ASSOCIATION OF REALTORS®, 87 percent of those polled cited owning a home as the number one criterion for defining "the good life." Owners and renters alike considered homeownership desirable for the following reasons: the pride of ownership, their dislike of paying rent, and the ability to change features of their homes to match their individual tastes and needs. If you won your own home it helps provide a sense of security and wel...

September 25th, 2015 The American Dream

Blog Image: Buy vs Renting= retirement

Buy vs Renting= retirement

Can't save money if your life depends on it? Not enough money at end of month to put anything away into a savings account?  You are renting, pay housing each month no matter what! If you do this already, then you qualify to purchase a home.  Hard to believe? It's real, affordable, easy to do, Just Do It! Ask me how-  Virginia Nickel 602.277.4545

September 20th, 2015 Buy vs Renting= retirement

Blog Image: VA Principal Reduction

VA Principal Reduction

VA Princiapl Reduction Refi! Yes, it is true if you live in the valley and are upside down on your mortgage you may very well qualify for a principal reduction and refinancement = lower balance, and lower monthly payment! It's easy to qualify, very easy and the State of AZ has billions of dollars to assist the VAs that are upside down on their mortgage.  Give me a call I will assist with the simple application and process. And, yes I have closed these loans already.  602-277-4545 Virginia

September 18th, 2015 VA Principal Reduction