You want your emergency kit to contain food that your family is familiar with and will actually want to eat. There are plenty of items that make great emergency kit additions. Consider the following items: Beef Jerky Saltine Crackers Soup for one Trail mix Powerbars Cheese & Crackers…
Condo Communities Can Look to Reverse Mortgages and FHA loans again Once Regulations are Adopted The most relevant provision of the changes will emulate the FHFA’s rules regarding the transfer fees for FHA mortgages including reverse mortgages. In July 2015 FHA began refusing to approve condominiums in higher…
A good summary of the 9 ways to use a reverse mortgage was published by Mary Beth Franklin – in Investment News June 2016. Investment News is a leading reference source for Financial Planners. Titled “9 surprising ways to use a reverse mortgage” is an excellent summary of…
Recently, one of Google’s engineers, Carl Elkin, created a tool using Google Earth to determine whether or not solar panels on your roof are the best option economically. ‘Project Sunroof’ was introduced, in which one can visit the Project Sunroof website, enter their address (given they live in…
Did you know a veteran can purchase a home in the Bay Area with 100% financing up to $625,500 and with 90% financing to over $1 million? VA loans do not have any monthly mortgage insurance and rates are around 4% within the lender credit to cover the…
A Renovation loan can be used to purchase a home or refinance an existing home. A HomeStyle Renovation Loan from Signet can be used to improve an investment property too! A renovation loan based on the improved value of your home making it a valuable alternative to a…
Veterans with a full entitlement can obtain 100% financing for a home purchase, well over the conforming loan limits, and there is no mortgage insurance. Check out these limits in selected counties for VA Loans: Alameda / Contra Costa / San Francisco …
FHA will be accommodating younger spouses under the age of 62 this August. Situations where a couple would benefit from a reverse mortgage but one spouse does not happen to be 62 can now be accommodated and allow the non-borrowing spouse to stay in the home, even if…
Everyone has a payment budget. You MUST think strategically! How long you plan to stay in your home can play an important role in your home buying strategy. For example, if you plan to be in you home 5-7-10 years, an adjustable rate mortgage could provide $59,000 more…
As I was starting on my hike well before sunrise Saturday morning, the crunch of my hiking boots on the gravel trail caused me to think about those serving in our military all over the world and the sound their boots make every day on our behalf. I…