Posts by Brian Wickert
Can I use a gift to make a down payment?
Gifts for a Down Payment Are No Problem! Gifts from relatives and domestic partners are an acceptable source for both down payment and closing costs when financing a primary residence or vacation home — but gifts cannot be used when financing a rental property. Here’s how it works: Accunet will prepare a Gift Letter for both you…
Read MoreLow Down Payment Home Loans
Let’s be frank. Twenty is usually better than zero. Especially when you’re talking about cable channels. But for many, a 20% down payment on their home mortgage is more than a little daunting. Other lenders offer low down payment options, but require extra insurance to protect the mortgage lender in case you default on your…
Read MoreBuying a Duplex
Buying a duplex or multi-unit home instead of a single family home can have many advantages. As long as the purchaser lives in one of the units, it is considered an owner occupied home when obtaining a mortgage. Rental income can not only help with mortgage payments, but can potentially help the purchaser qualify for…
Read MoreThe Accunet Mortgage Show (02/07/2021) Episode
This week’s Highlights: A Continuing Theme: First time home buyers competing in the market Fox Business refinancing article: Really as bad as it seems? Federal Housing Financing Agency stats and figures Download a transcript of this week’s episode here. It’s not easy being a first time home buyer… but not impossible! We’ve noticed a trend…
Read MoreThe Accunet Mortgage Show (01/31/2021) Episode
This week’s Highlights: Tim’s Tips for first time home buyers An update on last week’s FHA loan client experience & why condos aren’t his best move WHEDA Loans: What has changed? Getting approved for a loan as a self-employed home buyer Download a transcript of this week’s episode here. How to write a winning home…
Read MoreThe Accunet Mortgage Show (01/24/2021) Episode
This week’s Highlights: Some notable 2020 real estate data Things to consider when you’re a first time home buyer David’s secret pro tip for home buyers Download a transcript of this week’s episode here. Official 2020 real estate reports It was a rip snorting awesome year in real estate over the course of 2020! According to…
Read MoreThe Accunet Mortgage Show (01/17/2021) Episode
This week’s Highlights: Have mortgage rates spiked sharply in the past 2 months? Fannie Mae’s economic forecast is lookin’ good! What no one tells you about mortgage pre-approvals Download a transcript of this week’s episode here. What’s with the increase in mortgage rates? It has been reported that mortgage rates “rebounded sharply” since their all-time…
Read MoreThe Accunet Mortgage Show (01/10/2021) Episode
This week’s Highlights: How do current events affect the housing market? Is renovating your home worth the cost? More housing market data for 2020 Download a transcript of this week’s episode here. Last week had an odd effect on the stock market… here’s why. As a general rule, when the news is bad, so is…
Read MoreThe Accunet Mortgage Show (01/3/2021) Episode
This week’s Highlights: Fannie Mae National Housing Survey indicates consumer confidence in the housing market has fallen What is a bridge loan, and how do you know if it’s right for you? Download a transcript of this week’s episode here. Homebuyer confidence is has dipped since 2019 The Fannie Mae Home Purchase Sentiment Index® measures…
Read MoreThe Accunet Mortgage Show (12/27/2020) Episode
We’ve got a whole bunch of stats coming at you to round out the end of a wild 2020 home buying and selling experience. With yet another new low home mortgage rate at 2.66%, we can tell you now that we don’t expect those rates to budge any time soon. Scan through the rest of…
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