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Category Archives: Real Estate
USDA Eligibility Maps to Remain In Place…For Now!
ShareTweet The maps were supposed to change at the beginning of the year, but have now been left in place until October 15th 2014. USDA mortgages allow income qualified borrowers purchase homes that are considered “rural” with 100% Financing. They … Continue reading
USDA Is Back to the Future…For Now
ShareTweet In October the USDA Eligibility Maps changed for the worse. After the Government shutdown the USDA maps reverted back to the previous, more favorable maps. On January 15th the future maps go back into effect. USDA guarantees loans for … Continue reading
Posted in Financing, Real Estate
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Fannie Mae Increases Minimum Down Payment in November 2013!
ShareTweet You read that correctly! Beginning November borrowers will not have access to 3% down mortgages through Fannie Mae. The minimum down payment will increase to 5%, forcing borrowers to turn to FHA with a higher cost due to Mortgage … Continue reading
Posted in Real Estate
Tagged financing, Malta, mortgage, mortgage broker, real estate, Saratoga
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Victory Funding is Hiring!
ShareTweet Title: Mortgage Processor Victory Funding is a high integrity, professional Mortgage Broker in Malta, NY that specializes in delivering the highest level of service to every client. We have fun at work, and we value and respect each team … Continue reading
Posted in Real Estate
Tagged banking, Job, Jobs, Loan processor, mortgage broker, mortgage processor
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USDA Changes Make It Tougher For Buyers
ShareTweet Beginning May 1st 2013 USDA Guidelines will tighten up the once user friendly program, likely to head off losses the agency sees in the future. USDA, yes the same people that inspect your meat, guarantees loans for lower income, rural housing. Rural … Continue reading
3 Great Lead Generation Tips
ShareTweet Prospecting is one of the hardest parts of the Real Estate business. It separates the successful from the mediocre in every sales job. Make no mistake about it, if you are in Real Estate, you are in the lead … Continue reading
Posted in Free Tips, Local, Real Estate
Tagged Averil Park, Guilderland, Malta, mortgage broker, NY, real estate, real estate agent, Saratoga County
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Investor Attitudes – Make or Break
ShareTweet Your attitude will make or break you in the investing world. Are you buying your first rental? So, are you after cash flow or long term equity? Either way, if your attitude is wrong going in, you will be … Continue reading
Posted in Free Tips, Investing, Real Estate
Tagged advice, albany, investing, real estate, Real Estate Investing, schenectady, troy
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USDA Property Eligibility Map to Change!
ShareTweet Good Morning! We have a very important update for you today! If you have a listing in a USDA eligible area OR you are working with buyers that expect to use a USDA loan then you need to read … Continue reading
Posted in Real Estate
Tagged Purchase money, real estate financing, refinance, USDA Loans, Victory Funding
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Rent with Option or Land Contract?
ShareTweet The answer lies in your own personal needs. Both are suitable means of helping a buyer into your property, but each has advantages depending upon your goals. Lets explore the structure of each, then your choice will be clear. … Continue reading
5 Best Rehab Opportunities
ShareTweet Making money is about solving problems! The top 5 most profitable problems are easy to spot and can make you thousands! When i buy a rehab project to flip I look for very specific issues. Most of the time they … Continue reading
