by Henry Castillo | Sep 14, 2022 | Business, Opinion
The evolution of technology has allowed many professions to move towards a remote work environment. This means meetings are done over teams or zooms, and checking in is done via a quick message to your supervisor. Many companies have worked with this model, and some...
by Henry Castillo | Jul 31, 2022 | Finance, Real Estate
Owner occupied financing refers to when a borrower for a property purchase will be staying and occupying said property. This is a preferred lending option for most lenders and financial institutions, because with the borrower living there they are more likely to...
by Henry Castillo | Jul 13, 2022 | Finance, Real Estate
Loan-to-Value and Combined Loan-to-Value ratios are used to evaluate the total amount of a property that is encumbered by liens and debt obligations. Understanding how providing a loan to a borrower relates to the value of the property or asset the loan is for shows...
by Henry Castillo | Jul 12, 2022 | Finance, Real Estate
When applying for a home loan, the lender is going to do some underwriting to see how much the borrowing can pay and borrow. One important metric is the Debt-to-Income Ratio (DTI). This metric depicts how much debt you have versus the income you make. You can...
by Henry Castillo | Jul 12, 2022 | Real Estate
When acquiring property there are many financing options beside your traditional mortgage. One unique financing option is the subject to mortgage. This approach has benefits for the buyer, yet you need to ensure it’s the best option for you. A subject mortgage...
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