Buying a home is likely the biggest purchase you’ll ever make. And if you’re like much of the population, you’ll need a mortgage to make it happen. That makes it crucial…
Category: Consulting
What Should A Lender LOI Include?
A Lender LOI or also a Letter of Interest is a document that a Commercial Mortgage Broker or Lender will provide to you when you submit a loan package. This…
Significance of Home Inspection Before Buying or Selling
Performing home inspection before buying or selling the property is good both the parties involved in the deal. Having a good assessment of home can considerably expedite its sale. Presenting…
Understanding Loan-to-Value Ratio (LTV) and Debt Service Coverage Rate (DSCR)
What is a loan-to-value ratio (or LTV)? The LTV is very important in determining the amount of capital that can be obtained to finance a given property. LTV relates the…
Property Construction Loan - Ten Pitfalls And How To Avoid Them
A property construction loan is different from other types of loan. The most likely reason for looking for a property construction loan is to build a house or commercial building…
7 Smart Moving Tips
A budget doesn’t just help you manage the cost of moving, it can also act as a useful way of knowing nothing has been overlooked.