There is no such thing as a “no-cost” loan. But these options may help.
The Cost of Free. By Jen Hudson
Commercial RE Appraisal Changes
Did you know? On April 9, 2018, the FDIC changed their rules. Per the federal agencies, commercial real estate transactions below $500,000 will no longer be required to have an appraisal.
Remember, just because the FDIC doesn’t require something… that doesn’t mean your local lender or bank won’t.
Want to read the full rules? Check them out here.
If you need help getting prepared for your next investment or business purchase, give us a call.
Jen Hudson
(206) 293-1005 or jen@hudsoncreg.com
Duane Petzoldt
(425) 239-1780 or duane@hudsoncreg.com
When the Walls are Closing In (based on a true story). By Jen Hudson.
You know when you run across those feel good moments and you realize why you’re really doing something? Recently, I had one of those moments again, and it made my day.
A couple months ago, I had a client call me. To protect the innocent, let’s call him Joe. The walls were closing in on him, and he had just gotten Continue reading “When the Walls are Closing In (based on a true story). By Jen Hudson.”
New Changes to Buying & Selling. By Jen Hudson
The Consumer Financial Protection Bureau (CFPB) is going to make changes. First, you’re probably thinking… the what? Continue reading “New Changes to Buying & Selling. By Jen Hudson”
Energy Improvement Loans. Think Before You Act. By Jen Hudson
Use caution when considering loans for energy efficiency upgrades. Two Reasons. Here’s why: Continue reading “Energy Improvement Loans. Think Before You Act. By Jen Hudson”
USDA Financing – Continued Resolution Passed by Congress
UPDATE – Congress has passed temporary Continued Resolution meaning that changes to USDA Rural Housing eligible areas has been delayed until mid December.
What does this mean for PrimeLending and USDA Rural Housing? Continue reading “USDA Financing – Continued Resolution Passed by Congress”
How to Be a Savvy Loan Shopper
Be a Savvy Loan Shopper… by Jen Hudson, GRI
When buying a car, you want go out and compare the best deals available, right? If you find a car that is a “steal,” then you know you should look a little closer at the details and ask why. Are they offering a warranty, a dealer incentive or maybe you are trading something else in. Would you agree that these different details could drastically impact your final sales price?
Well, the same principal applies when shopping for a home loan. You certainly don’t want to wind up with a lemon, so learn to be a savvy shopper. Here are some tips and common mistakes people make when shopping for a home loan. Continue reading “How to Be a Savvy Loan Shopper”