Celebrating 50 Years of Equal Credit Opportunity: A Milestone in Homeownership
Thursday, 01 February 2024
Half a century ago, the landscape of homeownership in the United States changed dramatically. It was 1974 when the Equal Credit Opportunity Act (ECOA) was signed into law, marking a significant stride towards financial equality. The ECOA made it unlawful for any creditor to discriminate against any applicant on the basis of race, color, religion,
- Published in Homebuyer
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Unleashing the Power of Home Equity: Three Options for Senior Homeowners
Tuesday, 26 December 2023
As the value of homes in America continues to rise, senior homeowners are finding themselves sitting on a growing treasure trove. The collective home equity of American homeowners has reached an impressive $30 trillion, according to recent reports. The question is how seniors can tap into this wealth to support their financial needs during retirement.
- Published in Mortgage
Non-QM Loan Programs New Orleans – America’s Mortgage Resource
Friday, 20 October 2023
You may now be able to purchase property in New Orleans or along the MS Gulf Coast without having the perfect tax returns or debt to income ratio using what’s called a Non-QM (or non-qualifying mortgage)! Whether you are self-employed and prefer to use bank statements to qualify for a loan, are looking to purchase
- Published in Loans
Louisiana Fortify Homes Grant Program Applications Now Open
Friday, 20 October 2023
Breaking News in Louisiana: You may be eligible for a grant of up to $10,000 to upgrade your roof to a Fortified Roof and improve your home insurance options at the same time! Introducing: Fortified Roofing As locals know, Louisiana faces more than our fair share of natural disasters every year such as hurricanes and
- Published in Loans
Fannie Mae Introduces 5% Down Payment Option for Multi-family Homes
Friday, 20 October 2023
In recent years, the demand for multifamily homes has been on the rise. As more people choose to rent rather than buy, investors have been eyeing these properties as a lucrative investment opportunity. However, one major barrier for investors looking to purchase multifamily homes has been the high down payment requirement. Most lenders typically require
- Published in Homebuyer
You Can Buy A New Home WITHOUT Making Mortgage Payments
Monday, 10 July 2023
Did you know that it’s possible to buy a new home without having to make Principal and Interest mortgage payments every month? With a Home Equity Conversion Mortgage (HECM), seniors can roll two goals, into just one transaction, getting a reverse mortgage and buying a new house, who knew?!! Let’s take a look at how
- Published in Reverse Mortgage
No Need To Assume: Updates To Flood Policy Rates Makes Life Easier For Buyers
Friday, 09 June 2023
Let’s be honest: as good as it feels to help someone close on a new home, dealing with our current insurance issues can be exhausting for everyone involved. Buyers all across southern Louisiana are doing their best to avoid getting a new flood insurance policy thanks to Risk Rating 2.0. We can’t really blame them.
- Published in Homebuyer
Today’s real estate buyers & sellers need leaders… will that be you?
Tuesday, 18 April 2023
There’s enough scary news and speculation floating around the internet to make even seasoned real estate professionals take pause. Interest rates. Inventory levels. Pundits talking about recessions and buying power. As industry professionals, our job is to watch, listen and apply what we’ve learned over the years to guide us through times like these in
- Published in Real Estate
How to Secure Your Financial Future To Avoid Outliving Your Retirement Fund
Tuesday, 28 March 2023
Retirement is a time for relaxation, travel, and enjoying the fruits of your labor. However, many people find themselves struggling financially during their golden years due to inadequate retirement savings. The average retirement savings for Americans in 2023 is estimated to be $142,893. While some cost of living can be supplemented with Social Security, the
- Published in Retirement
The Five Big Reasons Seniors Should Consider a HECM Loan
Wednesday, 25 January 2023
For most retirees, a financial planner is a necessity for figuring out how to comfortably live on their savings after they quit working. But often, there are times when even financial planners need to turn to professionals like us for help to ensure their clients are able to live comfortably in their retirement. The most
- Published in Reverse Mortgage