MISSOURI INVESTOR LOANS
What Are Reserves? Reserves are liquid or near liquid assets that are available to a borrower after the mortgage closes. On every loan transaction, reserves are required to be verified as part of the approval process. Acceptable sources or reserves […]
Home-flipping activity and home-flipping profits went in two squarely different directions during first-quarter 2022, according to the most recent U.S. Home Flipping Report from Attom Data Solutions. According to the real estate analytics company, 114,706 single-family homes and condominiums were […]
The majority of this website and it’s content is geared towards purchase loans mainly because the investment property buying process is the similar to that of a refinance loan and because buyers typically have more questions than current homeowners. That said, here are a few sections that are specific to refinancing.