The Smart Investor’s Guide to Buying an Investment Property
Investing in real estate has long been considered a reliable path to financial growth and wealth building. One of the key strategies in real estate investment is buying an investment property. Whether you’re a seasoned investor or a beginner looking to dip your toes into the world of real estate, this guide will provide you…
Read MoreWhy a Reverse Mortgage?
Reverse Mortgages are a great financial resource that has enabled seniors to use their home equity to sustain long-term retirement while maintaining residence in their home. The program began in 1988 as part of the Housing and Community Development Act. Since this time the program has undergone many changes. Most of these changes are designed…
Read MoreDSCR Loans: The New Secret Weapon
Alright, let’s cut to the chase like I’d slice a pineapple on pizza (I know, controversial). Here at Lincoln, we’ve discovered the Holy Grail of lending: DSCR Loans I know what you’re thinking: “Is that like the latest Marvel superhero?” Close, but no spandex. DSCR stands for Debt-Service Coverage Ratio and, not to overstate it,…
Read MoreMarket Update
A Look Into the Markets This past week Federal Reserve Chair Jerome Powell delivered his semi-annual testimony to Congress on Capitol Hill. Let’s walk through what the Chair said and how the financial markets reacted as well.“Help me if you can, I’m feeling down. And I do appreciate you being round” – Help! The…
Read MoreBuilders Spend More
NATIONAL MARKET UPDATE Residential construction spending headed up 0.9% in April, and is now 18.4% ahead of a year ago. Spending on new single-family home building gained 0.5%, while new multifamily spending increased 0.8%.The national Case-Shiller Home Price Index saw record increases of 2.6% in March, and 20.6% annually. The FHFA index of prices for…
Read MoreBudgeting for a Baby?
Babies bring joy and excitement. They also bring substantial adjustments to the family budget! According to U.S. News and World Report, after adjusting for inflation, it costs about $267,233 in 2021 dollars to raise a baby to age 18 (based on previously published Bureau of Labor Statistics data). That’s a daunting number, to be sure.…
Read MoreNow Approved in Pennsylvania!
Beginning this year, Lincoln Mortgage Solutions, LLC received it’s Mortgage Brokers license from the Great State of Pennsylvania! We look forward to serving the people of this beautiful state.
Read MoreHow To Buy A Home
I’ve been saying this for years. Click on the image for some really great advice! How To Buy A Home? It can be a very confusing experience. The terminology alone can be overwhelming with so many unfamiliar acronyms like FHA, USDA, VOR, DU to name just a few. If you have experienced professionals working…
Read MoreConventional 1% Down Program
Conventional 1% Down program with Equity Boost makes it easier than ever to get a borrower into their new home. Here’s how it works: Borrower puts down 1%, the lender contributes 2% toward the down payment, giving them 3% equity at closing.* Conventional 1% Down program is a great way to offer a low…
Read MoreMessage from the Mortgage Desk
“Mortgage Do’s and Don’ts” Today amid all the information pouring out to individuals via billboards, radio ads, TV ads, and the Internet what is the right information to follow? Below is a simple list of mortgage credit Do’s and Don’ts by Vic Melillo, a 25+yr Credit Master at Universal Credit Services. My credit expert! “Mortgage Do’s”…
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