Did you have a timeshare that ended in Foreclosure?  Many people think that this goes onto their credit record as a real estate foreclosure.  Home financing lenders look at a timeshare foreclosure as an installment debt.  So, while it may affect your credit score, it does not trigger a waiting period to finance real estate.  If this happened to you, let’s talk!
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Did you have a timeshare that ended in Foreclosure?  Many people think that this goes onto their credit record as a real estate foreclosure.  Home financing lenders look at a timeshare foreclosure as an installment debt.  So, while it may affect your credit score, it does not trigger a waiting period to finance real estate.  If this happened to you, let’s talk!

ByBrandon Butler

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If you are considering refinancing, you may hear the words “Net Tangible Benefit.”  Essentially, this means that the lender must show that there is a financial reason which benefits the consumer prior to refinancing the loan.  Reasons may include a lower rate, a lower overall monthly payment, a shorter-term loan, or moving from an Adjustable rate to a fixed rate.  Let’s discuss your situation to see if refinancing makes sense for you!
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If you are considering refinancing, you may hear the words “Net Tangible Benefit.”  Essentially, this means that the lender must show that there is a financial reason which benefits the consumer prior to refinancing the loan.  Reasons may include a lower rate, a lower overall monthly payment, a shorter-term loan, or moving from an Adjustable rate to a fixed rate.  Let’s discuss your situation to see if refinancing makes sense for you!

ByBrandon Butler

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Have you ever dreamed of owning a home in the country with land to roam on?  While farms and agricultural properties are a little more challenging to finance, properties in rural settings, including those that have agricultural characteristics, are acceptable for conventional financing. So, if you are thinking about moving to a home in a rural setting, let’s talk, and I’ll help you figure out how to finance it!
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Have you ever dreamed of owning a home in the country with land to roam on?  While farms and agricultural properties are a little more challenging to finance, properties in rural settings, including those that have agricultural characteristics, are acceptable for conventional financing. So, if you are thinking about moving to a home in a rural setting, let’s talk, and I’ll help you figure out how to finance it!

ByBrandon Butler

A subscription is required to access this content—please view our available subscription options. If you are a current subscriber, please log in.