Do you have a lot of cash in the bank, but do not have the income needed to purchase the home you want? This can be frustrating for many clients as they have accumulated assets over the years and plan on using those funds to cover all or part of their house payment each month.   If so, you may qualify for a loan using a method called “Asset Depletion.”  This program is available to borrowers aged 62 or older, purchasing a primary residence and putting down at least 20%.  If this sounds interesting to you, let’s chat!
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Do you have a lot of cash in the bank, but do not have the income needed to purchase the home you want? This can be frustrating for many clients as they have accumulated assets over the years and plan on using those funds to cover all or part of their house payment each month.   If so, you may qualify for a loan using a method called “Asset Depletion.”  This program is available to borrowers aged 62 or older, purchasing a primary residence and putting down at least 20%.  If this sounds interesting to you, let’s chat!

ByBrandon Butler

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When you finance a home, there may be circumstances where a co-signer who is not occupying the property you are buying helps you out quite a bit! There are multiple reasons why someone would consider using a co-signer, but the most important thing to remember is that it could affect your required downpayment. That’s why it is essential to talk with your lender first! So let’s talk if you are considering adding a co-signer to your home loan!
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When you finance a home, there may be circumstances where a co-signer who is not occupying the property you are buying helps you out quite a bit! There are multiple reasons why someone would consider using a co-signer, but the most important thing to remember is that it could affect your required downpayment. That’s why it is essential to talk with your lender first! So let’s talk if you are considering adding a co-signer to your home loan!

ByBrandon Butler

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How is Cryptocurrency/Virtual Currency used to purchase a home?  Cryptocurrency is considered an asset to purchase a home. However, this asset must be converted into US dollars and deposited into a US bank account to be used for purchasing a home.  If you have questions, let’s talk!
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How is Cryptocurrency/Virtual Currency used to purchase a home?  Cryptocurrency is considered an asset to purchase a home. However, this asset must be converted into US dollars and deposited into a US bank account to be used for purchasing a home.  If you have questions, let’s talk!

ByBrandon Butler

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Have You Heard of Delayed Financing?  In competitive home buying markets, some buyers will choose to offer cash for the property to win the bid.  Once they close, they can immediately refinance their home under “delayed financing” to recoup their investment.  If this sounds like a strategy you are curious about, let’s talk! 
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Have You Heard of Delayed Financing?  In competitive home buying markets, some buyers will choose to offer cash for the property to win the bid.  Once they close, they can immediately refinance their home under “delayed financing” to recoup their investment.  If this sounds like a strategy you are curious about, let’s talk! 

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.