If you currently have an FHA loan, you may find that refinancing into a conventional mortgage may be a great choice to save money. Conventional loans can offer lower interest rates than comparable FHA loans. By refinancing into a conventional mortgage, you may be able to reduce both your monthly housing expenses and the total…
Read more
HUD has announced that it has extended eligibility for FHA mortgages to individuals who are classified under the DACA – Deferred Action for Childhood Arrivals program. DACA recipients who have come to be known as “Dreamers” are individuals who were brought to this country before their 16th birthday and were under 31 years old when DACA was…
Read more
Have you been denied for a mortgage recently? Do you have questions about the health of the mortgage industry today? I can help you clear up these mounting questions and assist you in getting that preapproval for your dream home. Read on for some much-needed information. With the onset of COVID19 our world has literally…
Read more
YES! Traditional thinking is that someone needs 20% of the purchase price to put down to buy a home. Back many years ago when your only option was to deal with a conservative local bank that may have been the case but, over time things have significantly changed. Let’s start with Traditional Conventional…
Read more
In this day in age, we a geared toward instant gratification. In the mortgage world, that is no different but, instant gratification may no be attainable at first glance. Pre-Approvals can help with that. It is Important! Getting pre-approved is very important and should be your first step. By working with me, or a mortgage…
Read more
Are you a property investor looking to protect your personal assets? Setting up an LLC to own your investment properties is one way many investors look to accomplish this. One common issue that investors run into is that they have trouble finding financing to help them purchase or refinance their homes in the name of…
Read more
Your Credit Scores – Understand them & see how YOU can improve them The New Year is upon us and now may be the best time for you to learn what goes into making up your credit scores and see how you can improve them in order to get your credit back on track. It…
Read more
Northeast Financial is a Connecticut Commercial Mortgage provider that specializes in Apartment Mortgage Financing. We cover most of the United States with a focus on the North East and East Coast. We offer Stated Income Commercial Mortgages as well as Conventional Commercial Mortgages. Allowed Property Types: Apartment Buildings and Multi-Family Properties Mixed-Use Retail and Office…
Read more
100% Mortgage Financing First, no money down mortgage options do exist in Connecticut. At North East Financial, there are many different options available for 100% mortgage financing or little money down. All of these programs have different requirements and not everyone will qualify. 100% Mortgage Financing Programs: VA Loan: If you are a veteran or…
Read more
VA Streamline Refinance Loans or IRRL A VA Streamline Mortgage is a great benefit offered to those who have served our country. The Veteran mortgage loan program has been around for nearly 75 years. VA loans came out of The Servicemen’s Readjustment Act or The GI Bill of Rights. It was created in 1944…
Read more
