The U.S. housing market is the least affordable since 1984, requiring nearly 41% of the median household income for mortgage payments on a median-priced home, as per Intercontinental Exchange (ICE) research. This housing affordability crisis, worsened by high inflation, results in housing costs consuming a larger portion of incomes, alongside…
Are you a first time home buyer wondering how to house hack and buy a multifamily property with a minimal down payment? What mortgage options do you have when buying units while house hacking? What are the pros and cons of house hacking? In this episode, we discuss what you…
Are you a first time home buyer wondering what goes into the mortgage underwriting process when buying a home? What is manual underwriting and why is it important? How is different from getting automated underwriting? What happens during the manual underwriting process? What does the underwriter review when deciding on…
