USDA loans are pretty awesome. We used to do alot of them but when the market shifted the USDA loan became less used. Today we’re seeing USDA loans on the rise! USDA Income Limits NH 2025 | Bookend Lending USDA Guaranteed Housing ProgramIncome Limits — New Hampshire FY 2025 Adjusted Income Limits · HB-1-3555, Appendix […]
Mortgage Info Blog
Seniors: Buy This Stunning Tuftonboro Ra...
Seniors: Buy This Stunning Tuftonboro NH Ranch With Less Cash Using a HECM Reverse Mortgage 21 Mountain Shadows Road Tuftonboro, NH 03816 · Carroll County · Low-Tax Community $1,250,000 3 Bedrooms 3 Baths 3,102 Sq. Ft. 2022 Built $6,552 Taxes/yr Photo gallery — click any photo to enlarge About this home An exceptional custom-built ranch […]
HECM for Purchase – Tap your Home Equity
Video: HECM for Purchase – Tap your Home EquityEquity is the portion of your home's value that you own. It's calculated by subtracting the balance of your mortgage and any other loans secured by the home from its current market value. Your equity grows in two ways: by paying down... More Are you a senior homeowner that feels your home no longer fits your needs? You don’t need the additional family space anymore, and maintaining a large home is expensive and can be a drain on your time and resources. It might be time to downsize and move into […]
The Reverse Mortgage Line of Credit Stra...
Financial Advisors Like the Reverse Mortgage Line of Credit Strategy As a financial advisor, you may be overlooking a significant planning tool… a reverse mortgage line of credit. The government regulated and insured FHA Home EquityEquity is the portion of your home’s value that you own. It’s calculated by subtracting the balance of your mortgage […]
What Your Credit Score Means
Video: What Your Credit Score Means A credit score is a 3-digit number based on several factors from your financial activity. It’s used to determine your creditworthiness for things like a mortgage, auto loan, or credit card. FICO creates what’s known as a FICO Score, the most widely used credit scoring model today. While there […]
Buying a Home Together: What Two Unmarri...
More people than ever are buying homes together — whether they’re unmarried couples, close friends, or family members co-buying with each other. From a mortgage standpoint, it doesn’t matter and it’s completely fine. We look at your income, credit, assets, and debts, and structure the loan accordingly. Being married or unmarried doesn’t change much on […]
Discuss Retirement Income with a Reverse...
Video: Why Talk to a Reverse Mortgage Specialist? You’re retired – or soon will be – and you’re in the process of planning for the days after you stop working. You’re checking with your financial advisor regularly to make sure your IRA or 401K is performing as you hoped, and you’ve worked long enough that […]
Master Insurance for Condos in New Hamps...
Master Insurance: Why It Matters When buying a condo, one of the most overlooked — and most important — factors is the master insurance policy. A buyer can be fully qualified.The unit can appraise.The offer can be strong. 👉 But if the condo association’s insurance doesn’t meet lending guidelines, the loan may not close. What […]
6 Condo Red Flags That Can Kill Your Loa...
6 Red Flags When Buying a Condo in NH When you buy a condo in New Hampshire, you’re not just buying a unit. You’re buying into a community. Every owner — whether there are 2 units or 200 — owns a proportionate share of the common land and amenities. That often includes building exteriors, entryways, […]
Retirement Cash Flow for Baby Boomers
Video: Retirement Cash Flow for Baby Boomers Unlike previous generations, today’s baby boomers face some unique challenges to funding – and maintaining – their current lifestyle in retirement. They can no longer depend on the steady income provided by a company pension as their parents did. Instead, most are left hoping that their savings from […]