Definition of ‘Assets’ on Loan Application Form 1003
Assets refer to a wide variety of items you own that have a monetary value.
Learning Lab / Category: Refinance
Category: Refinance
What is an Escrow?
Escrow refers to a financial account in which the funds are managed by an intermediary like a law firm or dedicated escrow company on behalf of the two parties committed to a dealing or transaction.
Couple in Their 70s Refinances Their Existing Investment Property To Release Cash.
A married Singaporean couple in their early 70s living in Singapore with a small portfolio of U.S. investment property.
What is an Appraisal – and how is it used in a mortgage?
An appraisal is simply an ‘official’ assessment of a property value.
U.K. Citizen living in Hong Kong expands his U.S. Real Estate portfolio with only 35% down using only the income generated from the property.
The Client Our client is a British Marketing Director living in Hong Kong. He owns 15 small properties in the Atlanta area and wanted to add to his holding in U.S. real estate. How We Helped The client needed to release equity from two of his existing properties in Atlanta to get the down payment […]
Capitalization Rate or CAP rate – What is it, and how is it used?
In short, a CAP rate on a commercial property is simply a way for investors, lenders, and other real estate professionals to quickly see the strength of the subject property and the likely one year
U.S. entrepreneur living in Sydney refinances his home in Portland, Oregon.
Our expat client traveled to Sydney after university and met his current wife and has been there ever since.
Bubble In The U.S. Housing Market? We Don’t Think So, And Here’s Why.
Is there a bubble? Through the first half of 2018, existing-home sales are down slightly by 2.2%, while new home sales are ticking up 7.4%. Home prices continue to increase by 5%. Distressed property sales have fallen to historic lows, making up only 3% of total sales in recent months. The one area of concern […]
U.S. portfolio manager in London refinances his Chicago condo to lower his payments.
Our client was referred to us by a friend of America Mortgages.