Financing Basics – History of Property Financing introductory context of real estate financing, focusing specifically on the historical conflict between lenders and owners and the resulting regulatory environment for consumer mortgages. The Adversarial Lender-Borrower Relationship in U.S. Real Estate 1. Historical Context and Adversarial Relationship The historical dynamic between property owners and lenders/mortgage holders has […]
Carryback Financing – the structuring, documentation, benefits, risks, and legal requirements associated with a seller providing financing to a buyer during a real estate sale. Overview and Structure of Carryback Financing Definition and Context: Carryback financing is executed when a seller extends credit to a buyer for the unpaid portion of the sales price, typically evidenced […]
The Tax Aspects of Financing : how interest payments, debt structure, and property sales are treated for income tax purposes, particularly concerning homeowners and sellers who provide financing. I. Homeowner Deductions (Mortgage Interest and Points) The federal government employs tax incentives to encourage homeownership, primarily through the deduction of mortgage interest. 1. Mortgage Interest Deduction (MID): Interest accrued […]
Originating and Underwriting Learning Center Everything you need to know to assist in originating and underwriting loans for sale to Fannie Mae This Learning Center page provides resources and training on originating & underwriting loans, Fannie Mae’s underwriting applications, and best practices to help you get the most out of Fannie Mae mortgage products, the Selling […]
Banks can help you get loans and credit cards. It’s important to have a good credit rating and to help other people get a good credit rating. See our financing section for Real Estate Investors.
FHA 203(k) Loans: A Complete Guide Summarize with Rocket Assist Feb 14, 2024 6-MINUTE READ AUTHOR: SCOTT STEINBERG An FHA 203(k) loan – also known as a mortgage rehab loan, renovation loan, or Section 203(k) loan – can be used to fund both a home’s purchase and renovations under a single mortgage. In effect, it allows […]