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Fannie Mae 2022 rules for Student Loan payments are calculated in your debt to income ratio

Fannie Mae: Lender must include a monthly payment in the borrower’s recurring monthly debt obligation, using one of the options below to determine this amount: 1% of the outstanding balance The actual payment listed on the credit report A calculated payment that will fully amortize the loan(s) based on the documented loan repayment terms. Loans that …

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market update for buyers

If you pay attention to the media and real estate, they will tell you about slowdowns because of interest rates going up and other stuff. Not in California. It’s getting worse. The supply is not changing. But the supply of buyers is still going up. Even if you think prices are high, there are plenty …

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The ARMs are Back!

Why a 30 year fixed is the wrong mortgage for you. In the last few weeks, long-term mortgage rates have risen. The experts see a slowdown in the housing market. The culprit? The 30 year fixed rate. The stalwart of the mortgage business for a long, long time. This is the entry point for Americans …

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The office may be gone but commercial real estate lives on.

Commercial real estate is everything, not residential 1-4 unit owner and non-owner homes.  That’s a lot.  If you’ve been following either the company on Twitter or me, you would know that I am begging developers to look into converting office space to residential.  It’s a DUH move.  Solve your housing crisis.  You can go from …

The office may be gone but commercial real estate lives on. Read More »