Our Mortgage Banking Blog

Unlocking Financial Freedom: The Wise Capital Mortgage DSCR Loan Introduction: In the dynamic landscape of real estate investment, Wise Capital Mortgage stands as a beacon of financial empowerment, offering a specialized financial tool designed to meet the unique needs of savvy investors – the Debt Service Coverage Ratio (DSCR) Mortgage Loan. This innovative product is…

When it comes to financing a fix and flip project, traditional methods like conventional loans may not always be the best option. This is where hard money and alternative loan programs come in. These types of loans are specifically designed for real estate investors who want to purchase, renovate, and sell a property for a…

Investing in real estate can be a wise financial decision, but it can also be overwhelming, especially when it comes to financing. Understanding the various types of loans available for investment properties is crucial. One type of loan that you may have heard of is the DSCR loan. Despite its growing popularity, many investors are…

Rent Vs Own- What Home Living Situation Is Right For You When looking at renting VS buying a homes there are many factors to consider and this a guide to help with the decision making process. Buying your first home is a huge investment, it doesn’t mean just a financial decision.    You may have…

People ofter wonder what type of mortgage loan would be better as a first time home buyer.  It all really depends on the individual scenario and as an individual you need to take multiple factors into consideration.   The main considerations to review would be things like- Credit Score Requirements, Mortgage Insurance Differences, Down Payment Differences,…

First Time Home Buyer Programs Portland, Oregon Both FHA and Conventional lenders are now lending with minimal down payments to help people purchase homes as a first time home buyer.    FHA offers a 3.5% down First Time Home Buyer Program.    Conventional lenders wanted to match FHA programs and now have a 3% down…

Americans See Home Affordability Conditions Improving Last year’s housing market had its challenges for sure. Though there was plenty of interest from home buyer, too few homes for sale, rising interest rates, and high prices dampened some of the enthusiasm. Now, according to the recent Home Purchase  Index from Fannie Mae, Americans are feeling more…