What are Fix and Flip Loans? Fix and flip is a term used to refer to purchasing a property and renovating or rehabilitating it for quick resale. Fix and flip loans are a popular option for residential real estate investors. A fix-and-flip loan is a financing option for real estate investors who buy properties intending …
The benefits of homeownership: shielding yourself from inflation
Buying a home is a big decision that comes with a significant financial commitment. While both options have pros and cons, one factor makes homeownership an attractive choice: protecting homeowners from inflation. As we all know, the cost of living tends to increase over time, especially in major cities. However, owning a home can provide …
How to save money with a VA loan
Buying a home can be a complicated and expensive process, especially if you’re a first-time home buyer or a Veteran. Fortunately, if you are a Veteran or a surviving spouse of a Veteran, you might be eligible for a VA loan. With a VA loan, you can purchase the home of your dreams with zero …
MEP’s Rate Protection Program is a win-win for borrowers!
Get off the sidelines and look for your new house! Homebuyers are on the fence today about whether to enter the market or stay put. First-time homebuyers who are still renting hope rates and prices will come down. Now that we are entering the spring homebuying season and none of those things have happened, lenders …
Who are the best mortgage lenders?
What are the different types of mortgage lenders While there are limited properties to purchase in today’s real estate market, homebuyers have options for mortgage providers. So how do you find the best mortgage lenders near you? Well, there are many choices to consider when obtaining home financing. Here is a quick breakdown of the …
First Responders Program @MEP
Our First Responders Program provides a $500 credit for closing costs! Our First Responders Mortgage Program provides a $500 credit for closing costs to purchase a new home or refinance your current home. Our program is designed to directly improve the lives of our first responders, who do so much to serve others. This is …