The latest posts and resources from the Loan Cabin Team
Resources
Unlocking the Secrets of Mortgage Refinancing: When Is It the Right Time?
Over the past few years, describing the global financial landscape as stable would be a massive misrepresentation. The repercussions of the pandemic, particularly the escalation of interest rates, have profoundly impacted the realm of property …
Understanding Fix and Flip Loans: A Beginner’s Guide
Fix and flip loans are a specific type of real estate financing designed for buying and renovating distressed properties for resale. If you’re an investor aiming to transform a rundown property into a lucrative investment, …
Master The Path to Homeownership: Securing a Mortgage with a Low Credit Score
Obtaining a mortgage with low credit can be challenging, but it is not impossible. For those aspiring homeowners with low credit ratings, there are still viable pathways toward financing that can turn their dream of …
How to Get a Mortgage Without an Employer: A Guide for Self-Employed, Freelancers and New Immigrants
Applying for and securing a mortgage without traditional employment can be an uphill battle. Lenders often perceive borrowers without a steady paycheck as a higher risk. With the growing gig economy and shift towards freelance …
Multi-Family Home Loans: Strategies for Real Estate Investment Success
If you’re drawn to the vibrant world of real estate, you’ve heard of multi-family properties, ranging from duplexes to apartment buildings. How do you finance these ventures? The answer lies in multi-family home loans. Tailored …
Investment Property Loans: Everything You Need To Know
Unlock the power of wealth-building through real estate with investment property loans, your secret weapon for buying, refinancing, or sprucing up properties to earn a robust income. Imagine dipping your toes into a diverse pool …
Commercial Mortgages: 5 Essential Insights You Need to Know
Commercial mortgages are an essential part of buying and developing properties for businesses. They are the special loans that companies or investors use to purchase or refinance properties like shops, office buildings, hotels, or factories. …
Hard Money Loans: Everything You Need to Know
Hard money loans are a vital part of real estate financing, acting as a quick financial resource for developers and investors. These short-term, asset-based loans are provided by private lenders. They are specifically designed to …
Title Insurance: Safeguarding Your Homeownership Investment and Protecting Your Property Rights
As a homeowner, you are likely familiar with title insurance and its importance in protecting your property rights. It is a crucial safeguard, providing you and your lender protection against unforeseen issues that may have …
Understanding Fixed-Rate and Adjustable-Rate Mortgages: Your Guide to Successful Home Financing
The complexities of home financing can often seem daunting, especially when choosing between a fixed and adjustable rate mortgage. Fully appreciating the unique characteristics and differences between these two primary types of mortgages is instrumental …
What Is a Mortgage Pre-Approval?
A mortgage pre-approval is an incredibly useful process that helps you get the home you want! When you apply for pre-approval, your lender will review your finances and determine exactly how much they can lend you …
What Does a Mortgage Loan Underwriter Do?
Do you fear the underwriter when you’re applying for a mortgage? Most people do, but they shouldn’t. The underwriter holds the key to your loan approval. He/she has the power to approve or deny your …