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Rental Property Mortgage: A Complete Guide

Investing in rental property can be a lucrative financial decision for those with the resources to do so. However, one of the critical factors in successfully owning a rental...

Mortgage Rates Rising!

ByBlake Mortgage / March 7, 2023 /

Mortgage rates have spiked up to almost 7%, the highest level over a decade, causing concern among homeowners and potential buyers alike. Inflation is a crucial factor...

“No Cost Loan?” There’s No Free Lunch!

ByBlake Mortgage / March 7, 2023 /

Over the years, lenders have marketed a specific type of loan generically known as a “No-cost loan.” There is no free lunch! What do I mean by that? First, there...

Bank Statement Loans for The Self Employed

ByBlake Mortgage / February 28, 2023 /

In recent years, bank statement loans have become increasingly popular as an alternative form of financing. This type of loan is for those who may not meet traditional lending...

What is DSCR or Debt Service Coverage Loans?

ByBlake Mortgage / July 23, 2022 /

Do you need DSCR or Debt Service Coverage Loans? People often ask if real estate investments are still the best way to grow wealth, especially with various other investment...

What is a Cash Out Refinance?

ByBlake Mortgage / July 23, 2022 /

Paying for your dream home with a mortgage frees up your money for other things and builds your credit score and equity. You don’t have to wait years while repaying your...

Global Events And Their Impact On Commercial Loans

ByBlake Mortgage / July 15, 2022 /

According to the National Center for the Middle Market, a medium-sized business generates annual revenues between $10 million and $1 billion. These companies account for...

7 Lessons to learn in Home Buying on a Shoestring Budget

ByBlake Mortgage / February 25, 2022 /

Being on a shoestring budget shouldn’t hinder you from achieving your property ownership goals. With a few tips and compromises, you can still attain a property that you...

Top 5 Loan Options You Would Need In 2022

ByBlake Mortgage / January 20, 2022 /

Loans remain to be a powerful financial tool for growth. Whether it is to finance your personal needs or boost your small business, loans are there to help you achieve your...