US Sees Lowest Mortgage Interest Rates in 3 Years August 8, 2019 By Jay Hurst, Co-Founder of Hurst Lending & Insurance Even if you have a good rate on your current 30-year mortgage, every homeowner should be looking at their financial situation right now to see if a refinance of some [...]
How to Save & Make Money Buying a “Fixer Upper” as an Investment Property by Scott Bialek, Co-Founder of Hurst Lending In my first blog of this 3-part series, I shared a case study in which a bridge loan was the key to not only winning an edge over other buyers, but also [...]
Using a Bridge Loan to Win a Competitive Edge by Scott Bialek, Co-Founder of Hurst Lending People say I’m a problem solver because I’m constantly looking for ways to help real estate investors (myself included!) be more successful and overcome common stumbling blocks. In real estate investing, creative solutions can ensure success. When [...]
Want to use your short-term rental income to refinance your mortgage? Hurst Lending can include VRBO and Airbnb income when considering your mortgage refi qualifications. Historically, Short-Term Rental Income Could Not Be Considered When Qualifying for a Refi Refinancing your mortgage for a better interest rate can translate to big savings and [...]
Save Big with a Refi This Spring Interest Rates the Lowest in Over a Year Even if you have a good rate on your current 30-year mortgage, this month's low rates might mean that a refinance could save you serious money. Current rates for a 15 year fixed rate mortgage are hovering around 3.5% [...]
Buying a house doesn't have to be difficult if you are recently self-employed! Remember when lenders offered “stated income loans” for self-employed borrowers? Before the 2008 financial crisis, many lenders offered self-employed borrowers the ability to secure a loan with little or no proof of income. In the wake of the financial crisis, stated income [...]
Are you an Early Retiree who's ready to move? Should I take Money Out of My 401(k) To Purchase a New Home? In almost all cases, drawing from your retirement, or 401(k), account is not a good idea. Saving money through a 401(k) provides opportunities for tax breaks and employer contributions, but requires discipline [...]
Profitable Home Projects As homeowners, we’re fortunate enough to have a huge asset on our hands – our house! However, houses can also be incredibly costly if you skip essential repairs, or take on more than you can handle in terms of remodeling or projects. On the flip side, you can also add tremendous value to [...]
Saving for College As a parent you want nothing more than for your children to be successful, and an early step on that path is getting a college education. A study from a few years ago found that folks who have a bachelor’s degree earn 84% more money in their lifetime than their high school diploma holding [...]
Keeping Your Brain Fit One of the most attractive and entertaining things on the internet are the seemingly endless array of games. Whether you’re a sucker for Candy Crush, poker, old school arcade games or slots, they’re all at your fingertips 24/7/365. Recently, a new genre of game has emerged in the past few [...]
