If you can afford to save for a down payment on a new home, this is a great way to get better mortgage interest rates. The team at Preferred Capital Funding in Conyers, GA is here to help you find your dream home and save up for your down payment. In this week’s blog post,…

Many entrepreneurs, contractors, and other self-employed households have enormous potential to buy a home. The problem is, some of their income may be more difficult to show in the mortgage underwriting process. Some lenders offer non-traditional underwriting using less common financial documentation. It is important to gather and review your financial documents for any business…

If you are not happy with some of the features in your home or need energy upgrades, then research the Inflation Reduction Act for ways to save. You will need to look at what you need to do to save on energy bills. For instance, do you want solar on your home to save on…

The U.S. Small Business Administration (SBA) lending program has many opportunities through which to grow your business and finance your expansion needs. SBA programs help ensure that small business can access similar competitive rates and programs that larger companies can leverage. Typically, you can get a favorable fixed rate. Preferred Capital Funding is here to…

If you have decided that you are ready to become a homeowner, and are trying to determine the best type of mortgage for your situation, you may want to consider a conventional loan. Conventional loans are an excellent financing option that offer excellent terms and rates and are insured by private lenders. If you are…

When you buy a property, one major factor that determines the amount of money you will spend overall and what you will spend on your monthly mortgage payments is the type of mortgage rate you choose. A fixed rate mortgage has an interest rate that remains the same throughout the duration of the loan, and…

Are you interested in investing in a property, and trying to determine what your best options for financing may be? Depending on your circumstances, there are two unique loan options available that could help you finance a property; a hard money loan and a wholesale commercial mortgage. If you are located in Conyers, Georgia, and…

Many people are under the impression that they may not be able to qualify for a traditional mortgage for certain reasons such as unsatisfactory credit or having non-traditional sources of income, however, there are certain types of unconventional loans available to borrowers who may have less than ideal credit or different types of income verification.…

Investing in a short-term rental property can be an excellent way to boost your income, and it can also offer you and your family a place to vacation when it is not occupied. Websites like Airbnb and VRBO make it easier for investors to advertise and rent out a property for shorter stays, making short-term…