The Deep Dive in Home Finance Podcast

Mortgage Matters: Navigating Fannie Mae and Condominium Insurance

This presentation on project insurance, specifically focused on meeting Fannie Mae requirements. It focuses on reviewing property insurance policies, verifying that they comply with replacement cost coverage and that deductibles do not exceed allowed limits . The differences between replacement cost coverage and replacement cost value (RCV), the importance of the named insured ( whether it is the HOA, the builder, or a different entity ), and the specific flood insurance needs for attached projects are explained. Finally, it addresses additional required coverages, such as inflation protection and building ordinances , depending on the type of project (condominiums or general projects). The main objective is to ensure that the property is adequately insured to protect the owners and comply with Fannie Mae regulations.

Guía para quienes compran una vivienda por primera vez en Nueva Inglaterra

Este episodio del podcast, "Explorando el mundo hipotecario", guía a los compradores de vivienda por primera vez en Nueva Inglaterra a través del proceso. Abarca las cuatro C de los préstamos hipotecarios (capacidad, capital, garantía y crédito) y explica cómo aprovechar los programas de asistencia para el pago inicial. El episodio detalla el proceso de compra de vivienda paso a paso, brinda consejos específicos de Nueva Inglaterra sobre cómo navegar por las viviendas antiguas y las fluctuaciones estacionales del mercado, y ofrece recursos para una mayor preparación. Por último, enfatiza la importancia de mejorar las calificaciones crediticias, ahorrar para el pago inicial y encontrar un equipo calificado para ayudar en el proceso.

New England First-Time Homebuyer's Guide

This podcast episode, "First-Time Homebuyer’s Class for New England," guides listeners through the process of purchasing a home in New England. It focuses on the four key elements lenders consider—capacity, capital, collateral, and credit—and explains how down payment assistance programs can help overcome financial hurdles. The episode also provides advice on navigating the New England real estate market, including seasonal considerations and the importance of home inspections. Finally, it emphasizes the need for homebuyer education and partnering with knowledgeable professionals.

Exploring New England First time Home Buyer with Tommy Bolduc

This podcast episode provides a comprehensive guide to first-time home buying in New England. It focuses on the four key factors lenders consider—capacity, capital, collateral, and credit—and explains how to improve each. The episode also highlights the availability of down payment assistance programs to alleviate the financial burden of a down payment, dispelling the myth of needing 20%. Finally, it offers advice on navigating the unique challenges of the New England real estate market, including older homes and seasonal variations.

Downpayment Assistance Programs

This presentation outlines down payment assistance (DPA) programs in Massachusetts, New Hampshire, and Rhode Island for low-to-moderate income homebuyers. Various programs are detailed, including grants and loans with varying interest rates, income limits, and eligibility requirements. Specific programs are categorized by state and type (e.g., MassHousing Workforce Advantage, FHA loans, conventional options). Potential challenges to obtaining DPA are also addressed, such as exceeding income limits or insufficient credit scores. Finally, the presentation provides a list of cities and their respective DPA amounts and steps for clients to obtain assistance.

Dive Deep Buying a Mixed Use Property Using an FHA Loan

How to buy A Mixed Use Property Using an FHA Loan