If you’re a developer or investor looking to finance a multifamily or residential project in Michigan, the Michigan Pass-Through Bond Program through MSHDA may be a valuable option. Here’s what you need to know: 1. How it works: 2. Types of financing: 3. Program limits and timing: 4. Project requirements: 5. Why it matters for..
Category: EB Mortgage
Selling a commercial property is a multifaceted process that demands careful planning and execution. Given the current economic climate, you might be wondering if it’s the right time to sell. This article provides a comprehensive guide to the essential steps in selling a commercial property, helping you secure the best possible price. Step 1: Make..
In the first quarter of 2025, commercial and multifamily mortgage debt outstanding rose by $46.8 billion, an increase of 1.0%, reaching a total of $4.81 trillion, according to the Mortgage Bankers Association (MBA). The rise was largely driven by a $19.9 billion increase (0.9%) in multifamily mortgage debt, which grew to $2.16 trillion. Despite a..
For over 80 years, VA home loans have empowered countless Veterans to achieve homeownership. Despite the program’s extensive reach, many eligible Veterans remain unaware of its full scope. Understanding VA Home Loans VA home loans, facilitated by private lenders like banks and mortgage companies, offer Veterans, Servicemembers, and eligible surviving spouses a unique guaranty benefit…
As a real estate investor looking to scale your rental property portfolio, it’s crucial to find financing options that make it easier to manage your growing business. DSCR (Debt Service Coverage Ratio) portfolio loans are an excellent solution for investors who want to consolidate their properties into one manageable loan. These loans not only simplify..