Ariel Frogge - Lendgo

HELOC

Everything You Need to Know About HELOC and Rental Properties

Property investment presents an excellent opportunity to generate passive income and expand the investment portfolio, but investing in a real estate property requires significant capital. Suppose you are interested in

Major Purchase

Co-signer Vs. Co-borrower

When someone is applying for a loan or credit, they may be asked to provide additional support to strengthen their application. Two standard options are to have a co-signer or

Home Loan

DSCR Loans: What Are They?

If you are a property developer or a realty investor searching for a simple and expeditious mortgage, the debt service coverage ratio or DSCR loans might be a practical choice.

Buying a Home

Buying Foreclosed Homes: Steps, Risks, and Potential Rewards

Purchasing a foreclosed home can be a smart way to save money on a property while at the same time supporting a community by preventing vacant homes from falling into

Home Improvement

ARV in Real Estate: How it Influences Home Purchase Decisions

Real estate investment has significantly evolved over the years, providing home buyers, real estate agents, and investors with numerous opportunities to capitalize on property value. One of the key concepts

Home Buying

Buying a Home in Pre-Foreclosure -Opportunities and Risks for Investors

Pre-foreclosure properties are becoming popular among savvy investors seeking a bargain in the market. But what is pre-foreclosure, and how can investors benefit from this unique opportunity financially? Are there

Buying a Home

Condo vs Co-op Mortgages - Key Differences and Considerations for Owners & Investors

When it comes to real estate, condominiums (condos) and cooperative housing (co-ops) are popular choices for homebuyers and investors. These two forms of shared ownership have distinct characteristics that can

Home Buying

APR Vs. Interest Rate

If you are searching for a home mortgage or using your credit card, you might bump into APR vs Interest Rate stipulations. Both indicate the borrowing cost and can significantly

Buying a Home

Mortgage Approval Stages: What Does 'Conditionally Approved' Mean?

Securing homeownership is a significant milestone in life. However, buying a home isn't easy. You must navigate several complex processes and make difficult financial decisions. Lenders have varying

Getting Started

Understanding Mortgage Contingency When Buying a Real Estate Property

If you're in the market for a new home, you've probably come across the term "contingency" in the context of real estate transactions. In

Home Buying

Everything You Need To Know About Short Sale Homes

If you want to invest and purchase a house and search to buy it at a lower price, consider short-sales homes. It is a safer option for sellers and lenders

HELOC

Pros and Cons of Home Equity Line of Credit (HELOC) for Homeowners

For many homeowners, the walls that protect and cradle our lives also hold a hidden treasure – home equity. Home equity is the portion of your home that you own. It

Home Buying

Seller Concessions

Purchasing a dream house might entail a complicated process for the seller and the buyer, where both are searching for ways to make the most out of their revenues or

Refinance

How to Refinance Your VA Loan With the Rate Reduction Program

A home loans already bring such benefits as lower down payments, no mortgage insurance, and low interest rates, but what happens when rates drop even lower? How can VA homeowners

Home Loan

What Is Endorsement in Insurance?

Do you have an insurance policy but are confused about what ‘endorsement’ means? Then this article is for you! Endorsement is a key concept of insurance policies, and it affects

Buying a Home

What Are Seller Concessions: A Comprehensive Guide for Homebuyers

In this article, we'll help you understand the concept of seller concessions, shedding light on what they are, how they work, and why they matter.

Getting Started

Understanding 7/6 ARM (Adjustable-Rate Mortgage)

For those interested in understanding what a 7/6 ARM is and whether it's the best option for their mortgage needs, this article explores the adjustable rate mortgage

Getting Started

A Comprehensive Guide to Assuming Someone Else's Mortgage

In the wake of some unfortunate situations, such as a divorce or death, transferring a mortgage to someone else is common practice during a sale. Even with outstanding payments, selling

Getting Started

How to Find Out Who Owns a Property: Your Comprehensive Guide

If you are wondering how to find who owns a property, you have come to the right place. Let’s go through the steps!

Getting Started

Everything You Need to Know About ARV (After-Repair Value)

We'll explain what ARV is and whether utilizing this option is right for you.

Home Buying

Real Estate Terminology: What Does Contingent Mean?

Let's help you understand the term contingent and provide a detailed analysis of its significance, implications, and how it can impact the buying and selling process.

Home Buying

Deed Restricted Community | All You Need To Know as a First-Time Home Buyer

Are you new to the concept of a deed-restricted community? We'd like to explain what they are, their benefits, potential limitations, and everything you need to know before considering living in one.

Buying a Home

5 Ways to Save for a Mortgage Down Payment

Here are five easy things you can do to save for a down payment on a new home.

Home Loans

The Most Common Mortgage Myths

Breaking down the most common mortgage and home loan myths and facts

Getting Started

Condominiums vs. Cooperative Apartments: What's the Difference?

We’ll take a deep dive into the world of condominiums versus cooperatives and let you choose which one would suit you best.