Alisha Pagan

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Category: Investment

Why I Stopped Using Brick and Mortar Banks

Saving money is important, we all know that. By saving, we can purchase a home or investment property, by saving we can go on amazing vacations overseas without worrying that we don’t have enough money, and by saving we don’t have to worry about emergencies which may cause us to use credit cards or forgo…

16 Tips for the Really Green Real Estate Investor

It’s not rocket science, it’s not something that is unheard of, and it’s not some illuminati top secret that is withheld from the masses. We all know, that many of the wealthiest people in the world became wealthy through real estate investing. Many of these real estate tycoons started with just one property that grew…

The Battleground: The Rent vs Buy Debate

If you were to ask different professionals in the real estate world, it will end up being a heated debate, that’s why! There are so many pro buying and pro renters out there who will stick..

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1812 Bath Avenue
Brooklyn, NY 11214

M: (718) 930-0809

M-W and F: 8:30am-5pm
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Won’t you be my valentine’s @im_a_pagan 😘! . Happy Valentine’s Day y’all! . This amazing street art is by @jasonnaylor. Love it!!! He’s also looking for business owners with wall space to do more of these amazing murals!

There is a misconception for those who think that you can only put 20% down or get an FHA loan at 3.5%. Just so you know, there are other options out there! . FHA-of course I will go over this as this one is what most people know of but if you don't, it's the traditional mortgage of choice for first-time buyers. The Federal Housing Administration (FHA) offers government-insured loans with as little as 3.5 percent down. The most popular FHA loan option, the 203(b), is widely available from lenders across the country. You may qualify with a credit score of just 500, although there may be limitations on some condo purchases. . Home Possible from Freddie Mac–This program allows you to put between 3 and 5 percent down, as long as you intend to use the home as your primary residence, and don’t currently own or share ownership of another house. You’ll also need to complete a required homeownership education program online. . Conventional 97 from Fannie Mae–Just 3 percent down is enough to help you qualify for a Conventional 97, as long as you’re applying for a fixed-rate mortgage on a single-family home that’s less than $417,000. You’ll also need to participate in a homeownership education program, and at least one of the purchasers applying for the loan must be a first-time buyer. . HomeReady from Fannie Mae–Another option that requires as little as 3 percent down, HomeReady can also offer below-market interest rates. Additionally, this program allows non-occupant borrowers to apply. For example, parents can secure this type of loan for a young adult who’s just starting to establish credit. . Need help or have any other questions on purchasing your first place? Shoot me a DM!

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