Blog

Happy Halloween

All of us at Home Funding LLC would like to wish you and your family a safe and Happy Halloween. Thank you for being such a valued partner or client. All the Best, Home Funding LLC.

October 31st, 2018 Happy Halloween

What is a Reverse Mortgage?

In the past decade, reverse mortgages have gained a lot of traction as a retirement tool. And yet, many people still do not understand reverse mortgages or their purpose. If you are one of those people, here’s what you need to know: What Is It? A reverse mortgage is a loan that allows borrowers to pull equity out of their home without having to make monthly repayments. While there are some risks and downsides, reverse mortgages can be a helpful financial strategy for some retirees. How Does It Work? After being approved, the borrower gets either a lump sum from the bank or mo...

October 24th, 2018 | Reverse Mortgages, What is a Reverse Mortgage?

How to Qualify for a Mortgage When Your Income Isn’t Steady

Mortgage lenders love to see borrowers with consistent, steady incomes. But not all borrowers have jobs that send a paycheck every two weeks. Of course there are plenty of self-employed entrepreneurs, but there are also people who are depend on tips for income, those who get paid by contract and also individuals who work per diem or on call. All of these situations can make it very challenging to provide proof of the steady income that mortgage lenders adore.  Fortunately, those with more creative incomes can still qualify for a home loan and it is getting easier. For example, in recen...

October 10th, 2018 | Purchasing a Home, Conventional Loans, How to Qualify for a Mortgage When Your Income Isn’t Steady

Sanjeev Ahuja - Mortgage Broker or Lender at Home Funding LLC

NYS Registered Mortgage Broker, Department of Financial Services, loans arranged thru 3rd parties. (NMLS#: 885573)

Advertised fee waivers available only on agency loans that are funded. Fees waived from broker compensation listed in Good Faith Estimate as Origination Charges.

We do not accept any online applications.