Mortgage news and helpful tips

Yes, you can refinance a 2-1 buydown. When each loan type allows it, which rate the tests use, and where the unused buydown money goes, in plain words.

Yes, a Las Vegas condo can carry a DSCR loan. How dues sit in PITIA, the hotel test, reserves, lawsuits and the Nevada resale package, in plain words.

How a Kansas rental is taxed, what local mill levies and hail deductibles do to a DSCR ratio, and the state's deposit and eviction rules, worked with Wichita numbers.

DSCR loan in Massachusetts: why a Boston rental loses the seller's residential exemption, plus lead paint, deposit, eviction and short-term rental rules.

DSCR loan in Louisiana: the homestead exemption a rental loses, the insurance line that moves the ratio, New Orleans STR rules and Orleans recording costs.

DSCR loans in Mississippi: the 10 versus 15 percent assessment split that taxes every rental harder, worked on a real Southaven deal.

Portfolio loans for rental properties, worked against Fannie Mae's own counting rules. The conventional route stops at ten financed properties, your own financed home counts toward it, a fourplex counts as one, and crossing from four to five properties adds 13,941 dollars of reserves on the illustrative file below.

What credit score do you need for a DSCR loan? No agency publishes a minimum, so the score sets your loan-to-value ceiling and your price rather than deciding whether your income qualifies. Las Vegas arithmetic, checked line by line.

DSCR loan closing costs in Las Vegas, itemized on a 309,000 dollar loan. Clark County transfer tax at 2.55 per 500, recording at 42 dollars, and why no Loan Estimate arrives.

FHA, Fannie Mae, Freddie Mac and VA each count a student loan differently. All four rules worked on one balance, with 2026 Clark County limits.