Category: Blog
Tax Season Tips from Vision Financial Group
Here are some links to tips for your returns this year courtesy of Vision Financial Group CPAs LLP: Real estate deductions in NJ Best time to file your taxes Tax audits risks Check out Vision Financial Group CPAs LLP
Northstar Funding Makes Financing Easier for Condo Owners with FHA
Northstar Funding is now offering FHA financing on individual condo units. Under the updated guidelines which took effect on Oct. 15, 2019 – an individual condo unit in a building of 10 units or more may be eligible for spot approval if 10% or less of the units are FHA-insured. For units in buildings with f
Guideline for Cash Deposits
Really interesting guideline for cash deposits. The borrower can deposit less than 50% of their total monthly income in cash and they won't source it. • Large deposits are considered to be a single deposit where any unsourced portion of thedeposit exceeds 50% of the combined gross monthly income of the
New credit score claims potential to cut defaults by up to 17%
FICO is launching a new version of its credit score this summer with an enticing benefit for lenders. The credit analytics firm says that its FICO Score 10 Suite has enhanced predictive power and the most comprehensive data available that means a lender could cut defaults by as much as 10% for newly originated ba