Foreclosure Pitfalls and How to Avoid Them
In an ideal world, borrowers would never default, and lenders could avoid the time and expense of foreclosure. Of course, defaults do...
top of page
FIRST FUNDING BLOG
Search
jfennimore
- May 16
- 1 min
Old School Rules: Getting Back to Lending Basics
In today's market, your sales/ origination team needs to be the front line of defense. They must have a deep understanding of guidelines...
jfennimore
- Apr 27
- 1 min
2023 Housing Market Forecast and Predictions: Homebuying Costs Aren't Coming Down
After being overwhelmed in the housing frenzy of the recent past, homeowners, sellers, buyers, and renters may be underwhelmed in 2023....
jfennimore
- Apr 13
- 1 min
How Local, Low-Volume Investors Outperformed iBuyers in a Down Market
Led by tech and venture capital-fueled upstarts coronated as iBuyers, home-flipping profits plummered in the second half of 2022 as the...
jfennimore
- Mar 30
- 1 min
Is the U.S. Tipping Into a Recession? The Answer Will Determine the Direction of the Housing Market
Rated 5 out of 5 stars.
(1)Whether the nation is in a recession, hurtling toward one, or will narrowly avoid it altogether, whatever is going on in this uncertain,...
jfennimore
- Mar 14
- 1 min
The Demise of Silicon Valley Bank
The Rapid Collapse of the 16th Largest Bank in America Silicon Valley Bank was set up in 1983 to service the burgeoning tech ecosystem...
jfennimore
- Mar 2
- 1 min
The Great Slowdown: The 10 U.S. Cities Where Home Sales Are Down the Most
The list of metropolitan areas where existing-home resale transactions have declined the most was derived from CoreLogic sales data,...
jfennimore
- Feb 23
- 1 min
The Strange Game of Chicken Happening Between Homebuyers and Sellers: Who Will Blink First?
The real estate game is at a stalemate that shows no signs of budging anytime soon, with neither buyers nor sellers willing to make the...
jfennimore
- Feb 14
- 1 min
6 Ways to Mitigate Loan Risk
There are a lot of levers you can pull to mitigate risk, including changing terms to offset the risk of a loan. Risk tolerance is less...
jfennimore
- Feb 7
- 1 min
Understanding 4 Big Construction Risks
Construction lending comes with a lot of risks, so fully understanding those risks is an essential part of every lender's job. Expecting...
jfennimore
- Jan 24
- 1 min
Beyond Capital: Lenders Can Help Investors By Providing Expertise
A real estate loan investor will likely want to make improvements to any recently purchased property to increase its potential income....
jfennimore
- Jan 19
- 1 min
Wire Fraud in Real Estate Transactions
In 2021, losses from cybercrime in the real estate/rental category reached $350,328,166 according to the latest FPI Internet Crime...
jfennimore
- Jan 9
- 1 min
What a Market Downturn Means for Real Estate Investing in 2023
As the housing market transitions quickly from frenzy to flatline, here's what real estate investors can expect and how they can adjust...
jfennimore
- Dec 22, 2022
- 1 min
DIGGING INTO NEW CONSTRUCTION FINANCING
As existing inventory continues to diminish, and profit becomes slimmer on flips, knowledgeable investors across the United States are...
jfennimore
- Dec 13, 2022
- 1 min
FORECLOSURE CASE STUDY: UNPREPARED BORROWER ILL-EQUIPPED TO HANDLE PROJECT
The borrower purchased the property from a private seller for $260,00 and planned to renovate it for $40,000 with expected time of 90-120...
jfennimore
- Dec 1, 2022
- 1 min
How Renovated Foreclosures Stabilize Communities
According to an analysis of proprietary data from Auction.com and public record data from ATTOM Data Solutions, foreclosure properties...
jfennimore
- Nov 17, 2022
- 2 min
How to Flip a House in 6 Steps: House Flipping 101
House flipping entails purchasing distressed properties, renovating them, and reselling them for a profit. You will typically find these...
jfennimore
- Nov 8, 2022
- 2 min
4 Reasons to Choose Hard Money Lenders Over Banks
Looking for hard money lenders that offer personal loans for your next real estate investment? When times are hard and cash flow is a...
jfennimore
- Mar 2, 2021
- 2 min
Top 3 Loans for Flipping Houses
Looking to flip a house but not sure where to get the financing? When you work with a hard money lender like First Funding Loans, you can...
jfennimore
- Feb 24, 2021
- 2 min
Tips to Find the Right Loan Provider for Your Mixed Use Property
Mixed-use properties are composed of multiple units zoned for different purposes such as residential, commercial, industrial and...
bottom of page