Five FAQs about Non-Qualified Mortgages

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Nickle City Mortgage works with a wide range of borrowers seeking to buy a home. Our Orchard Park, NY staff are standing by to help with any questions you have. This week, we are here to address some frequently asked questions we get for Non-Qualified Mortgages (also known as Non-QMs). Feel free to contact us… [Read More]

Self-Employed Mortgage Loans

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Nickel City Funding in Orchard Park, NY has helped a diverse array of buyers secure a home. This week, we are here to talk about a unique type of mortgage for people with non-traditional sources of income. This program is often referred to as a “Self-employed loan.” Recent loan guidelines aim to simplify the process… [Read More]

Doctor, Physician, and Dentist Loans

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Nickel City Funding is here to help Orchard Park, NY residents learn about a unique home financing tool for physicians and their families. Mortgages in this program are commonly referred to as “Doctor Loans” or “Physician Mortgage Loans.” Early-career doctors often use these loans. However, varieties of medical professionals—from Dentists to Veterinarians—have taken advantage of… [Read More]

Manual Underwriting Mortgages

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As the name implies, a manual underwriting mortgage is a type of home loan that is underwritten using a manual process, as opposed to an automated standard. Many people secure mortgages using automated review systems. A typical borrower with a high credit score and income can be processed quickly with an automated review. However, people… [Read More]

What are Portfolio Loans?

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Through its very name, a portfolio loan makes its function clear. Lenders who make this type of loan will keep it in their portfolio, and do not sell it. This is so they can earn the full loan interest. Some trends show that portfolio loans are usually made by a smaller bank or credit union…. [Read More]

Selling Your Home & Staging Tips to Maximize Price

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Many people have found that when they sell a home, staging a house will both reduce its time on the market and increase its price. However, simply staging a home alone will not bring you success. This is why we are here to help you understand some key tips to stage your home, and maximize… [Read More]

Five Tips for Fixing and Flipping Houses

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Nickel City Funding, Inc. in Orchard Park, NY is dedicated to helping people achieve the dream of gaining wealth through the real estate market. One way many investors accomplish their goals is through fixing and flipping houses. Today, we are here to share some key tips from the experts on fix and flips. Tip 1:… [Read More]

What is the 1003 Mortgage Application Form?

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The Uniform Residential Loan Application (also known as the 1003 Application) is the primary tool used in the mortgage process. It is the application form required for all mortgage purchases. You can obtain Fannie Mae Form 1003 to submit your application. The form was developed to help lenders assess your worthiness as a borrower. You… [Read More]

What Are Bank Statement Loans?

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With Bank Statement Loans—You Have Options Nickel City Funding Inc. in Orchard Park, NY helps local home buyers qualify for bank statement loans. This type of loan is a mortgage for people who may not have the means of proving income to qualify for a traditional home loan. For example, if you are self-employed or… [Read More]

Your Relocation Checklist

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Nickel City Funding Inc. in Orchard Park, NY has helped many families find the dream of homeownership. If you are seeking to relocate to a new home, we welcome you to reach out and ask for assistance. When you are preparing to relocate to a new home, it is important to research all of the… [Read More]