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About Sherry Riano Team

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So far Sherry Riano Team has created 3 blog entries.

Closing on a home for less than it costs to go out to eat

If you’ve been through the loan process in the past or seen the occasional online ad for mortgages, you’re probably aware that there are 100% financing programs available for people with limited down payment funds. But even with a VA or Rural Development loan at 100%, you may still have to come up with thousands of dollars at closing to pay for appraisal, title fees, title insurance, escrows, etc. So if you don’t have say $3,500 (or so) for closing costs, can you still buy a home? Here’s a little story... One of our recent borrowers applied for and was [...]

By | 2017-12-19T00:45:39+00:00 November 14th, 2017|VA|0 Comments

Buying a home after losing almost everything

Every once in awhile we have a person or family come into our life who makes us feel grateful for whatever we’re struggling with on a given day. We know it almost right from the beginning. As soon as they start to tell us about their dreams of homeownership, the tissues and tears start to flow. Such was the case with some recent borrowers of ours who were referred by one of our realtor partners. These poor folks had lost almost everything. Almost. Within the last few years, one of their children passed away after a long and drawn out [...]

By | 2017-11-21T23:20:29+00:00 November 7th, 2017|FHA, Mortgage|0 Comments

3 Ways That a Reverse Mortgage Can Transform Your Retirement

Are you a retired individual looking for ways to increase your financial security? If so, you may have heard of a home equity conversion mortgage, more commonly known as a reverse mortgage. Used correctly, this is one of the most effective financial products for retirees who own their home. Let’s explore three ways that a reverse mortgage can help to transform a dull retirement into one filled with excitement. It’s All About Flexibility The primary benefit that one receives with a reverse mortgage is financial flexibility. It is an excellent way to tap into the equity that has built up [...]

By | 2017-12-19T00:47:15+00:00 November 3rd, 2017|Reverse Mortgage|0 Comments