Steven Porrello

Contributing Writer

Steven Porrello is a regular contributor at Anytime Estimate. When he's not writing about real estate and investing, Steven spends his time surfing, reading on the beach, and traveling.

Featured Published Articles

A 15–25% down payment is usually required for rental properties. But that number could be higher or lower depending on your credit score and debt-to-income ratio.
Learn how to protect yourself from rising mortgage rates — and how you may be able to snag a lower rate, even AFTER locking in.
To buy a HUD home, you need to first get a mortgage approval and a HUD-approved real estate agent. Then bid on homes in the HUD store. You have 15 days to inspect the property if HUD accepts your bid. Learn more.
The max DTI for an FHA loan is 43%, unless you have compensating factors like cash reserves, low expenses, or other sources of income.
A free FHA loan calculator for South Carolina to help you estimate monthly payments, including taxes, insurance, MIP, and interest.
A balloon mortgage is a home loan with initial low or no monthly payments, followed by one large lump sum payment at the end of its term.