Abandoned UST Issues Explained UST sounds like a disease, doesn’t it? Although, it can cause major issues on a purchase. Therefore if a buyer uses a VA or USDA loan and the property has an abandoned UST, read closely. Usually, the appraisal or the purcha... Read More
Team Move Blog
Our team experiences so many scenarios in working with buyers, builders, realtors, and others so we have created this informative blog to help you find answers to your mortgage questions or scenarios.
credit report errors can be avoided by reviewing your credit annually Errors on your credit report can be fixed Since everyone is a number these days when it comes to credit, it is important to make sure that you have a good one. You should review your credit at le... Read More
Manufactured homes & doublewide foundation guidelines Manufactured Home Foundation Requirements Lenders and agencies require that a structural engineer perform a foundation certification. When considering the purchase or refinance of a manufactured home, lenders ... Read More
For many, buying a home is considered the American dream. But sometimes there are roadblocks to homeownership. Well our site is designed to break through those roadblocks and provide solutions to home buyers. A common occurrence primarily in young, first time b... Read More
Rent Free Options Explained It is very popular these days for people to move back in with parents. Additionally, many even live with other family members or friends. Therefore these buyers cannot prove an on-time housing history. This is called a “rent f... Read More
Maximum income limits for low down payment mortgage programs like 97% MyCommunity and USDA 97% MyCommunityMortgage Maximum Income: Based on household income of everyone 18 and over. Household income means anyone who will live in the household, whether on the mort... Read More
With the updates that USDA Rural Development recently made, they are being more strict on the amount of credit experience a borrower has. While the USDA program does not have a minimum score requirement, it does have a minimum trade line requirement (Even though US... Read More
Military BAH Housing Allowance Rates Around Any Bases In The US What is my BAH Pay Rate in…? Members in the military receive Basic Allowance for Housing (BAH) which is a U.S. based allowance prescribed by geographic duty location, pay grade, and dependency st... Read More
USDA properties in eligible and ineligible areas in NC In North Carolina, eligible rural areas for USDA housing programs will be adjusted in certain areas on February 2, 2015. New ineligible areas will include: Areas adjacent to the current ineligible area of Jackson... Read More
Building a home is a dream for so many, but keep in mind that in many ways there are many more steps compared to buying an existing home. A construction loan process for stick built and modular homes has a lot moving pieces. In addition, building a home has so ... Read More
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- 2018 FHA Loan Limits Increases Homeownership Opportunities for BuyersDecember 8, 2017 - 11:37 am
After the recent announcement of the conforming loan limits increase, FHA has now announced their own increase. Housing prices have continued to climb which is a good thing to owners, but can be a struggle for home buyers. As a buyer sits on the sidelines as a renter or living with family, prices are rising. […]
- 6 Reasons to Get Your Certificate of Eligibility Before BuyingDecember 8, 2017 - 6:30 am
In order to get a VA loan, it is important to make sure that the Veteran is first eligible for VA. Often, we are able to get the VA Certificate of Eligibility for the Veteran within a couple minutes online. But, there are times that this information is not available online. Therefore a Veteran has a […]
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