Did you know that a Veteran can purchase a condo as a primary residence at the beach? VA approved myrtle beach condos are plentiful and offer a great, relaxing lifestyle. As of today, there are actually 49 approved condominium complexes in Horry County, SC. ... 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.
Retired with new income distribution from retirement account Did you know that a retired borrower can use a new distribution of income from a retirement account as qualifying income for a mortgage loan as long as the income from the asset should continue for at least... Read More
Mortgage Rates for VA, FHA, USDA, Conventional Mortgage Loans Keep in mind that there is not just one or two rates for all scenarios so when someone asks “what’s your 30 year fixed rate?”, there is no all-encompassing rate. There are so many facto... Read More
How to have perfect credit for best rates and approvals As we always say, nowadays everyone is a number so you might as well have a high one! Tips for getting that elusive perfect credit score: If there is one thing that we go over most in a day is educating borrowe... Read More
Low down payment jumbo loans Jumbo mortgage loans over recent years have been more conservative than other loans. Although we have some low down payment solutions for today’s luxury home buyer. The improvement in the US economy has really helped increase the... Read More
FHA already has the reputation of being a forgiving and flexible home loan. But many lenders actually place higher limits on the minimum credit score for FHA loan files. The Federal Housing Administration allows lenders to use good judgment in determining loan ap... Read More
Not every service member or Veteran has perfect credit or an 800 credit score. Actually a very small percentage of Americans achieve this score. Luckily VA loans are reasonably forgiving when it comes to credit scoring. Therefore this flexibility along with t... Read More
How to get a USDA home loan with limited credit on your credit report Limited Credit and Looking for No Money Down? We just recently closed a USDA loan for a buyer that only had one credit trade line reporting on the credit report. The buyer had 3 credit scores with ... Read More
Self employed and denied a mortgage because of “mortgages and notes due in less than one year”? A little known number near the back of a borrower’s business tax returns that can cause a huge issue with a mortgage loan approval is “mortgages, n... Read More
Maybe we are biased by living and working in the area, but Brunswick County offers such variety on the coast of NC. Just a quick look will see the facts prove it true though. Choices include living at the beach, championship level golf communities, peaceful isla... Read More
Check Out The Latest
- See How the USDA Guarantee Fee Stays Low for 2018 to Help Home BuyersSeptember 27, 2017 - 7:50 am
Homebuyers received great news about the USDA Rural Development guaranteed loan program! In 2017, USDA drastically reduced the guarantee or funding fee they charge upfront on USDA loans, plus lowered the annual fee also. So the great news is that the USDA guarantee fee 2018 (also often referred to as a USDA funding fee) will remain at […]
- Gift Letter for Mortgage: Requirements for Who, What, and How MuchSeptember 21, 2017 - 7:16 pm
Buying a home is the American dream for many and there are a lot of programs available to accomplish this dream. But what happens when the buyer needs a little extra funds in order to purchase? That is where a gift can be very beneficial. Although it is important to understand gift requirements such as […]
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