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
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.
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
North Carolina is a state of varied terrain including mountains, beaches, lakes, countryside, and big cities. Also the Tar Heel state has a variety of different borrower types. But a common request across ALL of NC is how to purchase a home with no down payme... Read More
Most banks and lenders will lend up to 80% or less on a construction to permanent scenario. But for borrowers in NC and SC, we have great options for building a new dream home. We combine the flexibility of an FHA loan with the benefits of construction financing.... Read More
Knowing Seller Paid Closing Cost Limits is Important Seller paid closing costs maximum limits for VA, USDA, FHA, conventional loans FHA, VA, USDA, and Conventional loans allow seller paid closing costs to a limit and it is important to know the limits Often buyers ... Read More
When can I get a mortgage loan after a short sale or foreclosure? Life brings about so many circumstances that can cause previous credit issues such as the economic downturn, medical costs, or losing a job. There is hope for a mortgage loan with time as listed belo... Read More
SC USDA Status for loan note guarantee SC USDA Status Hotline USDA loans are unlike other types of loans. Normally lenders underwrite a file without review from an agency. USDA requires an extra step after the lender underwriting process. Next comes the USDA... Read More
How to check the NC USDA status for loan approvals and USDA guarantee NC USDA Status Hotline USDA loans are unlike other types of loans. Normally lenders underwrite a file without review from an agency. USDA requires an extra step after the lender underwriting... Read More
We see this misunderstanding of condo versus townhome more than any other property types as a lot of listings will call the property a condo/townhome and there is no such thing. Understanding this difference between a condo and a townhouse is very important for bu... Read More
7 reminders to safeguard your purchase closing As soon as someone is interested in buying or refinancing a residential property and you are involved as a realtor, say these reminders over and over. The reminders are to reduce the chances of loan denial or delays in... Read More
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It is flat out guaranteed that if you Google any property address or real estate topic, Zillow will show near the top of the results. Arguably, Zillow.com has become the biggest name in real estate. Actually, many buyers start their home shopping process here or other sites such as Realtor.com, Trulia, or Homes.com. Over the […]
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Are you wondering how to start investing in real estate? Maybe you own a rental property already? So many choose residential rental properties for investment income for several reasons. These include potential appreciation in value, income tax write offs, funding retirement, and providing income along the way. In order to achieve real estate investing success there […]
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