Building a new home is exciting. For a buyer to use a VA home loan on new construction, there must be a VA approved builder. Although VA builder approval is required, it is not a daunting task. If a builder is going to sell a home to military or veteran buyers,... Read More
Low down payment options for today’s buyers is a popular concern among other areas. In this series, we are providing tips to avoid the Most Common Roadblocks to Home Ownership. So far in previous weeks, we have discussed how to solve Limited or bad credit ... Read More
Veterans and service members have access to unbeatable financing called a VA loan. Where VA eligible buyers run into problem sometimes is building a new home. Finding VA construction loans is very difficult today and most lenders require 20% down payment or more.... 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
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
Check Out The Latest
- Mortgage Denied Because of Employment History? We Have SolutionsAugust 17, 2017 - 7:53 pm
Capacity, credit, collateral, and capital are considered the 4 C’s of mortgage lending. Basically, these are the main areas lenders review to qualify a borrower. But these 4 categories are broken down into many subsets. This article is going to discuss the capacity to pay back the loan and more specifically discuss the role of […]
- VA Loan Includes Condo Approval, Raised Credit Score, High Debt Ratio, Paying Off DebtsAugust 11, 2017 - 6:58 am
Individually, these areas mentioned in the title are great advantages of VA home loans. But what if all of them happened on the same purchase? Well, they did and we closed it! So, we bring understanding VA home loans to another level. Check out some of the things we were able to accomplish for a […]
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