You know those furniture store signs “Out for your business”? Well, Fannie Mae is out for your business! This year there has been a consistent flow of updates coming from Fannie Mae. Plus there are more coming! Most of these include loosening of i... Read More
Buying a home is the American dream, but sometimes there are hurdles making ownership a struggle to many. Down payment, higher debt ratios, and credit requirements make buying a home difficult at times. Many are familiar with the benefits of an FHA, VA, or USDA... Read More
FHA loans are well known for helping buyers obtain a very affordable house payment. Well FHA, one of the most popular loan programs, just became even cheaper because HUD lowered FHA PMI rates for the 2nd time in 2 years. The Federal Housing Administration will... Read More
FHA PMI or MIP has been in the news in big ways over the last 3 years. There have been enhancements which helps buyers achieve home ownership easier. Plus the payments are more affordable. Recent Changes in FHA Costs The Federal Housing Administration decided in ... Read More
We continue to hear threats of axing the mortgage interest and PMI tax deductions. So what is the latest? Low to Middle level taxpayers take their tax deductions seriously and want everything possible that will lower their tax burden or better yet, increase their ... Read More
We were asked recently “Do you have any decent programs for second home buyers?” and the quick answer is “Yes, there are a lot of creative ways to finance the purchase of a second home”. These financing options include purchase loans ... Read More
Lender Paid PMI or LPMI is a great way to potentially lower a home loan monthly payment. Let’s face it, everyone wants as low of a mortgage payment as possible! No one says give me the biggest payment you can, right? Well, one solution for receiving a lowe... 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
All types of mortgage loans Just in our office we see so many different mortgage scenarios and we have always taken pride in knowing a large array of mortgage products. We don’t just take the cookie cutter loans. We tackle the difficult situations for the g... Read More
Many buyers, especially first time buyers, do not have 20% down payment. Luckily there are a lot of mortgage loans offered with less than 20% down required. Besides VA, USDA, and FHA, there are conventional loans. For these Fannie Mae and Freddie Mac loans, pri... Read More
24/7 Prequal Hotline
Check Out The Latest
- Zillow Strategy Provides Free Leads to Real Estate AgentsJanuary 30, 2018 - 6:00 am
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 […]
- Successful Real Estate Investing Tips for Taxes, Cash Flow, & QualifyingJanuary 23, 2018 - 6:20 am
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 […]
find us here & there
Copyright © 2015 OVM Financial, All rights reserved. | OVMX; development by OVMX
The view and opinions stated on this website belong solely to the authors, and are intended for informational purposes only.
The posted information does not guarantee approval, nor does it comprise full underwriting guidelines. This does not represent being part of a government agency.
The views expressed on this post are mine and do not necessarily reflect the view of OVM Financial Inc,.
Not all products or services mentioned on this site may fit all people
OVMFinancial, Inc. is licensed by the Virginia State Corporation Commission/Bureau of Financial Institutions as a mortgage lender/mortgage broker, license # 3038, NMLS ID# 86788, (www.nmlsconsumeraccess.org). We lend in the following states: Virginia, North Carolina and South Carolina.