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 on the... 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
Check Out The Latest
- Lake Waccamaw Named Top 25 Small Lake TownsJune 27, 2017 - 10:10 am
Whether it is for a vacation home or to live in a quiet town, Lake Waccamaw has a lot to offer. Actually the lake was recently named to the “Top 25 Small Lake Towns We’re Seriously Obsessed With“. Additionally the Country Living article ranked the quaint little lake town as #6 in the country! It […]
- Assistance Available for SC Buyers in Need of a Down PaymentJune 22, 2017 - 6:29 pm
So many things seem to block saving for a down payment on a house. High rent payments, car repairs, hospital bills, plus other expenses get in the way. But, there is a special program which allows South Carolina buyers to become homeowners! It is called the down payment assistance SC program. This program combines either an FHA or […]
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