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 th... Read More
The VA appraisal process is different from other appraisal types. A term that strikes fear is when the VA appraiser invokes the Tidewater Initiative. Realtors, buyers, sellers, and lenders worry about the purchase falling apart. But if everyone moves quickly en... Read More
VA loans may actually be the best home loan in the USA! Heck, even the world possibly! Although most VA loans are used for a no down payment purchase, it is also a very beneficial solution to buy a higher priced home. Each county in the U.S. has a VA loan limi... Read More
VA home loans are best known for providing Veterans and service members with a no down payment purchase option. Although, sometimes VA loans require a down payment. For instance, there could be a VA loan down payment required if a buyer would have two VA loans... Read More
So many prospective buyers look for a way to purchase a home with little to no money down. Well, USDA Rural Development Guaranteed loans offer 100% financing qualifying buyers. But in addition to buyers qualifying, the property must qualify as well. Although US... Read More
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 d... Read More
Most are familiar with the benefit of a streamlined refinance process for refinancing a VA loan to another VA loan. It is typically used to lower an interest rate or term. But another very helpful Veteran benefit is the VA cash out refinance. Although, just bec... Read More
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
USDA Rural Development home loans are one of the most misunderstood and overlooked mortgage loans. Yet, USDA loans offer qualifying buyers one of the best purchase options available today. By offering a no money down mortgage with unbelievably affordable terms, U... Read More
Military buyers have a huge benefit when it comes to purchasing a home. Not only do service members have a no down payment option, but VA loans may be the best mortgage available. VA loans offer up to 100% financing with no monthly mortgage insurance. Thus, thi... Read More
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- 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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