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
Pastoral Housing Allowance We love helping pastors buy homes! So much so, we have to share this success story and “prayer” answered. Picture this loan scenario which involved the often misunderstood pastoral housing allowance. A pastor and military v... Read More
Settlement or Closing Costs Explanations A buyer should know which closing costs to expect when purchasing a home. Some closing costs are required, where others are optional to the buyer. Potential Closing Costs on a Purchase Below is a detailed list of potentia... Read More
When is flood insurance required and how do I find out if I need it? Flood Insurance Requirements It is a given that every coastal Realtor, insurance agent, & mortgage lender should be familiar with flood insurance but there are also plenty of non-coastal prop... Read More
FHA Changes FHA recently changed a lot of their guidelines on 9/14/2015. So we will provide the game plan to navigate minor tweaks to big FHA changes. Below are answers to FHA FAQ’s Is a borrower eligible if they have a delinquent federal debt but have ... Read More
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
Why and How to Work With a Buyer’s Agent Why Using a Good Realtor is Important In this series, we are providing tips to avoid the Most Common Roadblocks to Home Ownership. So far we have discussed 1) how to solve limited or bad credit, 2) no down payment, 3) ... Read More
When buying a home, townhome, or condo around Wilmington, check the New Hanover County Tax Records. You will find that New Hanover County, Wilmington, and the other towns have very reasonable tax rates. So mortgage payments are very payment friendly for living a... Read More
Team Move Mortgage Best Mortgage Home Loan Blogs 2015 Providing the most helpful tips for buyers, realtors, homeowners, and the public in general is the main purpose of our blogs. They are written about real world mortgage loan scenarios and we hope that these blo... 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
Check Out The Latest
- See How the USDA Guarantee Fee Stays Low for 2018 to Help Home BuyersSeptember 27, 2017 - 7:50 am
Homebuyers received great news about the USDA Rural Development guaranteed loan program! In 2017, USDA drastically reduced the guarantee or funding fee they charge upfront on USDA loans, plus lowered the annual fee also. So the great news is that the USDA guarantee fee 2018 (also often referred to as a USDA funding fee) will remain at […]
- Gift Letter for Mortgage: Requirements for Who, What, and How MuchSeptember 21, 2017 - 7:16 pm
Buying a home is the American dream for many and there are a lot of programs available to accomplish this dream. But what happens when the buyer needs a little extra funds in order to purchase? That is where a gift can be very beneficial. Although it is important to understand gift requirements such as […]
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