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
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- 2018 FHA Loan Limits Increases Homeownership Opportunities for BuyersDecember 8, 2017 - 11:37 am
After the recent announcement of the conforming loan limits increase, FHA has now announced their own increase. Housing prices have continued to climb which is a good thing to owners, but can be a struggle for home buyers. As a buyer sits on the sidelines as a renter or living with family, prices are rising. […]
- 6 Reasons to Get Your Certificate of Eligibility Before BuyingDecember 8, 2017 - 6:30 am
In order to get a VA loan, it is important to make sure that the Veteran is first eligible for VA. Often, we are able to get the VA Certificate of Eligibility for the Veteran within a couple minutes online. But, there are times that this information is not available online. Therefore a Veteran has a […]
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