VA Loans: Multiple Properties, Federal Tax Debt, Student Loans, Trailing Spouse Income There are so many guidelines that no one can know them all, but knowing where to find the answers is important. This is what we look to do for buyers, real estate professionals, ... 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
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
Check out this success story for this VA purchase! High debt ratio and under 640 scores closed quick First Time VA Loan Buyer Options Under 640 score, over 55% debt ratio, VA home loan purchase that needs to close in 33 days? No way? Yes, Way!! So often th... Read More
2016 Fannie and Freddie loan size limits announcement The Federal Housing Finance Agency (FHFA) announced that the maximum conforming loan size limits for 2016 Fannie Mae and Freddie Mac loans will stay the same as 2015 except for increases in 39 high cost c... Read More
How to use Little Known VA Home Loan Guidelines to Buy a Home Other than the standard things most people know about, VA will allow some little known, creative ways to help a buyer qualify with a VA home loan. Here are 7 Ways Knowledge of VA Details Will Help Buyers:... Read More
VA home loans work so well for military and veteran buyers. They offer a no money down purchase loan. But sometimes things happen outside of the service member’s control. Too often VA buyers have purchased a home that depreciated in value so that the home... Read More
When should I refinance? Refinancing a mortgage when rates are low can save homeowners thousands to tens of thousands of dollars over the life of the loan term. Too often everyone hears “You shouldn’t refinance unless you can save 2% in rate” and ... Read More
VA Refinance IRRRL The Department of Veteran Affairs offers a streamlined VA refinance to benefit borrowers with VA loans. This refinance loan is called a VA Interest Rate Reduction Refinance Loan. But, IRRRL, pronounced like Earl, is what lenders call it. ... 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
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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