First time home buyers look for every possible break when buying a home. These areas include lower interest rates, less closing costs, reduced monthly payment, and down payment assistance. Also, there is a little known tool which helps a first time home buyer or military Veteran more easily qualify for a mortgage as well as […]
VA loans already offer a no money down payment purchase loan. But, what if we add Veteran down payment assistance of $7,500 – $10,000? Even though VA loans may allow no down payment, there are many uses for this Veterans mortgage assistance. Plus, it is available for buyers currently serving or has served in any […]
VA seller paid closing costs and VA loan seller concession rules allow a seller to pay all of the buyer's closing costs, plus pay buyer's debt, lease buyout, or even send the buyer on a cruise. Check out how VA closing costs work and how to finance them
VA eligible buyers and owners realize that manufactured homes offer more affordable home prices compared to other homes. Therefore, using a VA loan for a no money down purchase, cash out refinance, or interest rate reduction provides many advantages when it comes to manufactured home buyers and owners.
A very popular way to build wealth is through buying rental property. Although, significant funds may be required. Because of this, building a portfolio of rental properties could take a while. Yet, buying a multifamily home can be a beautiful thing and a quicker path to being the landlord. For instance, did you know that […]
For quite a while, self employed business owners have struggled to qualify for a mortgage. But thanks to a bank statement mortgage, buying or refinancing a house is much easier. These alt doc loans do not require tax returns or even signing a 4506T request for transcripts of tax returns. One option includes qualifying with […]
How to buy a house with student loans deferred or income based repayment. Check out these low and no down payment mortgages which make buying a home much easier.
Finding the right lot and building a second home is a dream that can become a reality. Although, finding a low down payment second home construction loan is a little tougher. Fortunately, we provide construction perm loans to build a vacation home. Whether you own land already or want to buy land and build, we […]
Multiple construction loans to build a house include conforming, FHA, and VA construction loans. We also offer construction financing for second homes. Whether one owns land or purchasing land, we have options.
The new 2020 conforming loan limits enhances many borrower programs and even helps sellers! Here is a top list for how this increase helps Fannie, Freddie, and more programs.
A growing senior population needs a little help with rising housing costs and mortgage qualification requirements. Often, social security alone is not enough to cover a house payment. So, more children find buying a home for parents is a great solution. Although, 20 – 25% down payment for buying as an investment property can be […]
Owning real estate is one of the best and most proven ways to build wealth. Now, buying rental property has become much easier. Whether buying investment property for the first time or a seasoned real estate investor, there is a program which practically qualifies the buyer solely on the rental property. Imagine being able to […]
Probably the biggest perceived hurdle to homeownership is lack of down payment. Although, buying a home with little to no money down is easier than you think. In addition to no down payment loans like VA loans and USDA loans, down payment assistance saves the day. One down payment assistance source we provide is the […]
Commission income comes with the ability to make more income. Yet, this form of income usually comes with fluctuating ups and downs. Which is why mortgage loan guidelines want to see a history. Usually a minimum 2 year history for commission or bonus income. Even though many lenders require two years, we follow the FHA […]
Active military & Veterans have a great option to build a home with no money down. Furthermore, new VA loan rules now allow 100% construction financing with no limit! So, who are the VA construction loan lenders providing these benefits for VA eligible borrowers? For NC, SC, VA, & MD, we are a VA construction […]
Although FHA guidelines became a little more strict in 2019, an FHA loan is still one of the best ways to buy a home. Not only do FHA loans provide a low down payment, they also offer very flexible underwriting guidelines. Several popular FHA loan guidelines which can save a home purchase include… Qualifying with […]
Many dream of buying a second home. Whether the goal is to get away to relax or play, it is more possible than ever. Along with the combination of great interest rates and loan programs, more are able to make it happen. Another key 2nd home strategy includes using vacation rental income to make your […]
When looking to buy, build, or refinance a home using a VA loan, a VA appraisal must be performed. Although, the exception is that an appraisal is not required on a VA Interest Rate Reduction Refinance Loan (VA IRRRL). The purposes of this VA valuation report are to determine the value, condition, and safety of […]
Did you know that Veterans probably have the best loan available for buying a home? But, when it comes to building a home, VA loans do not seem to be mentioned as an option. So, finding someone who can combine VA loan benefits like borrowing up to 100% of appraised value along with a construction […]
If You’re a First Time Home Buyer SC Wants You! There are many reasons to purchase a home in South Carolina – the beautiful and relaxing beaches and coastal cities; the many thriving and expanding businesses and employers; the wonderfully mild year-round climate, and so much more. But did you know there are also mortgage […]
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 […]