Tag: Homebuyers

Spartanburg SC’s housing & job market offers so much to a wide range of buyers.  Whether you are a first time buyer, moving up, or retiring in this area, Spartanburg offers so much.  Our USDA loans Spartanburg SC offer very affordable, fixed payments with the luxury of 100% financing.  We love to help buyers in qualifying for this great no money down […]

Greenville SC’s housing & job market offers so much to a wide range of buyers.  Whether you are a first time buyer, moving up, or retiring in this area, Greenville offers so much.  One trip here and you will be captured by the beauty of the foothills location!  Our USDA loans Greenville SC offer very affordable, fixed payments with the […]

Yes, there is a great mortgage option to buy a home around Raleigh with no money down.  Our USDA loans Raleigh NC offer very affordable, fixed payments with the luxury of 100% financing.  Don’t think of USDA as just an option to buy a home in the country.  As you will see in the map below, […]

North Carolina ranked as the 2015 #1 top growth state by U-Haul. Each year U-Haul compiles a list of the U.S. states which have the highest to lowest growth rates. The growth rates mean the states with the best net gain of one-way truck rentals compared to number of people moving out of the state. […]

Location, Location, Location!  Sanford NC and Lee County are Literally Right in the Middle of Everything!  From Lee County, you can literally wake up and decide to take a short drive to fly from RDU International Airport, go on a beach trip to the Outer Banks, drive the Blue Ridge Parkway, catch a Duke or UNC Tarheel game, […]

Why didn’t mortgage rates increase when the Fed raised their rate? When the Fed speaks, the mortgage world braces themselves.  But this time the result was ok – so far! Mortgage rates, so far, have drastically dropped from where they were prior to the Fed rate increase.  Normally, mortgage interest rates rise when the Fed increases their federal funds […]

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 veteran buyer No down payment Almost all nontaxable income Excluded personal debts paid by the church Good […]

Homeownership, owning your business, and living life to the fullest are 3 of the most popular answers to the American dream.  One could see why many desire to own a business.  Successful business owners enjoy a sense of pride in building something that supports their employees and provides valuable services.  Yet, the self employed also have […]

Mortgage Lending Communication “I just wanted to take a minute and thank you for pushing this purchase through for us.  I know we are not your only customer but you sure make it feel this way.  To the rest of the team, thank you for all your patience, I know I called late and bombard […]

Check out this success story and it is a little known advantage for licensed Real Estate Agents. Actually, a Realtor commission may be used as down payment for the purchase of their own home. Normally, lenders are required to prove down payment in the buyer’s bank account. So, if underwriters require proof of funds in the bank, how can Realtors use commission which isn’t paid […]

211,000 new jobs were created in November, above the 196K expected, while September and October were revised higher by a total of 29K. The report also showed that the Unemployment Rate remained at 5%, a 7 year low, which was inline with estimates. Average hourly wage growth rose 0.2%, which was also inline, while year-over-year […]

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 there are times when someone has some hurdles to overcome when purchasing a home and our team is one that will figure out a […]

“Do you want to put that on your charge card for a special discount? If you open a charge card with us, you will save 30% off of today’s purchase!” is what you will hear at every department store you visit over the holidays.  Sounds great, right? Not when it comes to credit scores! Actually, opening a new […]

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 counties in the U.S. Being that there are 3007 counties in the U.S., that is not many that are increasing.  The baseline […]

If you are looking to purchase a home in Robeson County NC, you can research the property tax rates, tax bills, and values here.   Search for Robeson County, NC deeds and other real estate public records Look up property tax value or tax bills here   Robeson County .77 Que Hill FD .10 Southeast Maxton Rural […]

Success With Limited Credit Experience Limited credit experience is a fairly common occurrence and potential roadblock to home ownership these days.  Prospective buyers having very limited traditional credit and having borderline credit scores in the 580-639 range. We have been successful many times in building a strong file to present to underwriting to overcome the shortcomings of […]

When you are looking to raise your credit scores quickly, showing some love to that old card in the back of your wallet could get the points you want! Credit card usage and their affect on credit scores is the most misunderstood credit reporting topic among Americans and often we will hear someone say things that […]

There are so many misconceptions or fears that first time buyers have these days and one of our primary goals is to educate this section of the market so the dream of home ownership can be achieved.  7 Statistics and Solutions About First Time Homebuyers You Should Know: 54% of first time buyers are married, 18% are […]

USDA Finances 100% of your home purchase Each year after the USDA Rural Development fiscal year ends, USDA must have authorization for funds in order to fully guarantee the loans.  Since October 1, 2015, we have been on hold for funding USDA loans until today. USDA just announced a few hours ago that Fiscal Year […]

Lender Paid PMI or LPMI is a great way to potentially lower a home loan monthly payment. Let’s face it, everyone wants as low of a mortgage payment as possible!  No one says give me the biggest payment you can, right?  Well, one solution for receiving a lower mortgage payment is to use a product / […]

 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 potential closing costs on a purchase involving a mortgage in NC, SC, and […]