search

Tag: income tax credit

Maximum Income Limits for Popular Low Down Payment Loans

97% MyCommunityMortgage Maximum Income: Based on household income of everyone 18 and over.  Household income means anyone who will live in the household, whether on the mortgage loan or not USDA Maximum Household Income Limits: Based on household income of everyone 18 and over, whether on the mortgage or not. Broken down for family sized of 4 […]
Only 1 credit score, or limited credit? It is possible to obtain a USDA Mortgage

Limited Credit and Looking for No Money Down? We just recently closed a USDA loan for a buyer that only had one credit trade line reporting on the credit report. The buyer had 3 credit scores with a middle of over 660 and no bad credit. We were able to receive an automated pre-approval through […]

Blog Categories

Russell Smith | Branch Manager, NMLS ID# 78989 | Licensed in NC, SC, VA

ALCOVA Mortgage LLC | NMLS#40508 | (www.nmlsconsumeraccess.org) | 308 Market St SE, Roanoke, VA 24011

The views and opinions stated on this site or links to other sites are intended for informational purposes only. The posted information does not guarantee approval, nor does it comprise full underwriting guidelines.
Additionally, this does not represent being part of a government agency. Not all products or services mentioned may fit all people.

Licensed in AL, CO, DC, FL, GA, IN, KY, MD, NC, OH, PA, SC, TN, TX, VA, WV