Tag: No money down purchase

Today, many first time home buyers feel their student loan debt and lack of down payment prevents the chance of home ownership. But, breaking news effective September 23, 2019 is that USDA student loan guidelines have finally changed! Meaning it is easier for buyers to qualify with student loan debt! Before, USDA debt to income […]

The biggest misconception among renters is that a large down payment is necessary to buy a home.  Then many will rent for an extended period thinking that a home purchase is unreachable.  A recent article by Citylab, “The down payment is too ‘daggum’ high” explained it well.  It explains how many renters cite lack of funds to cover […]

Just Released South Carolina USDA Income Limits USDA Guaranteed Rural Housing Home Loans are an excellent choice for not only first time buyers but move-up buyers too.  One of the biggest roadblocks to homeownership today is lack of down payment.  But USDA loans give buyers a great no down payment option.  Plus it offers a 30 year fixed […]

Just Released North Carolina USDA Income Limits USDA Guaranteed Rural Housing Home Loans are an excellent choice for not only first time buyers but move-up buyers too.  One of the biggest roadblocks to homeownership today is lack of down payment.  But USDA loans give buyers a great no down payment option.  Plus it offers a 30 year fixed […]

What are Seller Concessions? Imagine buying a home with no money down and having stuff paid for by someone else for you?  Or what about a seller being able to offer to pay for things other than closing costs to sell quicker?  Sound too good to be true?  It can be done with VA loans, […]

USDA Funding Fee for 2016-2017 Announced Huge Decrease in the 2016-2017 USDA Funding Fee & Annual Fee! The USDA Funding Fee is a key part of the USDA home loan program and basically pays for the program.  First, USDA mortgage loans are so popular (especially in NC, SC, and Virginia) because it allows homebuyers to purchase with no […]