{"id":714,"date":"2015-07-03T12:58:43","date_gmt":"2015-07-03T12:58:43","guid":{"rendered":"http:\/\/teammovemortgage.com\/2014\/12\/14\/top-mortgage-blogs-best-of-the-best-mortgage-blogs-for-2014\/"},"modified":"2020-07-13T22:34:35","modified_gmt":"2020-07-13T22:34:35","slug":"mortgage-blog-top-articles-2015","status":"publish","type":"post","link":"https:\/\/teammovemortgage.com\/blog\/mortgage-blog-top-articles-2015\/","title":{"rendered":"Top Mortgage Blogs:  Top Team Move mortgage blogs for 2015"},"content":{"rendered":"<figure id=\"attachment_1577\" aria-describedby=\"caption-attachment-1577\" style=\"width: 300px\" class=\"wp-caption alignleft\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-1577 size-medium\" src=\"https:\/\/teammovemortgage.com\/blog\/wp-content\/uploads\/2015\/07\/the-best-2015-300x300.png\" alt=\"Team Move Mortgage Best Mortgage Home Loan Blogs 2015\" width=\"300\" height=\"300\" \/><figcaption id=\"caption-attachment-1577\" class=\"wp-caption-text\">Team Move Mortgage Best Mortgage Home Loan Blogs 2015<\/figcaption><\/figure>\n<p>Providing the most helpful tips for buyers, realtors, homeowners, and the public in general is the main purpose of our blogs.\u00a0 They are\u00a0written about real world mortgage loan scenarios and we hope that these blogs provide education to our readers.<\/p>\n<p style=\"text-align: center;\"><strong><span style=\"font-size: 24px;\">Best of the Best Blogs:<\/span><\/strong><\/p>\n<p><strong><em>New 100% products with higher down payment assistance with zero interest and payments for NC buyers<\/em><\/strong>.\u00a0 One of the most popular questions we hear is what kind of programs are there with 100% financing and the answer has been <a href=\"http:\/\/teammovemortgage.com\/va-loan\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong><span style=\"text-decoration: underline;\">VA<\/span><\/strong><\/a> and USDA.\u00a0 But now, NC Housing Finance Agency has announced that the Down Payment Assistance amounts have increased to give first time or move up buyers 100% or more&#8230; <span style=\"text-decoration: underline;\"><strong><a href=\"http:\/\/teammovemortgage.com\/blog\/2015\/05\/30\/homeownership-solutions-for-north-carolina-buyers-looking-for-low-down-payment-options\/\" target=\"_blank\" rel=\"noopener noreferrer\">Read this blog<\/a><\/strong><\/span><\/p>\n<p><strong><em>How to have Perfect, Walk on Water, Qualifies for the Best Rate there IS, How Dare You questions me, Credit.<\/em><\/strong>\u00a0 As I always say, nowadays everyone is a number so you might as well have a high one!\u00a0 Tips for getting that elusive perfect credit score&#8230;<span style=\"text-decoration: underline;\"><strong><a href=\"http:\/\/teammovemortgage.com\/blog\/2015\/05\/23\/searching-for-va-approved-condos\/\" target=\"_blank\" rel=\"noopener noreferrer\">Read this blog for how<\/a><\/strong><\/span><\/p>\n<p><strong><em>We are experts at so many types of mortgage loans that we are the Swiss army knife of mortgage lending<\/em><\/strong>.\u00a0 Just in our office we see so many different mortgage scenarios and we have always taken pride in knowing a large array of mortgage products. We don&#8217;t just take the cookie cutter loans. We tackle the difficult situations for the good of our client and we make sure that the product our borrowers choose is a good fit for them.\u00a0 <span style=\"text-decoration: underline;\"><strong><a href=\"http:\/\/teammovemortgage.com\/blog\/2015\/06\/12\/we-are-experts-at-so-many-types-of-mortgage-loans-that-we-are-the-swiss-army-knife-of-mortgages\/\" target=\"_blank\" rel=\"noopener noreferrer\">Read the wide array of mortgages we closed<\/a><\/strong><\/span><\/p>\n<p><strong><em>PMI Strategies that can save you money over <span style=\"text-decoration: underline;\"><a href=\"http:\/\/teammovemortgage.com\/fha\/\" target=\"_blank\" rel=\"noopener noreferrer\">FHA<\/a><\/span><\/em><\/strong>.\u00a0 Most of the time when you hear someone say PMI or mortgage insurance, everyone cringes. But there are not only benefits of PMI but there are also money saving PMI options.\u00a0 <span style=\"text-decoration: underline;\"><strong><a href=\"http:\/\/teammovemortgage.com\/blog\/2015\/05\/23\/request-your-va-certificate-of-eligibility-to-buy-a-home-with-no-money-down\/\" target=\"_blank\" rel=\"noopener noreferrer\">Learn these PMI strategies here<\/a><\/strong><\/span><\/p>\n<p><strong><em>Did you know that some forms of nontaxable income can be grossed up?<\/em><\/strong>\u00a0 All forms of mortgages allow for grossing up certain types of nontaxable income. The reason nontaxable income can be grossed up is because typically mortgage loans go by a borrower&#8217;s gross income. The amount that nontaxable income can be grossed up depends on\u00a0&#8230;<span style=\"text-decoration: underline;\"><strong><a href=\"http:\/\/teammovemortgage.com\/blog\/2015\/07\/01\/did-you-know-that-some-forms-of-nontaxable-income-can-be-grossed-up\/\" target=\"_blank\" rel=\"noopener noreferrer\">Learn more here<\/a><\/strong><\/span><\/p>\n<p><strong><em>Do not use cash when purchasing a home and applying for a mortgage!<\/em><\/strong>\u00a0 Buyers, selling agents, listing agents, and sellers should pay attention to this because cash can cause major problems in the mortgage loan process.\u00a0 <span style=\"text-decoration: underline;\"><strong><a href=\"http:\/\/teammovemortgage.com\/blog\/2015\/06\/16\/do-not-use-cash-when-purchasing-a-home-and-applying-for-a-mortgage\/\" target=\"_blank\" rel=\"noopener noreferrer\">Learn how to avoid these issues<\/a><\/strong><\/span><\/p>\n<p><strong><em>I have signed my closing documents, so when do I get the keys?<\/em><\/strong>\u00a0\u00a0 An important thing to remember for a purchase closing is that just because the buyer has signed the closing documents, the property is not the buyer&#8217;s yet.\u00a0 Generally the following items need to happen on the day of closing&#8230; <strong><span style=\"text-decoration: underline;\"><a href=\"http:\/\/teammovemortgage.com\/blog\/2015\/05\/19\/i-have-signed-my-closing-papers-so-when-do-i-get-the-keys\/\" target=\"_blank\" rel=\"noopener noreferrer\">See what needs to happen<\/a><\/span><\/strong><\/p>\n<p><strong><em>Appraisal requirements to look for in order to prevent delays and extra costs.<\/em><\/strong>\u00a0\u00a0 Way to often borrowers incur extra costs and have delays in the mortgage process because of preventable issues on the appraisal. To reduce the likelihood of the appraiser needing to re-inspect the property which would cause the borrower to pay another fee to the appraiser and delay the process, <span style=\"text-decoration: underline;\"><strong><a href=\"http:\/\/teammovemortgage.com\/blog\/2015\/05\/24\/step-by-step-instructions-for-locating-usda-eligible-properties-areas\/\" target=\"_blank\" rel=\"noopener noreferrer\">we suggest the following&#8230;<\/a><\/strong><\/span><\/p>\n<p><strong><em>\u00a0Request your VA Certificate of Eligibility<\/em><\/strong>.\u00a0\u00a0 In order to obtain a VA home loan, you will need a <a href=\"http:\/\/teammovemortgage.com\/va-loan\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong><span style=\"text-decoration: underline;\">VA<\/span> <\/strong><\/a>Certificate of Eligibility. We can take care of getting your <a href=\"http:\/\/teammovemortgage.com\/va-loan\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>VA<\/strong><\/a> Certificate of Eligibility for you.\u00a0 <span style=\"text-decoration: underline;\"><strong><a href=\"http:\/\/teammovemortgage.com\/blog\/2015\/05\/23\/request-your-va-certificate-of-eligibility-to-buy-a-home-with-no-money-down\/\" target=\"_blank\" rel=\"noopener noreferrer\">See how we can get the VA COE quickly<\/a><\/strong><\/span><\/p>\n<p><strong><em>Limits on seller paid costs for buyers.<\/em><\/strong>\u00a0 Limits on seller paid closing costs for buyer for different program types<strong>: <\/strong>As a buyer or realtor, before agreeing to a sales price, it is very important to know if you need or want seller paid costs, how much is needed or most beneficial, and how much is allowed to be paid by the seller. <span style=\"text-decoration: underline;\"><strong><a href=\"http:\/\/teammovemortgage.com\/blog\/2014\/09\/21\/maximum-seller-paid-closing-costs-for-va-usda-fha-and-conventional-mortgage-loans\/\" target=\"_blank\" rel=\"noopener noreferrer\">See the limits here<\/a><\/strong><\/span><\/p>\n<p><em><strong><a href=\"http:\/\/teammovemortgage.com\/usda\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"text-decoration: underline;\">USDA<\/span><\/a> Well Water Test Requirements.<\/strong><\/em>\u00a0 The <a href=\"http:\/\/teammovemortgage.com\/usda\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"text-decoration: underline;\"><strong>USDA Rural Home Development<\/strong> <\/span><\/a>has stipulated that the local health authority or a state-certified laboratory must perform a water quality analysis and that the results must &#8220;meet&#8221; or &#8220;exceed&#8221; the EPA minimum thresholds for&#8230;<span style=\"text-decoration: underline;\"><strong><a href=\"http:\/\/teammovemortgage.com\/blog\/2015\/06\/11\/usda-well-water-test-requirements\/\" target=\"_blank\" rel=\"noopener noreferrer\">Read more<\/a><\/strong><\/span><\/p>\n<p><strong><em>Difference between a condo and a townhouse<\/em><\/strong>.\u00a0\u00a0 We see this misunderstanding of condo versus townhome more than any other property types as a lot of listings will call the property a condo\/townhome and there is no such thing. Understanding this difference between a condo and a townhouse is very important for buyers, sellers, and their agents!\u00a0 <span style=\"text-decoration: underline;\"><strong><a href=\"http:\/\/teammovemortgage.com\/blog\/2014\/08\/09\/difference-between-a-condo-and-a-townhouse\/\" target=\"_blank\" rel=\"noopener noreferrer\">Learn the differences here<\/a><\/strong><\/span><\/p>\n<p><strong><em>When does PMI stop on <a href=\"http:\/\/teammovemortgage.com\/fha\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"text-decoration: underline;\">FHA<\/span><\/a>, <a href=\"http:\/\/teammovemortgage.com\/usda\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"text-decoration: underline;\">USDA<\/span><\/a>, and conventional mortgage loans?<\/em><\/strong>\u00a0\u00a0 I hear quite often the misunderstandings of PMI or annual fees from borrowers, loan officers, realtors, and attorneys on mortgage types such as &#8220;all PMI stops at 80%&#8221;.\u00a0 <span style=\"text-decoration: underline;\"><strong><a href=\"http:\/\/teammovemortgage.com\/blog\/2015\/05\/22\/when-does-pmi-stop-on-fha-usda-and-conventional-mortgage-loans\/\" target=\"_blank\" rel=\"noopener noreferrer\">See the real answers here<\/a><\/strong><\/span><\/p>\n<p><strong><em>Ways to pay off a mortgage early.<\/em><\/strong>\u00a0 There are a lot of ways to pay down a mortgage quicker than the agreed upon terms. Below are several ideas to consider when trying to pay off a mortgage.\u00a0\u00a0<strong><span style=\"text-decoration: underline;\"><a href=\"http:\/\/teammovemortgage.com\/blog\/2015\/05\/31\/ways-to-pay-off-a-mortgage-early\/\" target=\"_blank\" rel=\"noopener noreferrer\">See how<\/a><\/span><\/strong><\/p>\n<p><strong><em>Using a pastor or minister&#8217;s housing allowance to qualify for a mortgage loan.<\/em><\/strong>\u00a0\u00a0 The IRS looks at the housing allowance portion of a pastor&#8217;s income as an exclusion from income. Therefore the housing allowance is not reported on the personal tax returns as taxable income. Even though it is not reported on the tax returns, a pastor&#8217;s housing allowance can be used&#8230; <strong><span style=\"text-decoration: underline;\"><a href=\"http:\/\/teammovemortgage.com\/blog\/2014\/08\/03\/using-a-pastor-ministers-housing-allowance-to-qualify-for-a-mortgage-loan\/\" target=\"_blank\" rel=\"noopener noreferrer\">Read more<\/a><\/span><\/strong><\/p>\n<p><strong><em>Searching for <a href=\"http:\/\/teammovemortgage.com\/va-loan\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"text-decoration: underline;\">VA<\/span><\/a> approved condos<\/em><\/strong>.\u00a0 In order to finance the purchase of a condo with a VA loan, the condo must be on the VA Approved Condo List as&#8230;<span style=\"text-decoration: underline;\"><strong> <a href=\"http:\/\/teammovemortgage.com\/blog\/2015\/05\/23\/searching-for-va-approved-condos\/\" target=\"_blank\" rel=\"noopener noreferrer\">Read more here<\/a><\/strong><\/span><\/p>\n<p><strong><em>Searching for FHA approved condos.<\/em><\/strong>\u00a0 In order to finance the purchase of a condo with an <a href=\"http:\/\/teammovemortgage.com\/fha\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"text-decoration: underline;\"><strong>FHA<\/strong><\/span><\/a> loan, the condo must be on the <a href=\"http:\/\/teammovemortgage.com\/fha\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"text-decoration: underline;\"><strong>FHA<\/strong><\/span><\/a> approved condo list and not be expired.\u00a0 To search approved condos, <span style=\"text-decoration: underline;\"><strong><a href=\"http:\/\/teammovemortgage.com\/blog\/2014\/08\/03\/how-to-search-for-fha-approved-condos\/\" target=\"_blank\" rel=\"noopener noreferrer\">click here<\/a><\/strong><\/span><\/p>\n<p><strong><em>Step by step instructions for locating <a href=\"http:\/\/teammovemortgage.com\/usda\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"text-decoration: underline;\">USDA<\/span><\/a> eligible properties and areas<\/em><\/strong>.\u00a0 One of the most popular questions we receive is &#8220;how do I tell if the property is <a href=\"http:\/\/teammovemortgage.com\/usda\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"text-decoration: underline;\"><strong>USDA<\/strong><\/span><\/a> eligible?&#8221; or something similar. Whether you are a buyer, seller, or realtor, you should get familiar with this site as USDA is a great opportunity for a buyer to get affordable financing at 100% of the sales price.<span style=\"text-decoration: underline;\"><strong> <a href=\"http:\/\/teammovemortgage.com\/blog\/2015\/05\/24\/step-by-step-instructions-for-locating-usda-eligible-properties-areas\/\" target=\"_blank\" rel=\"noopener noreferrer\">Step by step instructions can be found here<\/a><\/strong><\/span><\/p>\n<p><strong><em>Construction to permanent loans with little to no money down in NC, SC, and VA<\/em><\/strong>.\u00a0 Finding a construction loan is very difficult today and almost impossible to find over 75\u00a0&#8211; 80% of the value. Well, we offer a one-time closing\u00a0VA, FHA, &amp; conventional\u00a0construction to perm mortgage loan to meet this huge need in Virginia and the Carolina&#8217;s. Low to no down payment construction perm loans are very much needed and we fill that need for our clients and homebuilders. <strong><span style=\"text-decoration: underline;\"><a href=\"http:\/\/teammovemortgage.com\/blog\/2015\/06\/12\/construction-to-permanent-loans-with-little-to-no-money-down-in-nc-sc-va\/\" target=\"_blank\" rel=\"noopener noreferrer\"> We offer the following solutions<\/a><\/span><\/strong>.<\/p>\n<p><strong><em>Getting a 2nd <a href=\"http:\/\/teammovemortgage.com\/va-loan\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"text-decoration: underline;\">VA<\/span><\/a> loan when you have a <a href=\"http:\/\/teammovemortgage.com\/va-loan\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"text-decoration: underline;\">VA<\/span><\/a> loan already meaning you can have two <a href=\"http:\/\/teammovemortgage.com\/va-loan\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"text-decoration: underline;\">VA<\/span><\/a> loans!<\/em><\/strong>\u00a0 Here&#8217;s a popular scenario for military buyers: A buyer currently in the military has been relocated and wants to purchase a primary residence with a VA mortgage to get 100% financing, but the buyer already has a <a href=\"http:\/\/teammovemortgage.com\/va-loan\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>VA<\/strong><\/a> loan on the prior residence which is now rented out. Can this be done?\u00a0 <strong><span style=\"text-decoration: underline;\"><a href=\"http:\/\/teammovemortgage.com\/blog\/2015\/05\/23\/you-can-get-a-2nd-va-mortgage-loan-while-you-have-another-va-mortgage-loan-with-bonus-or-2nd-tier-entitlement\/\" target=\"_blank\" rel=\"noopener noreferrer\">Yes and see how<\/a><\/span><\/strong><\/p>\n<p><strong><em>Mortgage loan approvals with deferred student loan payments<\/em><\/strong>.\u00a0 Student loans play a big role in people&#8217;s finances nowadays and that is certainly true with mortgage loan approvals as well. CNN Money reported in an article on 12\/5\/13 that the average student loan debt for the class of 2012 is $29,400. Read the article here. Student loan payments are usually included in calculating a borrower&#8217;s debt to income ratio. What many borrowers may not know is that even though a student loan&#8217;s payments may be deferred to a later date, the payments&#8230; <span style=\"text-decoration: underline;\"><strong><a href=\"http:\/\/teammovemortgage.com\/blog\/2015\/05\/23\/va-fha-mortgage-loan-approvals-with-deferred-student-loan-payments\/\" target=\"_blank\" rel=\"noopener noreferrer\">Read more<\/a><\/strong><\/span><\/p>\n<p>We hope that you found these &#8220;best of&#8221; blogs informative and useful.\u00a0 We are always happy to help answer questions as well as qualifying borrowers for the right mortgage to meet his\/her goals and situation.\u00a0 Read more about mortgage products and tips throughout our website or give us a call.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Providing the most helpful tips for buyers, realtors, homeowners, and the public in general is the main purpose of our blogs.\u00a0 They are\u00a0written about real world mortgage loan scenarios and we hope that these blogs provide education to our readers. Best of the Best Blogs: New 100% products with higher down payment assistance with zero [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1577,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5,24,33,97,17,40,41,48],"tags":[58,6,7,25,26,27,28,29,30,31,32,9,10,11,12,13,98,147,310,18,311,20,42,43,44,45,46,47,49,21,139],"class_list":["post-714","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-1st-time-buyers","category-fha","category-frequently-asked-questions","category-interesting","category-products","category-tips","category-usda","category-va-loans","tag-condos","tag-down-payment-assistance","tag-down-payment-source","tag-fha","tag-fha-guidelines","tag-fha-home-loans","tag-fha-loan-calculator","tag-fha-loan-requirements","tag-fha-loans","tag-fha-purchase","tag-fha-rates","tag-first-time-buyers","tag-homebuyers","tag-low-down-payment","tag-lumberton-board-of-realtors","tag-mortgage-faqs","tag-nc-purchase-contract","tag-new-home-construction","tag-pinehurst-southern-pines-association-of-realtors","tag-realtors","tag-sanford-area-association-of-realtors","tag-team-move","tag-usda","tag-usda-home-loan-updates","tag-usda-home-loans","tag-usda-rural-development","tag-usda-rural-development-guidelines","tag-va-home-loans","tag-va-requirements","tag-wrar","tag-wrightsville-beach-nc"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Mortgage Blog - Best Articles of 2015<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/teammovemortgage.com\/blog\/mortgage-blog-top-articles-2015\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mortgage Blog - Best Articles of 2015\" \/>\n<meta property=\"og:description\" content=\"Providing the most helpful tips for buyers, realtors, homeowners, and the public in general is the main purpose of our blogs.\u00a0 They are\u00a0written about real world mortgage loan scenarios and we hope that these blogs provide education to our readers. 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