A Backdoor Way To Get A Lower Mortgage Rate
A Backdoor Way To Get A Lower Mortgage Rate Table of Contents Key Takeaways What Is a Temporary Rate Buydown? Is a Temporary Rate Buydown a Good Idea? Who Should Consider a Temporary Rate Buydown? Additional Considerations FAQ: Temporary Rate Buydowns Final Thoughts Key Takeaways Temporary rate buydowns offer a legal way to reduce your […]
How To Get A VA Home Loan With Bad Credit
How To Get A VA Home Loan With Bad Credit Key Takeaways Guideline Key Takeaway Minimum Credit Score No official VA minimum, although many lenders will set their own minimum standards VA Flexibility VA allows manual underwriting for lower scores with compensating factors Recent Payment History Last 12 months of on-time payments crucial for approval […]
Why Getting A Home Inspector Is Critical For Your Home Purchase
Why Getting A Home Inspector Is Critical To Your Home Purchase Key Takeaways A home inspector is not required for mortgage approval but is highly recommended for protecting your investment and health. Home inspections can reveal hidden issues such as radon gas or worn-out HVAC systems that may not be obvious during initial viewings or […]
Are You Trusting Experts For Your VA Mortgage Advice?
Are You Trusting Experts With Your VA Mortgage Advice? Key Takeaways Not all mortgage advice online is accurate, especially regarding VA home loans. Verify if the advice provider is a licensed loan officer by checking their NMLS number. Look for references to official VA guidelines or handbooks to ensure advice is current and credible. Understand […]
Can You Buy A High End Property With A VA Loan
Can You Buy A High End Property With A VA Loan? Key Takeaways Yes, you can buy a high-end property using a VA loan with no money down if you have full entitlement. The VA jumbo loan program allows loans above the conventional Fannie Mae loan limits without requiring a down payment under certain conditions. […]
Warning….Please Watch This Before Selling Your Home On Subject To
Warning….Please Watch This Before Selling Your Home On Subject To When it comes to selling your home, especially if you are a veteran using a VA loan, understanding the nuances of the process is crucial. A topic that often comes up in the veteran community, particularly in the Better VA group, is the concept of […]
How To Get A VA Home Loan After A Bankruptcy: The Complete Guide
How To Get A VA Home Loan After Bankruptcy: The Complete Guide https://www.youtube.com/watch?v=4-F5rM28HPM As a veteran, you’ve served our country with honor, and the VA home loan benefit is one way the nation shows its gratitude for your military service. If you’ve experienced financial difficulties resulting in bankruptcy, you may be concerned about your eligibility […]
Introducing FinLocker…A New Way To Prepare For Homeownership
Introducing FinLocker… A New Way To Prepare For Home ownership I’m pleased to announce that I’m able to offer the FinLocker program to anyone that wants to get it. FinLocker is a FREE service that allows you to see your credit score and report, monitor your credit and get a “borrower readiness” assessment to see […]
How Property Tax Prorations Work in Ohio
One of the most confusing aspects of homebuying in Ohio is the calculation for property tax prorations. In fact, many Realtors, Loan Officers and Mortgage Underwriters screw up the calculation and in the end the title company has to fix it at closing. While it’s not a dealbreaker for the title company to fix the […]
How To Buy A Condo With A VA Loan
Did you know that a VA mortgage loan can be used to purchase a condominium? This is a great benefit of the VA mortgage program. Many Realtors are not accepting VA offers on condos and this is a shame. With good negotiation skills by the Loan Officer and Buyer’s Agent, along with education, it can […]