Would you like to buy a nice home in the country or an outlying suburb with no money down? Here’s a program that might work for you… It’s called USDA, and here are some details on this program… -Up to 100% of the Appraised Value – Total LTV of 102% – -Difference of sales price…
Most Down Payment Assistance is tied to your income. If you make too much money you don’t qualify for the Down Payment Assistance. Not this one. It doesn’t matter how much you make. So, if you have at least a 600 credit score, and you have been working for the last two years, you may…
In Texas we have some unusual rules when it comes to getting cash out of our homes. For owner occupied residences, we are limited to 80% max loan to value ratio. When it comes to a divorce, if one spouse is keeping the house they will often have to pay the departing spouse their share…
Most Down Payment Assistance is tied to your income. If you make too much money you don’t qualify for the Down Payment Assistance. Not this one. It doesn’t matter how much you make. So, if you have at least a 600 credit score, and you have been working for the last two years, you may…
The 2024 conforming loan limits are going up to $750k. This is good news. Conforming loans carry a lower interest rate and lower down payment than Jumbo loans. If you have a loan you would like to see current market pricing on please let us know and we’ll get you some numbers. That’s it for…
Do you have investment property, and would like to pull cash out of your property? However, for some reason you can’t provide income documentation to your lender to get a cash out loan. We have solutions! We have loan programs that will allow you to pull cash out of rental property with no income documentation…
Mortgage tip: If you are about to get into the loan process to buy or refinance a house – don’t go out and buy things on credit. It sounds simple, and you would think most people would know this without being told. I have a loan right now where a borrower got himself into trouble…
One of the most important things you will have to do when you apply for a loan is to show that you have the money for the down payment. This is called “sourcing down payment funds”. For instance, the down payment on an FHA loan is 3.5%. You can have this money in your checking…
If you or someone you know falls into one of these categories we have free grant money available for your down payment. Professional educators, which includes the following full-time positions in a public school district: school teachers, teacher aides, school librarians, school counselors, and school nurses Police officers and public security officers Firefighters and EMS…
Did you know we can do ITIN loans up to 90% loan to value ratio? An ITIN number is issued by the IRS to non-resident aliens who are not eligible to receive a social security number. If you or someone you know are interested in how to qualify for a 10% down loan as an…