I wanted you to know about a mortgage program that doesn’t require any income documentation when purchasing an investment property. It’s called a Debt Service Coverage Loan. And, the rent from the property is the only income you need. No tax returns, or paystubs needed. Down payment on this program ranges from 10% to 20%.…
The bad news is that according to Redfin, 38% of U.S. renters don’t believe they’ll ever own a home, up from 27% a year ago. 35% of renters noted the ability to save for a down payment as a major hurdle preventing homeownership. The good news is that we have a solution. We have many…
I wanted to let you know we have a 2% to 5% downpayment and closing cost assistance program called “Homes for Texas Heroes”. If you are in one of the following professions you may qualify for this purchase program: Professional Educators, Which Includes The Following Full-Time Positions In A Public School District: School Teachers, Teacher…
Wanted to let you know we have fix and flip financing available to you. Here are some bullet points.. Lending Term: 12-18 Months. Extension options available Property Types: SFR, 2-4 Unit and Multifamily up to 30-Units Loan to Cost: Up to 80% Rehab/Reno Financing: Up to 100% Closing Time: As Fast as Two Business Days…
If you purchased a home using your own cash, and now would like to pull your cash back out – we can do that. This type of loan is called ‘delayed financing’. …and, you can get your cash back out of the house. In fact, we do these types of cash out loans up to…
If you are carrying credit card debt the payments can be overwhelming. On average, for every $10,000 of credit card debt your payment would be around $300 a month. Something to consider… Get cash out of your house to pay off all your credit card debt. The payment on adding $10,000 to a thirty year…
If you haven’t owned a home in the last three years and you want to purchase a home you should consider the MCC tax credit. How MCC works in a nutshell… You take 20% of the mortgage interest you pay each year – and you are allowed to claim that 20% as a dollar for…
We are helping alot of people with this no money down program… 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,…
Did you know even if you have “challenged” credit you can still get a low down payment loan to buy a house with FHA? We can do down payments as low as 3.5% down to a 580 credit score! And, we have several down payment assistance programs to help you too. So, if you…
According the NAR 2023 Profile of Homebuyers and Sellers, the median length of time buyers waited to buy a home while saving for the down payment was four years! The buyers were asked what expenses made saving for a down payment difficult: 52% reported high rent or a current mortgage payment 42% said student…