The Florida Hometown Heroes program has helped many homebuyers in recent years purchase a home with the help of state provided down payment assistance. In order to be approved for the program, buyers must meet certain eligibility and qualifying factors that we will discuss below. Please connect with us anytime if you have questions to […]
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Tennessee VA 100% Mortgage Qualifying Breakdown
If you’re one of those lucky Tennessee home buyers that is eligible for the VA home loan program, congratulations. Vets have access to one of the best mortgage options today, offering 100% financing with no mortgage insurance. If you’re eligible and want to know more about the VA loan program, here are some of the […]
VA Loan Refinance Options St Johns County
Veterans in St. Johns County around St. Augustine, etc have some great VA refinance options available today. Depending on your current needs and equity position, The VA IRRRL Streamline refinance or Cash Out refinance could make sense. It’s no secret VA interest rates are still near all-time low levels. Now be a great time to […]
Texas USDA Mortgage Approval Eligibility Map For Buyers
USDA still provides 100% mortgage financing in many parts of Texas. Homebuyers are surprised to learn exactly what locations are still considered “rural” eligible. The truth is some locations just outside the major cities like Houston, Dallas, Austin and San Antonio may still qualify for USDA financing today. USDA loans are a perfect solution for […]
Maryland First Time Buyers Programs With Low Down Payments
First Time Home Buyers in Maryland have some great programs for mortgage financing in 2024. The most popular home loans for first-time buyers are Government-backed programs like FHA, VA and 100% USDA loans. Below we will discuss each program, and talk about the benefits to help you choose the right option. FHA Loans: FHA remains […]
FHA Loans Ocala Florida
FHA loans are one of the three main mortgage programs that carry a government-guarantee to the lender. These three mortgage programs are those underwritten to standards issued by FHA, VA and the USDA. The VA and USDA loans have certain restrictions, such as who is eligible or where the property might be located. FHA loans […]
Roanoke VA Mortgage Refinance Programs For 2024
Veterans in Roanoke have some great VA refinance options available in 2024. Depending on your current needs and equity situation, The VA IRRRL Streamline refinance or 100% VA cash-out could make sense. Let’s take a closer look below at both options available to homeowners in Virginia. VA IRRRL “Streamline” Refinance Mortgage A VA IRRRL loan […]
Best Mortgage Options First Time Buyers 2024
For those buying their second, third, or retirement home, many times the funds needed for a down payment and closing costs come from the proceeds of a sale from the previous home. As homeowner equity grows over time, that equity is converted to cash at settlement and then part or all of it is transferred […]
Gainesville FHA Loan Down Payment & Loan Limits Newly Updated
FHA loans continue to be one of the most popular mortgage choices for homebuyers in Gainesville and Alachua County. The Gainesville housing market has remained robust and increasing, with average home values hovering around $297,000. First time home buyers make up a large percentage of Florida borrowers today, and FHA loans provide needed low down […]
Charleston VA Home Loan Limits and Latest Updates
If you’re eligible for the VA home loan benefit you can use it to buy a home in Charleston, or anywhere in South Carolina as long as you intend to live in the property as your primary residence. This special no money down program was first introduced toward the end of WWII as a way […]
VA Funding Fee Breakdown
VA loans don’t require a down payment yet even so they are still some of the highest performing loan groups of all current mortgages today. This not only in spite of the fact there is no initial “skin in the game” as some lenders put it. This fee is an upfront fee and paid at […]
VA Mortgage Guide For Dallas Home Buyers
The VA home loan is a mortgage backed guaranteed by the U.S. Department of Veterans Affairs. This mortgage is designed to provide special benefits to eligible Vets as well as the surviving spouses of vets. VA home loans provide a number of homeownership opportunities with no down payment required for eligible Vets in Dallas – […]
Jacksonville FHA Loan Benefits
The Jacksonville housing market is going strong in 2024 with increased buying activity. Home values have increased 24% in the last year, for a median sales price of $300,000. More first-time homebuyers are now entering the market and looking for mortgage options that offer manageable terms with a low down payment. FHA financing fills this […]
Memphis FHA Mortgage Home Purchase Steps
Purchasing a home with an FHA mortgage can be a nervous experience for most homebuyers, especially first-time buyers. Below we will outline some important steps of the FHA loan process for Memphis homebuyers. Please visit the loan program section of the website to learn more about FHA loan qualifying requirements. The FHA loan limit for […]
VA Purchase Mortgage Greenville, South Carolina
Located within its namesake Greenville County is home to Greenville, South Carolina. Greenville was officially incorporated in 1831 but was settled decades prior. Today, Greenville is home to around 75,000 residents with a median income of approximately $50,000. One of the most visited venues is the Greenville County Museum of Art. For those who enjoy […]
100% VA Loans For Michigan Homebuyers
The VA Loan is a type of mortgage loan that is typically issued by pre-approved lenders, brokers, and banks that is guaranteed by the U.S. Department of Veterans Affairs (VA). This program was created by the United States government in 1944 when world war II was winding down. The core purpose was to help the returning service […]
Raleigh First Time Buyer Programs With No Down Payment
First time home buyers in Raleigh have some great mortgage options in 2024. Many of these programs offer little to no down payment for eligible home buyers. In general, first-time home buyers account for approximately 35-40% of all home buyers year after year. When people buy homes they also spur buying in other economic sectors […]
Georgia FHA Loan Benefits
The Georgia FHA mortgage has become the first choice for the majority of first-time homebuyers in Georgia. The Georgia FHA loan program offers several benefits, keeping in mind the budget constraints of most homeowners who are interested in buying their very first home. Compared to most conventional mortgage loans, the FHA loan facilitates the buying […]
Bond Money and Grants Can Help With Down Payment in 2024
When lenders initially review a loan application from a first-time home buyer, one of the more important items to check off is making sure there are enough funds for a down payment and closing costs. As loan limits rise in 2024 so too will the amount of down payment needed because the down payment is […]
Down Payment Assistance and Florida FHA Loans
One of the biggest challenges for those buying their first home is coming up with the necessary funds needed to purchase a home. There is a down payment involved and there are closing costs associated with a new mortgage. For many, it’s not their credit that is an issue, nor is having sufficient income to […]