If you’re a homebuyer in Alabama, you might have heard about USDA loans as an option to finance your dream home. The USDA Rural Development 502 Guaranteed Housing Program offers a unique opportunity for eligible low-to-moderate-income families to purchase homes in rural areas with zero down payment. Here’s a comprehensive guide to understanding the USDA […]
Blog
USDA and FHA Loans Comparison For Indiana Home Buyers
Homebuyers in Indiana have numerous mortgage options available today, it’s crucial to understand the differences between them to make an informed decision. In this guide, we’ll compare two popular mortgage options for Indiana first-time homebuyers—USDA Rural Housing loans and FHA mortgages. We’ll cover the benefits and eligibility requirements of each, helping you decide which one […]
Comprehensive Guide to USDA Loans in Kentucky
Buying a home is a pretty big milestone and represents a lifelong dream for many. However, the financial barriers can often restrict some, especially first time home buyers. Fortunately, USDA loans offer a viable solution for qualified homebuyers in Kentucky, providing opportunities to secure affordable housing with favorable terms. The United States Department of Agriculture […]
Ohio FHA Loans and Popular Down Payment Assistance
FHA loans are government-backed mortgages that offer low down payment options and flexible credit requirements to Ohio homebuyers. Many buyers, especially in more expensive markets like Columbus, Cleveland and Cincinnati, rely on FHA financing to purchase their dream home. If you’re considering buying a home in Ohio, understanding how FHA mortgages work can help you […]
North Carolina USDA Mortgage Eligibility Guide For Homebuyers
The USDA Rural Development program offers a good opportunity for North Carolina homeowners to purchase a property with no down payment required. USDA loans provide up to 100% financing for approved rural and suburban locations, making it a viable option for many. The program does have a few key requirements for eligibility, mainly the property […]
Unlocking Investment Opportunities with DSCR Loans in Florida
For Florida real estate investors, understanding the landscape of financing options is as crucial as identifying the perfect property. A unique and increasingly popular financing option for investment properties has been Debt Service Coverage Ratio (DSCR) loans. Tailored specifically for rental investments, including both long-term rentals and short-term vacation homes listed on platforms like Airbnb […]
Florida USDA Loans Play Important Role For First-Time Buyers
For many, owning a home in the Florida seems like a distant dream, especially in today’s market where affordability often feels out of reach for first-time homebuyers. However, USDA loans play an important role for first-time buyers by offering a zero down payment financing solution with less financial strain. This key to the USDA 502 […]
Florida Hometown Heroes Down Payment Assistance
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 […]
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 minutes outside the major cities like Houston, Dallas, Austin and San Antonio may still qualify for USDA financing today. USDA mortgages are a perfect solution […]
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 […]