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 7 days a week if you […]
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Unlocking 100% Financing: FHA Loans for Alabama Homebuyers
Buying a home in Alabama can feel overwhelming—especially when it comes to saving for a down payment. Traditionally, FHA loans require at least 3.5% down, which for a $200,000 home equals $7,000 upfront. For many families, that’s a big hurdle. The good news? With down payment assistance (DPA) programs, Alabama homebuyers can combine an FHA […]
USDA Closing Costs Texas
We have received many questions lately regarding USDA financing and closing costs. Generally speaking, for a new home purchase in Texas, the buyer can expect to pay around 4.5% (of the purchase price) for closing costs and prepaid escrow requirements. Escrow requirements include prepaid taxes and home insurance. The home seller will have “customary” closing […]
Coast 2 Coast Is Hiring Great Loan Officers
Are you a great loan officer looking to be part of a great company? Coast 2 Coast Lending is now hiring in 2025! Contact us today to learn about individual loan officer and branch opportunities. Coast 2 Coast offers many benefits for loan officers including: Great Products to Grow Your Business: FHA, VA, USDA, Conventional, […]
Tennessee 100% Financing FHA Loans with Down Payment Assistance
For many prospective homebuyers, one of the biggest hurdles to purchasing a home is saving for a down payment. Fortunately, in Tennessee, there are options to help ease this burden. One of the most popular loan products for first-time homebuyers is the FHA loan, which offers low down payment requirements. When combined with down payment […]
USDA Loans in Tennessee: 100% Financing for Eligible Homebuyers
For many Tennesseans dreaming of homeownership but struggling with down payment hurdles, USDA Rural Housing Loans offer an affordable solution. These government-backed mortgages provide 100% financing for income-eligible buyers in approved rural and suburban areas across the state—including many neighborhoods just outside major metro areas like Nashville, Knoxville, and Memphis. 🟩 What Is a USDA […]
Unlocking Your Home’s Value: Top Benefits of a Florida HELOC
If you’re a homeowner looking for flexible and affordable financing, a Home Equity Line of Credit (HELOC) could be the financial tool you need. As property values continue to rise in most parts Florida, many homeowners are sitting on significant equity without realizing its full potential. A HELOC offers a convenient and cost-effective way to […]
Florida HECM Reverse Mortgages: Qualifying Requirements & Benefits
As seniors approach retirement, many are looking for ways to secure their financial future while living in the homes they’ve spent years cultivating. One option that can provide a financial safety net is a reverse mortgage, specifically the Home Equity Conversion Mortgage (HECM). HECM is a government-insured program that allows homeowners aged 62 or older […]
Georgia FHA HUD 100 Down Program Insight
Since the slowdown in the housing market years ago, options for 100% home financing have pretty much disappeared. In fact, today only a few home loan options in Georgia remain that allow NO down payment home financing – USDA and VA. USDA loans require the property to be located in a rural defined eligible area, […]
VA Mortgage Eligibility South Carolina
VA Mortgages are one of the best loan programs available today for eligible Veterans in South Carolina. Here are some of the great features of this fantastic program: NO Down Payment, 100% financing No monthly mortgage insurance 100% financing loan limits up to $2,000,000 in South Carolina Easier credit qualifying compared to other types of mortgage […]
Which Type of FHA Loan is Best?
Did you know there was a choice? Did you know that an FHA loan is not just a single loan program but actually several? Sometimes thinking about which loan program is best for you, it can get a little complicated. Mortgage programs aren’t designed to be complicated, but new programs can come about to address […]
Can You Take Equity Out With a VA Loan?
Refinancing a VA loan is much like refinancing any other mortgage. However, VA loans do have a refinance option that conventional loans do not have. This option is referred to as a VA “streamline” and is a VA-to-VA refinance that requires very little documentation. No income or employment check, no appraisal required, and no need […]
Private Mortgage Insurance Isn’t Forever: When You Can Remove PMI
Private mortgage insurance, or PMI, sometimes gets a bad rap. And that’s unfortunate because PMI plays a very important part in the mortgage industry. Years ago, banks would require down payments of as much as 30 or 40 percent of the sales price. Back then, banks assumed all the risk on the loan and if […]
First Time Homebuyers: 5 Things You Must Know
If you’re getting ready to purchase your first home and started a bit of research already, you might be a slight victim of information overload. You will soon discover there are many moving parts to purchasing a home. There are various services needed in order to get your home loan approved to keep the loan […]
North Carolina Teacher Programs
Below, we have listed some tips to help North Carolina teachers breeze through the mortgage pre-approval process. Regardless if you are looking for NO money down payment USDA loan, FHA or conventional mortgage, the tips below will apply. One of the first things a lender will want to see is evidence of full-time employment. This is usually […]
Should You Roll Closing Costs Into Your Loan When Refinancing?
Spoiler alert: all mortgage loans have closing costs. But what about the so-called “no closing cost” loans? They also have closing costs, it’s just a matter of who pays for them and how. Closing costs must be paid by someone. In different parts of the country, it may be customary for the seller to pay […]
First Time Buyer – Low Down Payment Loans Corpus Christi
Corpus Christi, the seat of Nueces County, is located along the Gulf Coast border in Texas. The population of Corpus Christi today is around 330,000 with the larger Corpus Christi MSA home to about 450,000. Corpus Christi’s city limits encompass more than 500 square miles, 175 being land and almost twice that area in water. […]
What is the USDA Loan Guarantee?
The term “guarantee” is fairly straightforward. There is an inherent pledge from one party to another to ensure the performance of an agreement. In the mortgage world, it also has a meaning and specifically with the USDA home loan program. But for those that aren’t familiar with loan guarantees, the first notion is any applicant […]
Using an FHA Loan in Orlando
When you think of Orlando, the first thing that likely comes to mind is all the theme parks located there. Of course, the flagship is Disney World which is home to the Magic Kingdom and Epcot Center. Universal Orlando hosts Universal Studios, Islands of Adventure and the popular World of Harry Potter. Located in Central […]
First Time Home Buyers and IRA Accounts
There are several first-time buyer programs. Many are state or locally sponsored in the form of grants or no-interest loans. A grant is essentially free money. For someone who qualifies for a grant, the funds are issued and as long as the borrowers keep the property for a specific period of time, say for at […]