It might seem a bit odd at first that that United States Department of Agriculture has a mortgage program. Yet the USDA loan is probably the “go to” source for certain types of properties located in rural and semi-rural areas. Lenders like the USDA program because it allows them to finance homes in areas where […]
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Four Interesting Facts About VA Loans
VA loans continue to provide the best financing option for those that qualify. Buyers who want a low-closing cost loan with competitive interest rates need to look no further than the VA loan program. VA loans are part of the original G.I. Bill introduced way back in 1944. The G.I. Bill provided benefits to those […]
USDA Loans Still 100% Financing
USDA Rural home loans are one of two last remaining 100 percent home loans still available in Florida. The other option is a VA loan which requires current or past military duty. As with any mortgage, there are groups of specific requirements that must be met before an applicant is approved. USDA Loan eligibility requirements […]
First Time Home Buyers Should Look At USDA Loans
Many first time buyers dream of the day they can afford to own their first home. Coming up with enough money for the down payment is often the primary obstacle for many first time buyers today. Even if that’s accomplished, other problems will start to arise like furnishings, monthly bills, transportation expenses and, worst of […]
VA Home Refinance St. Augustine
Veterans in Jacksonville & St. Augustine have some great VA refinance options available in 2025. Depending on your current needs and equity situation, The VA 100% Cash Out or IRRRL Streamline refinance could make sense. Mortgage interest rates recently reached new all-time low levels and now might be the perfect time for the homeowners still […]
Atlanta FHA Loan Benefits First Time Buyers
Georgia FHA loans are a popular choice for many first time home buyers in Atlanta. The FHA mortgage program provides several benefits, keeping in mind the budget difficulties of many homeowners who are considering purchasing their first home. Compared to most traditional mortgage loans, the FHA mortgage loan facilitates the process for the applicant. In […]
How Much Can Home Sellers Contribute Toward Your Closing Costs
Saving up enough money for a down payment is typically the single biggest obstacle first time home buyers face. For those who already own a home and are contemplating selling and buying another, the accrued equity in the home is usually enough to take care of a down payment for the subsequent home. First-time buyers […]
Texas FHA Mortgage Benefits For First Time Buyers
Texas FHA mortgages are a great choice for many first time home buyers in Dallas, Houston, San Antonio, etc. The FHA program provides several benefits, keeping in mind the budget difficulties of many homeowners who are considering purchasing their first home. Compared to most traditional mortgage loans, the FHA loan eases the process for the […]
Closing Costs with USDA Home Loans
The USDA home loan doesn’t require a down payment, which keeps “cash to close” as low as possible. Typically, it’s the down payment that keeps many buyers from buying a home when they want, but can’t because they need to save up for a down payment. Certainly, a 100% loan like USDA helps. But there […]
FHA Loan Guide For Daytona Beach Home Buyers
The FHA home loan continues to be a popular home financing option for home buyers in Daytona Beach. But it’s important for buyers to understand what they are getting. Being a Government-backed program, the FHA mortgage is one of the most conservative mortgages available today. Low down payment of only 3.5%, and even 100% FHA […]
100% USDA Home Loans Naples & Collier County
USDA offers a great option for first-time homeowners in Naples Collier County seeking 100% financing. Buyers just don’t have many options today to purchase a home with NO money down. In fact, VA and USDA Rural Housing are the only government loan options that still allow Naples buyers to purchase a home with $0 cash […]
North Carolina First Time Buyer Approval Process
Buying your first home can be both exciting and scary at the same time. At the very first mention of buying your first home, suddenly there are real estate agents, insurance agents, friends and mortgage lenders who seem to appear willing to help. Yet knowing you want to buy your first home and finding out […]
Virginia First Time Buyer Information
The housing market is going strong with increased buying activity through Virginia. More first-time home buyers are now entering the market and looking for mortgage plans that offer limited down payment and secure fix rate terms. The USDA (United States Department of Agriculture) still offers 100% financing home loans across eligible rural housing locations in […]
New Changes For FHA Home Buyers With Student Loans
FHA recently announced new guidance for new applicants that have student loans. The new guidelines help to remove obstacles and provide more access to affordable single-family FHA-insured mortgage financing for creditworthy home buyers that have student loan debt. This is great news since the majority of the FHA loan applicants are first-time buyers with already […]
Tampa FHA 203K Mortgage Loan
The FHA 203k is offered by the Federal Housing Administration, via approved FHA lenders and allows homebuyers in Tampa to purchase a fixer-up property with as little as a 3.5% down payment. This mortgage program is different from the standard FHA 203b loan. The 203K allows home buyers to purchase a home without using their […]
Richmond FHA Home Lending Requirements
Prior to the introduction of the FHA mortgage program way back in 1934, lending guidelines were inconsistent. Prior to the FHA loan, banks could ask for 30 or 40 percent or more for a down payment. Buyers also had to have a standing relationship with the bank. Mortgage loans were issued for a relatively short […]
Clay County VA Loan Advantage
The VA mortgage offers many advantages for Clay County home buyers looking to purchase a home. Below we will discuss some VA loan advantages. Homebuyers in Fla, GA, – please contact us at 904-342-5507 with any questions or to learn more. 100 FINANCING – NO DOWNPAYMENT Nearly all mortgage programs today require you to […]
Beyond Interest Rates, What Buyers Should Look For in a Mortgage?
Getting your financing lined up when starting the home buying process is one of the first things that should be done by any homebuyer. You can speak with a loan officer over the phone who can guide you through the process and even prequalify you over the telephone regarding how much you might be able […]
Georgia USDA Loan Eligibility Checklist
Many locations in Georgia are still eligible for 100% USDA rural housing. Homebuyers considering a USDA home loan should first check they meet the USDA loan eligibility requirements. Below is a basic checklist of items that will determine if you are eligible for USDA financing. Keep in mind, the program has certain eligibility and qualifying […]
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 […]