Minnesota VA Loan The many women and men who serve our country in the armed forces deserve our utmost respect. They willingly sacrifice themselves in the pursuit of our country’s freedom. It is for this very reason that the Department of Veterans Affairs introduced VA loans. Unique Minnesota VA Home Loan Features The VA home loan […]
If you want to use rental income to help finance an investment property, a debt service coverage ratio (DSCR) mortgage could meet your requirements. The cash flow from the property can be used to qualify for the loan without needing to provide additional income documentation, such as tax returns. But is a DSCR loan right […]
Summer curb appeal tips broken down by US regions including Northeast, Southeast, Midwest, Southwest and Northwest. Plus tips from 14 professionals!
Rather than provide their kids or grandkids with a check as a down payment on a home, some people choose to offer a gift of equity on an existing home.
The United States Department of Agriculture (USDA) offers a loan program known as the USDA Guaranteed Rural Housing Loan or just USDA Rural Housing mortgage. This program has been around for a number of years and is a great option for buying a home. The USDA Rural Housing Mortgage program is unique in three ways […]
The FHA 203k loan is a good way to buy a home and also get the extra money that can be used for renovations, repairs or both. There are good points and bad points to the loan and all of these should be considered before making a decision to purchase a property.
After the financial problems of the Great Depression, the federal government created the Federal Housing Administration and approved lenders to offer the FHA mortgage. This single action by the government created one of the most popular types of loans that are still used today. Listed below are guidelines and basic information about the FHA program for Wisconsin […]
Indiana USDA Rural Development Mortgage When looking to buy a home in Indiana, saving a large down payment could delay your purchase for years. Your lender might require 5% of the sale price as a down payment to qualify for the loan, but with a USDA Rural Housing guaranteed home loan, this is something you […]
Higher VA Loan Amounts at Lower Rates! With no max loan amounts and interest rates significantly below comparable jumbo products, there’s no better time to consider jumbo VA loans! An eligible veteran is a person who served on active duty in the Army, Navy, Air Force, Marines, or Coast Guard, and who, (except for a […]
Qualify for a Bank Statement Loan for the Self-Employed While the mortgage crisis from 10 years ago may have changed the way mortgages are offered, the bank statement loan program is still available under the right circumstances. This type of non-qualified mortgage loan will require some documentation for the down payment and income, but it […]
