There’s been a lot of rhetoric coming from both sides of the congressional aisles these days; from Democratic and Republican parties and even a few in between. But recently the media has begun reporting government shutdown fallacies as facts. I’ve …
FAQ – How Will a Government Shut-down Delay My Mortgage Loan Application? Read more »
In a slow housing market, a competitive edge can be the difference between a house that sells fast and a house that languishes on the market doomed to the fate of numerous failed price reductions is presentation. Home Staging might …
Due to the recent crisis of confidence by mortgage investors the zero down-payment loan programs disappeared faster than a keg of beer at a frat party! Apart from VA and USDA Rural Development loans there are very few true 100% …
According to the USDA Guaranteed Rural Housing Development Program and under the Section 502 program, Housing must be modest in size, design, and cost. Houses constructed, purchased, or rehabilitated must meet the voluntary national model building code adopted by …
FHA Underwriting Tip; FHA allows a borrower to meet the minimum statutory investment by using gift funds from either a close family member, government agency or approved non profit. FHA requires that all gift letters include the section 1010 verbiage below – …
FAQ – What is the FHA Gift Funds Section 1010 Verbiage Read more »
three little known down payment grants for home buyers in Raleigh North Carolina