Has Renting Become the New American Dream? If you have wondered if buying a home is right for you, think about this simple phrase “Everybody has to live somewhere and of course the location can be one of the deciding …
USDA RURAL DEVELOPMENT GUARANTEED RURAL HOUSING NEWS From the National Office in Washington DC June 15, 2011 GUARANTEED LOAN FUNDING UPDATE: SUMMER SIZZLES! GUARANTEED LOAN VOLUME UP! PLENTY OF FUNDING AVAILABLE! The Single Family Housing Guaranteed Loan Program (SFHGLP) …
$14 Billion in No Money Down Guaranteed Loans for Rural Homebuyers Read more »
In addition to these great tips in my home I implement a zero tolerance policy to cooking inside at all preferring to do all of my cooking outside! While nature’s thermostat rises, so does the cost of keeping your home cool, …
The USDA is begging for people to borrow their money! The program will be undergoing significant changes in October with the introduction of a monthly PMI. Until then they have plenty of money and are eager to lend it; GUARANTEED …
$24 BILLION DOLLARS ALLOCATED FOR GUARANTEED LOANS! Read more »
In April I wrote about a bill introduced in the North Carolina General Assembly HB/485 that I dubbed Cash For Contractors. The sole purpose of the bill was to reward home buyers of a newly constructed home in North Carolina with a …
In my free time I enjoy riding my Felt road bicycle. There is a cliché amongst cyclists, “there are two types of bikers, those who have crashed and those who haven’t crashed yet”. The same can be said about identity theft. It seems like once …
How to place a Security Freeze your Credit Reports Read more »
I recently had to engage in a transaction with the loss mitigation at the same bank that employs me. You would think there would be an unwritten code that Loan Originators and Loss Mitigation might share but alas, that simply …
The Supervisor… Really? (via TriangleAreaRealtor) Read more »
Veterans Loans The fact that a bankruptcy exists in an applicant’s (or spouse’s) credit history does not in itself disqualify the loan. Develop complete information on the facts and circumstances of the bankruptcy. Consider the reasons for the bankruptcy and the type of bankruptcy …
Underwriting Tip – Bankruptcy Waiting Periods – VA Read more »
A Chapter 13 bankruptcy does not disqualify a borrower from obtaining an FHA-insured mortgage, provided that the lender documents that one year of the pay-out period under the bankruptcy has elapsed the borrower’s payment performance has been satisfactory and all required payments …
Underwriting Tip – Bankruptcy Waiting Periods – FHA Read more »
Because I am an existing CLEAR customer I am thrilled to be chosen as Raleigh’s CLEAR Hero because it gives me the chance to let others discover for free how awesome it can be to surf the net on the go at 4G speeds. Now is probably a good time to let you know that although I am not being paid to say this I am being given the CLEAR SPOT to use without charge for the next 6 months as part of the CLEAR HERO program.