There many conventional mortgages today that do not require any down payment of around 10%, which is why low down payment programs like FHA remain a popular choice for Charlotte first time buyers. The FHA program started back in … [Read more...] about Charlotte FHA Loans – How Much Down Payment?
USDA Loan News
FHA (Federal Housing Administration) released the new mortgage loan limits for 2019. These higher loan limits will help more home buyers qualify for the low down payment financing. The loan limit in most standard locations will … [Read more...] about FHA Increases Loan Limits For 2019
Many locations in South Carolina are still eligible for 100% USDA financing. USDA Rural Housing is a great way for SC first time homeowners to purchase a home with no money down! USDA does have some loan qualifying guidelines … [Read more...] about USDA Mortgage Guide South Carolina
St. Louis Jumbo loan requirements have recently expanded allowing for more flexibility and reduced down payments. Approved home buyers now have financing options available with as little as 5% down payment. This is great for … [Read more...] about Low Down Payment Jumbo Loans St. Louis
We often receive questions regarding how long does it take to close USDA loan? In this post, we will shed some light on the USDA mortgage closing process and the timelines involved. First, it's important to understand the USDA … [Read more...] about How Long Does It Take To Close USDA Loan?
USDA just published new household income limits for the 502 Guaranteed Loan program. The newly increased income limits will be in place for the remaining part of 2018, and likely most of 2019. The USDA loan program has two … [Read more...] about New 2019 USDA Mortgage Household Income Limits
USDA stands for United States Department of Agriculture. In the past, many people think of USDA as “farmer loans” mostly used to purchase homes only in country agricultural areas. That not so much the case today with the USDA home … [Read more...] about Arizona USDA 502 Housing Program Guide
We’re already well on our way to the semi-official home buying season. While the weather is less of a factor when looking for a home in Tampa, Florida or anywhere in Hillsborough County year-round, when spring has sprung and the … [Read more...] about What Tampa First Time Home Buyers Can Expect in 2019
FHA still remains a popular mortgage program for Michigan home buyers. Low 3.5% down payment, secure fix interest rates, and quick closings are just a few benefits the program offers. You might be wondering exactly how you go … [Read more...] about FHA Loan Prequalify Michigan Home Buyers
The VA home loan program was originally part of the Serviceman’s Readjustment Act of 1944 and provided a host of benefits to returning soldiers after WWII. One of these benefits was the VA home loan program which allowed the … [Read more...] about Pensacola VA Mortgage Details