WELCOME!!!

Hello!  and thank you for visiting my blog site!  Have you ever wondered why the mortgage process is so difficult or if you could begin the process seamlessly without having to pay $ upfront?  Let me tell you, a lot of things have changed with the mortgage process today, but that doesn't mean that you should sacrifice the four S's: SOLUTIONS, SINCERITY, SECURITY, & SERVICE.  Because the process for becoming a mortgage loan officer has become more exclusive, a lot of mlo's are foregoing the standards of professionalism, creativity & service that anyone would expect.

For you home buyers, there are options galore that require little to no money (3.5%-0% down)!  These programs are known as government sponsored programs because they are backed by the federal government so that lenders like me can lend with a lower down payment from the buyer, and know that are funds are secured if the borrower defaults.  These programs include: FHA loans, VA loans, USDA loans, and CHFA loans and are great options for those who may not have a lot of funds to put down on a new home purchase or those who need a different option for a refinance.

Seeing as how today is Veteran's day, let's feature VA loans:

•        100% Financing for eligible Veterans with available entitlement

•        No Monthly Mortgage Insurance

•        Maximum Total Allowable DTI is flexible with compensating factors

•        2.15% Funding Fee for 100% loans (Guarantee fee is less for 5% or

•        10% down (Exempt if at least 10% Disabled)

•        Available for 1-4 family houses

•        2-4 Family Houses Require 6 Months Reserves

•        Property must pass a VA appraisal

•        620 Minimum Credit Score

•        3 Months Reserves Required for any additional rental properties owned.

•        Maximum 4% Seller Concessions Only Applies to Non-Closing

•        Costs! Unlimited Concessions for Closing Costs.

•        No Maximum Loan Amount! (Must put down 25% of over 417,000)

•        You can use your entitlement more than once as long as the old VA loan has been paid in full first

Most lenders are not experts in the loans referenced above; however, my team and I are.  Give me a call if you have any questions and make it a fantastic day!