USDA mortgage loans are so popular (especially in Georgia Florida and Alabama) because they allow first time or subsequent homebuyers to purchase a primary residence with no money down and with low monthly payments. The USDA National Office just announced on June 16, 2015 that effective with guaranteed loan obligations on or after October 1, […]
Meet one of the country’s top-producing Mortgage Loan originators, John Adams and his team have created a special place in the mortgage business. His team excels at closing all types of purchase and refinance mortgage loans: FHA, Conventional, VA, USDA, Jumbo, Construction-to-Permanent, Condominiums and Renovation Loans. John was voted as one of “Jacksonville’s Top Mortgage Professionals” by Jacksonville Magazine in 2015. In 2014, imortgage and John Adams focused on the renovation lending platform, earning him top rankings for renovation loan production. He is also an accomplished public speaker who educates realtors throughout Florida, Georgia, Alabama, Virginia and Tennessee on Renovation Finance and how it can help them grow their business. He teaches the only 3 hour education on the subject approved by the Florida Real Estate Commission.
One of the additional benefits that John and his team bring to the table is being an authority on renovation loans: FHA 203k, Fannie Mae HomeStyle® renovation, and even VA renovation mortgages. John and his dedicated imortgage team have simplified and the home buying process, while a creating a great home-buying experience for both the buyers and sellers. He is a member of the Northeast Florida Association of Realtors (NEFAR), Graduate of the Leadership Academy, heads up board positions for the sales and marketing council for the Northeast Florida Builder’s Association. John is a Crystal R for RPAC REALTOR® Political Action Committee and serves as the 2015 Chair for NEFAR. As a born and raised Florida native family man, John has seen the effects of the housing market in the area. Allow John and His to show you a better way home.
Entries by jadams
Veterans can buy distressed real estate using their VA benefit. An exclusive product at imortgage for veterans today is available for VA renovation lending. Veterans can buy a home in almost any condition and deal with repairs after closing with this product. Many agents and customers alike have had the question: ”is there a 203k […]
We are making waves from Amelia Island in Fernandina Beach Florida today talking to you today about Homepath. Fannie mae has all of their foreclosure homes for sale online at www.homepath.com . The no longer has the Homepath Financing but do have a new buyer incentive program for first time homebuyers to encourage them to […]
How are the fees different on renovation loans compared to regular loans? We want to tell you about the different fees associated with renovation loans. Most people’s first concern is usually with rate more than how fees are different than a regular loan. Use a step-by-step approach try to find out which loan program is […]
Renovation loans are a hot topic! Most borrowers try to figure out how to do as little renovation work in the loan as possible to meet minimal appraisal standards and keep the loan amount down. Some want to save some work for after closing for themselves to do but several renovation loan customers have buyers […]
John and Tu are in North Shore in Jacksonville Florida this week for the renovation minute. They are talking about opportunity for people to be able to find homes with some scratch and dent quality that allows you to win on equity and customization. Most ready to move in homes right now are going quick […]
Va renovation loans? They are here finally! Join John Adams Tu Mullins and John Meadows as they discuss the details of what Va renovation looks like from the only company that is doing it! Veterans can now use their benefit to purchase and get improvements inside of their mortgage for purchase or for refinance. Learn […]
On this renovation minute we have three tips this week on how to make your renovation loan a success. 1. Get up close and personal with your contractor. Collect all documents as well as the bid and make sure they have the administrative competency to get you the documents the process demands quickly. 2. Consult […]
By Presidential order the monthly premiums on FHA loans were reduced for case number after January 26th, 2015. This is great news as it lowers payments and can qualify more borrowers for home. For Renovation loans, especially 203k loans this means you can qualify for more repairs or pocket the savings. Please read the FHA […]
Thanks for joining us on the renovation minute. We are bringing you three ways to help keep transactions together with Freddie Mac. 1. For self employed borrowers on Freddie they now only require one year of tax returns to income qualify instead of having to average two full years 2. The schedule most folks use […]
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