Blog
Blog
Maximum Mortgage Worksheets & renovation loans
The maximum mortgage worksheet is typically used by internal mortgage professionals. It is used to determine the total renovation dollars and loan amounts. There are several factors that should be… Read More
VA Renovation Loan Myths
There is a tremendous buzz around VA Renovation Loans today . They are similar to an FHA 203K repair loan but available for eligible VA beneficiaries (active duty or prior… Read More
Renovation loans for manufactured homes?
I’ve recently been asked if you can do a 203k, or VA renovation loan on a manufactured home. The simple answer is yes! There are a few restrictions to keep… Read More
Case study in renovation lending
A case study in renovation lending on a Jacksonville Florida home located at 13723 Alesbury Ct Jacksonville FL 32224 reveals people are not just fixing a home to minimal standards but… Read More
VA Renovation loan options
Wouldn’t you like to provide your veteran customers financing on virtually any home? Could you help more veterans if you could buy the property in the condition it was in… Read More
Renovation loans are not scary – More renovation loan options take the fear out of renovation lending
The above picture is of the classic movie home from “Nightmare on Elm Street”. Someone actually bought and renovated it – read about nightmare on elm street renovation. We tend to… Read More
Property Type Matters FHA 203k Homestyle and VA renovation loan specialists
Does Property Type Matter? John Adams NMLS 442266 and Tu Mullins NMLS 657663 discuss different property types and the financing available to repair almost any home regardless of condition with FHA Conventional and now even VA renovation lending products. Call… Read More
Sourcing deposits – Get your assets to closing
Seasoning and sourcing deposits are among the most common hangups when clearing underwriting conditions on documentation for assets, gift funds. What is sourcing and seasoning funds for closing? John Adams… Read More
How is your income a liability – FHA 203k, Homestyle and VA renovation loans explained
Is your income a liability? John Adams and Tu Mullins discuss the importance of income and the documentation process of these items up front to help you navigate through FHA… Read More
Dont TRID on me! TRID checklist and changes. FHA 203k, Homestyle and VA Renovation lending experts
John Adams and Tu Mullins discuss the changes and impacts TRID is having on renovation lending the renovation lending form and how it affects you. Don’t TRID on me. Hi… Read More
USDA Announces Funding Fee Changes Effective October First 2015
USDA mortgage loans are so popular (especially in Georgia Florida and Alabama) because they allow first time or subsequent home buyers to purchase a primary residence with no money down… Read More
Fannie Mae Ready Buyer and Homepath incentives
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… Read More