DEMYSTIFYING MORTGAGES FOR ALL

  • Gifts

    DID YOU KNOW:

    Only close family and relatives, such as aunts and uncles
    can “gift” you money for a down payment.
  • Failure Rate

    DID YOU KNOW:

    The failure rate for a home purchase is 20% on average.
  • No PMI Loans

    DID YOU KNOW:

    Many lenders have NO PMI loans, even if you have
    a down payment of less than 20%.
  • Veterans

    DID YOU KNOW:

    Veterans may qualify for a home purchase with
    no down payment using a VA Loan for purchase.
  • Condos

    DID YOU KNOW:

    Many condominiums are not FHA approved and therefore
    you will not be able to purchase the condo with an FHA Loan.
  • FHA Loans

    DID YOU KNOW:

    FHA Loans give you greater flexibility with your debt to income ratio.
    In short, you can qualify for more loan with less income.
  • Student Loans

    DID YOU KNOW:

    Student loans can throw your debt to income ratio out of whack
    and disqualify you from approval due to excessive debt.
  • Bankruptcy

    DID YOU KNOW:

    Bankruptcy does not disqualify you from getting an FHA Loan
    as long as it has been 2 years since the recorded discharge date,
    or 4 years for a Conventional Loan.
  • No Redactions

    DID YOU KNOW:

    Many lenders will not accept documents, such as bank statements,
    that have any portion that has been blacked out or tampered with.
  • Pre-Approval

    PRO TIP:

    Be sure to understand exactly how much loan you can be approved for
    before you fall in love with a home and get into a contract!
  • No Shifty Business

    PRO TIP:

    Don’t move around assets during the processing of your home purchase loan, as it will trigger the underwriters to ask repeatedly for updated bank statements.
  • Vet the Realtor

    PRO TIP:

    Not every Realtor can produce the same results, so be sure to
    check their credentials and experience.
  • Use Underwriter

    PRO TIP:

    Don’t just trust a pre-qualification from a licensed lending officer.
    Get pre-approved by an actual underwriter
    before you get into a home purchase contract.
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Demystify the mortgage process by watching our videos!

  • DID YOU KNOW:

    Only close family and relatives, such as aunts and uncles can “gift” you money for a down payment.

  • DID YOU KNOW:

    The failure rate for a home purchase is 20% on average.

  • DID YOU KNOW:

    Many lenders have NO PMI loans, even if you have a down payment of less than 20%.

  • DID YOU KNOW:

    Veterans may qualify for a home purchase with no down payment using a VA Loan for purchase.

  • DID YOU KNOW:

    Many condominiums are not FHA approved and therefore you will not be able to purchase the condo with an FHA Loan.

  • DID YOU KNOW:

    FHA Loans give you greater flexibility with your debt to income ratio. In short, you can qualify for more loan with less income.

  • DID YOU KNOW:

    Student loans can throw your debt to income ratio out of whack and disqualify you from approval due to excessive debt.

  • DID YOU KNOW:

    Bankruptcy does not disqualify you from getting an FHA Loan as long as it has been 2 years since the recorded discharge date, or 4 years for a Conventional Loan.

  • DID YOU KNOW:

    Many lenders will not accept documents, such as bank statements, that have any portion that has been blacked out or tampered with.

  • PRO TIP:

    Be sure to understand exactly how much loan you can be approved for before you fall in love with a home and get into a contract!

  • PRO TIP:

    Don’t move around assets during the processing of your home purchase loan, as it will trigger the underwriters to ask repeatedly for updated bank statements.

  • PRO TIP:

    Not every Realtor can produce the same results, so be sure to check their credentials and experience.

  • PRO TIP:

    Don’t just trust a pre-qualification from a licensed lending officer. Get pre-approved by an actual underwriter before you get into a home purchase contract.

Speak with a loan agent now!