Florida Intangible Tax and Transfer Tax – How do you calculate these closing costs?
Conventional Loans | FHA Loans | Front Page | USDA Loan Process | Posted on April 16, 2021 at 3:59 pm by usdaadmin
When purchasing a home, you never want to be surprised with out-of-pocket expenses. Remember, even when purchasing with a USDA No Down Payment Loan, you still have to be prepared for other costs to complete the transaction which include Florida Intangible
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What are the filing requirements for the Florida Homestead Exemption?
Conventional Loans | FHA Loans | Front Page | USDA Loans | VA Loans | Posted on January 15, 2021 at 10:43 am by usdaadmin
The Florida Homestead Exemption helps homeowners save money on their property taxes by reducing the taxable value of their property which in turn lowers the amount of property taxes levied. However, timing and eligibility details are critical when qualifying for
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2021 Mortgage Loan Limits: USDA, VA, FHA and Conventional Loans
Conventional Loans | FHA Loans | USDA Loans | VA Loans | Posted on January 8, 2021 at 11:11 am by usdaadmin
Mortgage loan limits are on the rise in 2021, but it’s not the same limit across programs. In fact, USDA, VA, FHA, and Conventional loan programs each have their own limits. This is why it’s important for us to quickly
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Private Roads: How do you qualify for a mortgage with a house on a private road?
Conventional Loans | FHA Loans | USDA Loans | USDA Property Eligibility | VA Loans | Posted on September 25, 2020 at 12:25 pm by usdaadmin
Once you have found the perfect home, what should you do if the property is located on a private road? How can a private road affect your mortgage approval? Thus, today’s video will discuss what to do when the property
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How do you Qualify for a Mortgage after Chapter 13 Bankruptcy?
Conventional Loans | FHA Loans | USDA Credit Qualifying | USDA Loans | VA Loans | Posted on January 10, 2020 at 6:44 pm by usdaadmin
After filing for Chapter 13 bankruptcy, many feel homeownership is a dream that is out of their reach. However, in today’s video, I’ll explain how you CAN qualify for a mortgage after Chapter 13 bankruptcy. In fact, with USDA, FHA,
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These are the 2020 maximum loan amounts for USDA, VA, FHA and Conventional Loans
Conventional Loans | FHA Loans | USDA Loans | VA Loans | What is a USDA Loan? | Posted on December 27, 2019 at 11:02 am by usdaadmin
The maximum loan amounts have increased in 2020! This week’s blog highlights the updated maximum loan amounts for USDA, VA, FHA, and Conventional loans. Maximum Loan Amounts: USDA Single Family Guaranteed Rural Home Loan Program Do USDA Loans have a
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After a Short Sale, how long does it take to qualify for a mortgage?
Conventional Loans | FHA Loans | USDA Credit Qualifying | USDA Loans | VA Loans | Posted on December 6, 2019 at 3:22 pm by usdaadmin
How soon can you qualify for a mortgage after a Short Sale? It is possible to qualify to purchase a home after a short sale, but waiting periods will apply and vary between USDA, FHA, VA, and Conventional loans. Depending on the type of loan
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How does a Chapter 7 Bankruptcy impact my ability to qualify for a USDA, FHA, VA, or Conventional loan?
Conventional Loans | FHA Loans | USDA Credit Qualifying | USDA Loans | VA Loans | Posted on November 22, 2019 at 4:19 pm by usdaadmin
How soon can you qualify for a mortgage after Chapter 7 bankruptcy? According to statistics released by the Administrative Office of the U.S. Courts, from 2015-2019 there have been over 2.5 million Chapter 7 Bankruptcies filed. However, even with a
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After a Chapter 7 Bankruptcy, Here’s How to Qualify for a Mortgage
Conventional Loans | FHA Loans | USDA Credit Qualifying | USDA Loans | VA Loans | Posted on at 4:19 pm by usdaadmin
How soon can you qualify for a mortgage after Chapter 7 bankruptcy? According to statistics released by the Administrative Office of the U.S. Courts, from 2015-2019 there have been over 2.5 million Chapter 7 Bankruptcies filed. However, even with a
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After a foreclosure, how soon can you qualify for a mortgage?
Conventional Loans | FHA Loans | Front Page | USDA Credit Qualifying | USDA Loans | VA Loans | Posted on November 15, 2019 at 3:46 pm by usdaadmin
Do foreclosure waiting periods depend on the mortgage type? In working with so many of our customers over the years, we have found that foreclosures often occur due to circumstances outside of the homeowner’s control, rather than financial mismanagement. With
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