Typically, when purchasing a home, a buyer will have two types of out-of-pocket expenses: down payment and settlement charges.
With a USDA no down payment loan, the burden of a down payment is eliminated. However, remember... Read More
What are the required distances for well and septic on USDA and FHA loans?
Understanding USDA and FHA loan distance requirements between a well and septic are critical when determining eligibility and because it can be common... Read More
The goal of Florida SHIP funds is to provide affordable homeownership for first-time homebuyers. They can be used for a variety of purposes, including being combined with a USDA loan. In turn, SHIP funds can help maximize... Read More
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... Read More
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... Read More