What are the differences between FHA and USDA loans in Florida, Texas, Tennessee, or Alabama?
What is a USDA Loan? | Posted on October 28, 2022 at 12:13 am by Sean Stephens
What are the differences between FHA and USDA loans in Florida, Texas, Tennessee, or Alabama? When first-time home buyers are comparing a USDA Rural Housing Loan vs. the the FHA loan program, it is important to understand the differences between
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What are the Differences Between USDA and VA Home Loans?
USDA Loan Benefits | USDA Loans | VA Loans | What is a USDA Loan? | Posted on February 25, 2022 at 3:34 pm by Sean Stephens
What are the differences between USDA and VA Home Loans? There are three important differences between USDA and VA home loans. As many of us know, both USDA and VA loans offer no down payment financing, which makes them great
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Improved USDA Guidelines on Student Loans!
Debt Ratios | Front Page | USDA Loan Process | USDA Loans | What is a USDA Loan? | Posted on March 20, 2021 at 12:00 pm by Sean Stephens
As we all know, student loan debt can have a major impact on mortgage qualifying! In today’s topic, I’ll explain how improved USDA guidelines on student loans have led to qualifying improvements. Understanding the details can mean the difference between
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USDA No Down Payment Loans – How do you become USDA eligible?
Front Page | USDA Loan Eligibility | USDA Loans | What is a USDA Loan? | Posted on November 6, 2020 at 2:56 pm by Sean Stephens
The USDA loan program is sought after by homebuyers due to their 100% financing, affordable terms, and flexible credit qualifying. That is why it is so important to understand the basics on how to become USDA eligible. In my opinion,
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USDA Mortgage Calculator: Here’s how to CORRECTLY calculate a USDA monthly payment
USDA Loan Process | USDA Loans | What is a USDA Loan? | Posted on October 16, 2020 at 12:04 pm by Sean Stephens
So, how do you CORRECTLY calculate a USDA payment? Unfortunately, many USDA mortgage calculators have not been designed to handle USDA specifics and thus end up providing inaccurate numbers. As such, today’s video reviews exactly what should be calculated in
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How can a USDA Debt Ratio Waiver increase your maximum sales price?
Front Page | USDA Loan Process | USDA Loans | What is a USDA Loan? | Posted on October 2, 2020 at 12:45 pm by Sean Stephens
What happens if your qualifying budget needs a little boost in order to qualify for a home that seems to be just out of reach? What if you were just denied for a loan because your USDA debt-to-income ratios were
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Is your lender’s USDA approval time affected by USDA’s fiscal year-end?
Front Page | USDA Loans | What is a USDA Loan? | Posted on September 18, 2020 at 3:21 pm by Sean Stephens
Don’t let a lender hold up your closing because they say the “USDA is out of money”! USDA’s fiscal year runs from October 1st until September 30th and at the beginning of each fiscal year, the USDA Single Family Housing
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3 USDA Financing Facts Every Seller Should Know
Front Page | USDA Approved Lender Benefits | USDA Loans | What is a USDA Loan? | Posted on August 28, 2020 at 5:00 pm by Sean Stephens
Sellers can sometimes be hesitant to accept USDA financing for their property, but this is often due to common misconceptions about the USDA program. With that being said, today’s video focuses on 3 important USDA Financing facts that every seller
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What USDA closing costs can be included with your loan?
USDA Loan Process | USDA Loans | What is a USDA Loan? | Posted on June 26, 2020 at 7:30 pm by Sean Stephens
A common question that I receive is whether you can “roll-in” your closing costs with a USDA loan because many have heard through second hand sources that closing costs are automatically included with your USDA loan. However, in today’s short
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How do you qualify for a USDA mortgage when self-employed?
Front Page | USDA Loans | What is a USDA Loan? | Posted on June 12, 2020 at 2:51 pm by Sean Stephens
Qualifying for a USDA mortgage when you are self-employed can be both confusing and frustrating. However, in today’s video, I will review a three-step qualifying approach which can help to both relieve anxiety and further explain the process. Before we
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