How do you Calculate Florida Intangible Tax and Transfer Tax When Purchasing a Home
Conventional Loans | FHA Loans | Front Page | Posted on January 24, 2020 at 3:59 pm by Sean Stephens
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
Continue Reading…
After a Short Sale, how long does it take to qualify for a mortgage?
Conventional Loans | FHA Loans | USDA Loans | VA Loans | Posted on December 6, 2019 at 3:22 pm by Sean Stephens
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
Continue Reading…
Are USDA or FHA loans better?
FHA Loans | USDA Loans | Posted on August 9, 2019 at 1:00 am by Sean Stephens
What are the differences between a USDA and FHA loan? Do you know the difference between a USDA and FHA loan? While they both have similar characteristics, there are important aspects of each program which can impact a buyer’s out-of-pocket costs
Continue Reading…
Why is closing by December 31 so important for the Florida Homestead Exemption?
Conventional Loans | FHA Loans | Front Page | USDA Loans | VA Loans | Posted on November 9, 2018 at 11:43 am by Sean Stephens
Who is eligible for the Florida Homestead Exemption? At this time of year, timing is critical and for many the rush is on to close prior to December 31st, but it is also important to understand how the Florida Homestead
Continue Reading…
What are USDA and FHA distance requirements for well and septic?
FHA Loans | USDA Loans | Posted on May 4, 2018 at 11:18 am by Sean Stephens
What are the required distances for well and septic tanks on USDA and FHA loans? When working in rural communities, having a property that is on a private well can be common. However, there are critical measurements that need to
Continue Reading…
What are THREE key differences between USDA and FHA loans?
FHA Loans | Front Page | USDA Loans | Posted on February 16, 2018 at 9:22 pm by Sean Stephens
What are THREE key differences between USDA and FHA loans? As you can imagine, this is an extremely common question that I receive and in today’s video I will compare USDA and FHA loans side by side in order to
Continue Reading…
How are Florida “transfer taxes” and “intangible tax” calculated when purchasing a home?
Conventional Loans | FHA Loans | Front Page | Posted on January 12, 2018 at 12:17 pm by Sean Stephens
eHow does a homebuyer calculate Florida “transfer taxes” and “intangible tax”? When buying a home it is critical to understand what out-of-pocket costs may be due at closing. The State of Florida can assess certain taxes on both the transfer
Continue Reading…
Can a credit report security freeze slow down your mortgage qualification letter?
Conventional Loans | FHA Loans | USDA Loans | VA Loans | Posted on December 15, 2017 at 10:19 am by Sean Stephens
Can a credit freeze affect how you qualify for a mortgage? This has become a more common question due to the recent Equifax data security breach, and in light of today’s housing market where multiple offers can be placed on
Continue Reading…
How soon can you qualify for a mortgage after a Short Sale?
Conventional Loans | FHA Loans | USDA Loans | VA Loans | Posted on May 5, 2017 at 12:34 pm by usdaadmin
How long does it take to qualify for a mortgage after a Short Sale? With USDA, FHA, VA, or Conventional loans their Short Sale waiting periods vary, and while some are longer than others, in today’s video I will explain the
Continue Reading…
How soon can you qualify for a mortgage after a Chapter 13 Bankruptcy?
Conventional Loans | FHA Loans | USDA Loans | VA Loans | Posted on April 21, 2017 at 12:35 pm by usdaadmin
Can you get a mortgage immediately after discharge of a Chapter 13 Bankruptcy? With USDA, FHA, VA, or Conventional loans Chapter 13 Bankruptcy waiting periods can be more flexible when compared to Chapter 7. In today’s video I will explain
Continue Reading…
