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 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
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How Long Does it Take to Close on a USDA Loan?
Front Page | USDA Loan Process | USDA Loans | Posted on November 1, 2019 at 2:14 pm by Sean Stephens
What is the Closing Time on A USDA Loan? How long is the USDA loan process? It is common for us to receive questions on how long it takes to close a USDA loan, and in today’s short video we
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Your credit score just dropped, how can you still qualify for a USDA Loan?
Front Page | USDA Credit Qualifying | USDA Loans | Posted on October 18, 2019 at 12:09 pm by Sean Stephens
Just because your credit score took a recent drop, doesn’t mean it’s the end of the road for a USDA mortgage. In fact, it’s possible to increase that credit score in less than a week! As you can imagine, this
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Do USDA loans have an acreage limit?
Front Page | USDA Loans | USDA Property Eligibility | Posted on August 16, 2019 at 4:16 pm by Sean Stephens
Is there an acreage limit with a USDA Rural Home loan? When working rural areas, it is common to ask how many acres can you buy with a USDA loan? Thankfully due to updated guidelines, it is now a more simplified process
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Are USDA or FHA loans better?
FHA Loans | USDA Loan Benefits | 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
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2019 USDA Income Limits have been increased!!
Front Page | USDA Loan Process | USDA Loans | Posted on July 26, 2019 at 12:23 pm by Sean Stephens
While many know that it is possible to make too much money for a USDA loan, what they don’t realize is just how high 2019 USDA income limits actually are! USDA recently announced an increase to their household income limits
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How do you calculate a USDA monthly payment?
USDA Loan Process | USDA Loans | Posted on May 3, 2019 at 11:30 am by Sean Stephens
When trying to use a USDA loan calculator – be careful! Many online mortgage calculators are simply not designed to handle calculating USDA specific monthly payments. They may leave out other important items such as property taxes, homeowner’s insurance, and any
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Can you Qualify for a USDA Loan if you have recently graduated?
USDA Loans | What is a USDA Loan? | Posted on April 5, 2019 at 12:01 pm by Sean Stephens
If you have recently graduated, how long does it take to qualify for a USDA loan? As the saying goes, the more things change the more they stay the same. I start off by saying this because we are seeing
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Can Florida SHIP Funds be combined with a USDA loan?
Front Page | USDA Loan Process | USDA Loans | Posted on March 22, 2019 at 12:42 pm by Sean Stephens
Today’s video will show you how the Florida SHIP funds program can be combined with a USDA loan to help maximize affordability for first-time homebuyers. Also, for those who are not familiar with Florida SHIP funds, I will cover the basics
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Do USDA loans require an earnest money deposit?
Front Page | USDA Loan Process | USDA Loans | Posted on March 8, 2019 at 5:37 pm by Sean Stephens
Is an earnest money deposit required on a USDA loan? Many think that 100% financing is the same as “no money out-of-pocket”, but just because there is not a down payment involved, minimum out-of-pocket expenses may still be required. In
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