How soon can you qualify for a USDA loan after Chapter 7 Bankruptcy?
USDA Credit Qualifying | USDA Loans | Posted on February 26, 2021 at 10:00 pm by Sean Stephens
Per the administrative office of the U.S. Courts, there were 659,881 non-business bankruptcies filed for the 12 month period ending June 2020. With that being said, many of those cases may not have been due to financial mismanagement, but instead
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Can You Qualify for a USDA Loan after Short Sale?
USDA Credit Qualifying | USDA Loans | Posted on February 12, 2021 at 10:00 pm by Sean Stephens
With the many short sales that were finalized in recent years, prospective buyers are now looking to re-qualify to purchase a home. Updated guidelines specifically address how to qualify for a USDA loan after a short sale, and today’s video
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Here’s what to do if your USDA Loan is Denied
USDA Loan Process | USDA Loans | Posted on February 5, 2021 at 10:00 pm by Sean Stephens
What happens if a USDA loan is denied after the contract is signed? Well, before your blood pressure starts to rise, remember that there are multiple ways a USDA loan can be approved. In today’s short video, we’ll discuss the
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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 Sean Stephens
The Florida Homestead Exemption helps homeowners save money on their property taxes by reducing the assessed value of their property which in turn lowers the amount of property taxes. However, timing and eligibility details are critical when qualifying for this
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A USDA home loan with Repairs… Yes, it’s possible!
Front Page | USDA Loan Process | USDA Loans | Posted on December 18, 2020 at 12:20 pm by Sean Stephens
USDA guidelines allow for a wide range of possible repairs. In today’s video, I’ll explain the eligible types of repairs and review how it’s possible to get a USDA home loan with repairs. Also, please download our USDA Blueprint for
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How Can You Speed Up USDA Approval Time?
Front Page | USDA Loan Process | USDA Loans | Posted on December 4, 2020 at 9:45 am by Sean Stephens
It’s a common misconception that all lenders, banks, brokers, and credit unions who offer USDA loans have the same systems in place. In reality, not all lenders are approved by the USDA and this can greatly affect your USDA approval
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USDA Acreage Limit: How many acres can you finance with a USDA loan?
Front Page | USDA Loans | USDA Property Eligibility | Posted on November 20, 2020 at 6:23 pm by Sean Stephens
With more and more buyers looking in rural areas, many of them also inquire about options for acreage and how much can be financed with a USDA loan. Well, the good news is that updated USDA guidelines now permit improved
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What are three important differences between USDA and VA loans?
USDA Loan Benefits | USDA Loans | VA Loans | Posted on November 13, 2020 at 4:31 pm by Sean Stephens
While USDA and VA loans are both fantastic no down payment financing options, they also have their own unique features and eligibility requirements. In today’s short video, I will break down and review three important differences between USDA and VA
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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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Is an Earnest Money Deposit Required With a USDA No Down Payment Loan?
USDA Loan Process | USDA Loans | Posted on January 31, 2020 at 4:22 pm by Sean Stephens
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 that no down payment
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