How do you Calculate Florida Intangible Tax and Transfer Tax When Purchasing a Home
Conventional Loans | FHA Loans | Front Page | USDA Loan Process | 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
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How Do You Search for Current USDA Loan Eligible Properties?
Front Page | USDA Loans | USDA Property Eligibility | Posted on January 1, 2020 at 10:38 am by Sean Stephens
Is the home you want in 2020 a USDA Loan eligible property? As many of us know, a key part of the USDA eligibility process is being able to find a home that is located in a USDA eligible area.
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Can you still qualify for a USDA loan with a Disputed Account on Your Credit Report?
USDA Credit Qualifying | USDA Loans | Posted on December 13, 2019 at 5:51 pm by Sean Stephens
Are there unintended mortgage consequences of disputing an account on your credit report? As per USDA Guidelines under the 3555 Handbook, “Disputed accounts on an applicant’s credit report are not considered in the credit score.” Meaning, the mere presence of
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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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How Do You Qualify for a USDA Mortgage with Student Loans?
USDA Loan Process | USDA Loans | Posted on October 11, 2019 at 2:53 pm by Sean Stephens
What Are Current USDA Student Loan Guidelines? As we all know, student loan debt can have a major impact on mortgage qualifying. In today’s topic, I will explain how you qualify for a USDA loan with student loans and discuss
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Can you include USDA home repair within a loan?
Front Page | USDA Loan Process | USDA Loans | Posted on October 4, 2019 at 11:55 am by Sean Stephens
USDA guidelines were recently updated and now allow a wider range of possible USDA home repair. In today’s video, I will explain both how it can be possible to finance home repairs with a USDA loan along with eligible types
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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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