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
Continue Reading…
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
Continue Reading…
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
Continue Reading…
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
Continue Reading…
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
Continue Reading…
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,
Continue Reading…
When is verification of rent required for USDA eligibility?
Front Page | USDA Credit Qualifying | USDA Loan Eligibility | USDA Loans | Posted on October 30, 2020 at 5:50 pm by Sean Stephens
Do USDA loans require verification of rent? Do you have to prove previous rental history in order to be USDA eligible? Today’s topic is important because USDA guidelines do not always require verification of rent. In this short video, I’ll
Continue Reading…
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
Continue Reading…
Private Roads: How do you qualify for a mortgage with a house on a private road?
Conventional Loans | FHA Loans | USDA Loans | USDA Property Eligibility | VA Loans | Posted on September 25, 2020 at 12:25 pm by Sean Stephens
Once you have found the perfect home, what should you do if the property is located on a private road? How can a private road affect your mortgage approval? Thus, today’s video will discuss what to do when the property
Continue Reading…
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
Continue Reading…
