USDA Mortgage Calculator: Here’s how to CORRECTLY calculate a USDA monthly payment
USDA Loans | Posted on October 16, 2020 at 12:04 pm by Sean Stephens
So, how do you CORRECTLY calculate a USDA payment? Unfortunately, many USDA mortgage calculators have not been designed to handle USDA specifics and thus end up providing inaccurate numbers. As such, today’s video reviews exactly what should be calculated in
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How can a USDA Debt Ratio Waiver increase your maximum sales price?
Front Page | USDA Loans | 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
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3 USDA Financing Facts Every Seller Should Know
Front Page | USDA Approved Lender Benefits | USDA Loans | Posted on August 28, 2020 at 5:00 pm by Sean Stephens
Sellers can sometimes be hesitant to accept USDA financing for their property, but this is often due to common misconceptions about the USDA program. With that being said, today’s video focuses on 3 important USDA Financing facts that every seller
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Three ways to improve USDA Debt to Income Ratios!
USDA Approved Lender Benefits | Posted on June 19, 2020 at 1:52 am by Sean Stephens
What are three ways to improve USDA Debt to Income Ratios and also increase your sales price? Unfortunately, many of today’s lenders do not fully understand the USDA program or how to maximize its benefits, which can leave homebuyers extremely
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USDA Single Family Housing Guaranteed vs Direct – What’s the difference?
Front Page | USDA Loans | Posted on June 5, 2020 at 2:36 pm by Sean Stephens
USDA Rural Development offers single family housing loans under two similar, but at the same time very different programs. While this can lead to confusion among homebuyers and Realtors, today’s video will break down differences between the USDA Single Family
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UPDATE – Improved Qualifying for USDA Overtime Income, Bonuses, and Commissions
Front Page | USDA Loans | Posted on March 20, 2020 at 4:57 pm by Sean Stephens
In order to maximize your USDA sales price, calculating all available income is critical! However, because everyone is not paid the same, it is also important to understand the most recent and updated qualifying guidelines used for calculating USDA overtime
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What are USDA qualifications for those with little or no credit history?
Front Page | USDA Loans | Posted on February 28, 2020 at 2:55 pm by Sean Stephens
It is possible to qualify for a USDA loan with little or no credit history? When a homebuyer does not have an established credit history, USDA qualifications allow the ability to utilize non-traditional credit accounts. In today’s video, I’ll discuss
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USDA and VA loans are No Down Payment mortgage options with BIG differences!
USDA Loans | VA Loans | Posted on February 7, 2020 at 2:42 pm by Sean Stephens
As a USDA and VA approved lender, one of the most common questions I receive is, “What are the differences between USDA and VA loan?”. Both USDA and VA loans are great no down payment mortgage options. However, it’s vital that
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What are current USDA income limits in Florida?
Front Page | USDA Loans | Posted on February 5, 2020 at 4:39 pm by Sean Stephens
Often times, home buyers and realtors are often surprised at how high USDA income limits in Florida actually are. In fact, these high limits benefit families who are trying to increase their maximum USDA qualifying sales price. For more USDA
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Is an Earnest Money Deposit Required With a USDA No Down Payment Loan?
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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