Many times a buyer will find the perfect home and it just needs a some fixes – these home can be purchased with a 203k FHA loan. Although these loans can be tricky and the buyer, agent, lender and yes even the seller should be aware of the process they can be done. Half the […]
Can The Seller Pay My Closing Costs
Different loan programs have different requirements, but almost all allow for the seller to pay part or all of your closing costs. This is one of the many details you should discuss with your agent and your lender prior to writing an offer. This does have an impact on your offer and does need to […]
Mortgage Insurance – What Is It?
Wondering what Mortgage Insurance is? Simple and clear explanation along with a video created to let you the consumer know what you are paying for.
100% Financing Central Oregon
Did you know you can still obtain 100% financing? Most of Central Oregon falls into the areas allowed for a USDA home loan (with the exception of the City Limits of Bend). Although the funds are not always available it is a choice you should always talk to your lender about.
What is DTI – Debt to Income
Confused about what DTI is for your loan process – video explains this term and many more. Debt to Income has a top and a bottom, make sure you know what the experts are talking about Home Loan Ninjas explain DTI very simply.