USDA has long seen the benefit of a College Degree - and in fact USDA Home Loan Underwriters will use Higher Education as a "compensating factor" when a family is close on the debt ratios! Unlike FHA …
Mortgage Requirements With Deferred Student Loans
We've written many times about Student Loan Debt and the difficulty it causes for many home buyers in North Carolina (and across the country) to qualify for a mortgage. Many folks who are buying …
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Fannie Mae Update: Deferred Student Loans Conventional Mortgage
Fannie Mae is one of the "Big Dawgs" when it comes to Conventional Mortgage Loan Underwriting Guidelines. If they say something will work, most lenders / banks will follow that lead and approve loans …
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Refinance Options For FHA Mortgages
If you currently have an FHA Mortgage, we might want to peak and see if you're eligible for an FHA Streamline Refinance. This is a great program, that differs GREATLY from other mortgage programs! …
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FHA Streamline Refinance Rates For Loans Endorsed AFTER May 31, 2009
The new FHA Streamline Refinance Program that will begin on June 11, 2012 includes a special tier of FHA PMI rates for mortgage loans that were "Endorsed by FHA on or before May 31, 2009." But what …
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USDA Loans in Greensboro NC
We make a ton of loans to folks who live in Greensboro. We are especially attached to that area because that's where our daughter is in college. IF you are interested in buying a home in Greensboro …