We've made a change to our Underwriting Guidelines based upon Agency Policy changes regarding your Home Owner's Insurance Policy. What does that mean? It means that for many homeowners who are …
HomeReady and Home Possible Advantage
Down Payment for a home is generally believed to be the biggest obstacle facing first time home buyers in NC. About 11% of conventional mortgages written in the 2nd quarter of 2017 had an LTV above …
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Inspection Report Requirements
When you buy a house, you might be in a situation where you need a Pest Inspection (look for termites), a Septic Inspection, or a Well Inspection. Sometimes, these costs can be included in the …
Can You Buy A House With A Tax Lien
For the last 30 plus years I've been a Lender we could not make a loan to anyone who had a tax lien attached to their credit report. But what if it isn't a lien, what if you just OWE the Federal …
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First Time Home Buyers Are Not Using FHA
"Millennials have long been called the next wave of home buyers." I don't know why this is "shocking" because the US Housing Market has always relied on First Time Home Buyers coming into the market …
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Mortgage Credit Certificate Program and Tax Reform
UPDATE TO THIS POST 1/21/2018: Now that the final legislation has passed Congress, we received this notification from NC Housing Finance Agency: Congress has formally passed tax reform legislation …
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