With the economy being what it is... I guess more people are considering divorce. I haven't seen a "headline" about it, but we're certainly getting calls! If you're in that boat, my heart goes out …
FHA PMI Rates 2014
FHA Home Loans are backed by the US Government, and provide a default insurance for the Bank. This default mortgage insurance or FHA PMI rate is set to keep the mortgage insurance fund …
Best PMI Rates in NC
We rarely have someone call who wants to pay the HIGHEST Mortgage rate and figure out what the MOST expensive PMI Rates are! LOL! Everyone wants the BEST PMI Rates, and the LOWEST Mortgage rate …
“Compensating Factors” For USDA Home Loan Approval
At the very end of the USDA RD Home Loan Underwriting Guidelines there's a section that's titled "Compensating Factors." This brief section is for the situation where a borrower is just outside …
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USDA Loan Eligibility Maps for NC
The 2014 Farm Bill Congress passed actually did us a huge favor in NC. It says that USDA Rural Development must finally figure out which cities in North Carolina are "still" Rural, after all these …
Your USDA Home Loan Might Not Really Be Approved Anymore
This is an update based upon our own experience sending files through the GUS (the Automated USDA System) each day, and our conversations with Lenders across the US. These are NOT published changes …
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