We talk to "Fence Sitters" everyday. That's part of the Mortgage and Real Estate Business - talking folks off that fence, assuming it makes sense for them to do so. In many ways, you need to be part …
Credit Score Basics – For First Time Homebuyers
We recently talked to a "credit score expert" at one of the Credit reporting agencies. This was important to us, because there's so much information available online now - and some of it is just …
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Reporting Gift Funds for Downpayment
We get questions all the time from folks who want to understand WHO can give someone a gift for a down payment on a home. We also get a ton of questions about reporting Gift Funds for down payment. …
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How to Write a Contract With A DAP
First off - A DAP is the "mortgage babble term" for Down Payment Assistance Programs. These programs USE to be funded by a SELLER paid contribution - these days, however, "the Home Seller can only …
Seller Paid Closing Costs in NC 2015
We are seeing a paradigm shift, regarding Seller Paid Closing Costs in NC - that WE'VE never seen before. I've been in the Mortgage Business, in North Carolina since I was 15. If I say I've NEVER …
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Mortgage Qualification and Student Loans UPDATE
Since the Great Recession, we're talking to people with more than $70,000 in Student Loan Debt several times a week. For the most part, these are NOT lawyers or doctors, or folks who are otherwise …
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