All articles about United States Department of Housing and Urban Development

FAQ – How Will a Government Shut-down Delay My Mortgage Loan Application?

faqThere’s been a lot of rhetoric coming from both sides of the congressional aisles these days; from Democratic and Republican parties and even a few in between. But  recently the media has begun reporting government shutdown fallacies as facts. I’ve stayed out of this very heated political discussion for obvious reasons, but when a client recently sent me this article Shutdown impact: Tourists, homebuyers hit quickly from of all places the Associated Press, I just had to respond.

Answer(s)

Continue reading FAQ – How Will a Government Shut-down Delay My Mortgage Loan Application?

How to Sell Your House for Top Dollar Fast!

In a slow housing market, a competitive edge can be  the … More How to Sell Your House for Top Dollar Fast!

USDA Lending Tip; Eligible Homes Locator Map

According to the USDA Guaranteed Rural Housing Development Program and  under the Section 502 program, Housing must be modest … More USDA Lending Tip; Eligible Homes Locator Map

FAQ – What is the FHA Gift Funds Section 1010 Verbiage

FHA Underwriting Tip;

FHA allows a borrower to meet the minimum statutory investment by using gift funds from either a close family member, government agency or approved non profit.
FHA requires that all gift letters include the section 1010 verbiage below –

3 Down Payment Assistance Programs for Raleigh Homebuyers

three little known down payment grants for home buyers in Raleigh North Carolina