Duplex Financing Options
OUR DUPLEX FINANCING OPTIONS ARE...
"TWO" GOOD TO PASS UP!
We take pride in asking all the right questions to help our clients select the best mortgage for their needs, and as a correspondent mortgage lender, we control the process from origination through closing; this means we underwrite, fund, and close “in house.” Here are some highlights of available programs (additional underwriting guidelines apply)...
FEDERAL HOUSING ADMINISTRATION (FHA)
- 580 minimum credit score.
- Immediate family can provide gift funds for down payment/closing costs.
- Options available to buy a home and finance the remodel costs.
- Flexible credit qualifying guidelines for debt-to-income ratios.
- Available for 1st-time home buyers and move-up buyers, too!
VETERANS ASSISTANCE (VA)
- No down Payment available to maximum loan limits.
- No monthly mortgage insurance required.
- Most VA loans include a funding fee, which may be financed into the loan amount.
- Flexible credit qualifying guidelines for debt to income, credit history, and credit scores.
CONVENTIONAL HOME LOANS
- Higher down payment requirements.
- More restrictions on debt-to-income requirements, credit history, and credit scores.
Home Buyer Tips
- 2 Myths That May Be Holding You Back From Buying
- 5 Reasons Home Ownership is a Good Financial Investment
- Condo Loans - Low Down Payment
- Do’s and Don’ts During The Loan Process
- FHA 90 Day Property Flip Waiver
- Getting a Mortgage: Why So Much Paperwork?
- How to know if it’s a condo?
- How We Safe Guard Your Information
- Look for a Luxury Home? Now’s The Time To Act!
- Mortgage Insurance
- Niche - Unique Mortgages
- Path 2 Buy
- Ready To Make An Offer? 4 Tips For Success
- Rent vs. Buy
- Rising Rent - No Problem
- Student Loan Debt
- The Mortgage Process
- The Perfect Home Loan Application
- USDA-Wide Open Spaces
- What You Need To Know About VA Loans
Loan Programs
- 3 Reasons Why First-Time Home Buyers Love FHA
- FasTrac Approval Process
- FHA - Home Ownership Opportunities
- FHA “Back-To-Work: Extenuating Circumstances” Program
- FHA 203k Streamline Rehab Loan
- Home Ready Program
- HomeStyle Renovation
- HUD-184 Native American Program
- Jumbo Loans
- Jumbo Plus Loans
- Loan Programs - Pros & Cons
- Reverse Mortgage
- Veterans Assistance Loan Benefits
Homeowner Tips
Tax Information
Credit Information
Financing Information
- Delayed Financing Options
- Discount Points vs Premium Pricing
- Duplex Financing Options
- FICO Scores
- Flipped Property Finance Options
- How Low Interest Rates Increase Your Purchasing Power
- Jumbo - Credit Challenged
- No Lender Fees
- Refinancing
- The Power of Pre-Approval for Agents
- Where Are Interest Rates Headed?
- Why Pre-Approval Should Be Your First Step