Veteran Scenario: The veteran has a tax lien on his or her credit. VA’s Guidelines: “An applicant cannot be considered a satisfactory credit risk if he or she is presently delinquent or in default on any debt to the Federal Government until the delinquent...
[vc_row][vc_column][ultimate_heading main_heading=”Gift of Equity” margin_design_tab_text=””][/ultimate_heading][vc_column_text]Buying a home using gift of equity from a family member has it’s benefits. Though there are rules that need to...
[vc_row][vc_column][vc_column_text] According to FHA, log homes are considered a non-standard housing style. A non-standard housing style refers to unique home in the market area. Also fitting into this style are earth sheltered housing, dome houses, houses with lower...
[vc_row][vc_column width=”1/4″][vc_single_image image=”3789″ img_size=”large”][/vc_column][vc_column width=”3/4″][vc_column_text]If you are considering using a Veterans Administration (VA) Home Loan Guaranty benefit,...
[vc_row][vc_column width=”1/4″][vc_single_image image=”3798″ img_size=”large”][/vc_column][vc_column width=”3/4″][vc_column_text]Do you live in the Salt Lake Area or in Utah? Are you trying to figure out what home loan...
Now that you’ve decided to purchase a new home, it’s important to know what to expect throughout the loan process. With the right knowledge, the road to home ownership is just ahead. 1. Check Your Credit Before you even think about applying for a mortgage, it’s...