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Blog Image:  Why It’s Still  A Great Time to Buy a Home

Why It’s Still A Great Time to Buy a Home

1. Interest Rates are Very Low The Federal Reserve has made it as cheap as possible for homebuyers to borrow money for a mortgage, according to an article from CNN.com. As a home buyer, a lower rate means you’ll pay far less for your home, over the course of your mortgage. It also means you can probably get more home for your budget. If you’ve been considering buying a home, it’s now more affordable than ever. 2. Seller Desperation Smart sellers see the opportunity to find buyers right now, but many are going to wait out the coronavirus hoping for a more favo...

September 29th, 2020 | Why buy a home now?, Why It’s Still A Great Time to Buy a Home

Blog Image: Economic Injury Disaster Loans Available In West Texas

Economic Injury Disaster Loans Available In West Texas

There are currently 3 open SBA disaster declarations for economic injury caused by drought in west Texas and the panhandle area. As a result of these declarations, SBA Economic Injury Disaster Loans are currently available to businesses in the affected areas. SBA eligibility covers both the economic impacts on businesses dependent on farmers and ranchers that have suffered agricultural production losses caused by the disaster and businesses directly impacted by the disaster. Small nonfarm businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private nonp...

September 26th, 2020 Economic Injury Disaster Loans Available In West Texas

Blog Image: VA Interest Rate Reduction Refinance Loan (IRRRL)

VA Interest Rate Reduction Refinance Loan (IRRRL)

The VA loan program was instituted in 1944 and is one of the most popular mortgage finance options in the United States to this day. VA loans are backed by the U.S. Department of Veterans Affairs and allow veterans access to mortgage options without a down payment or private mortgage insurance (PMI).    Millions of military veterans have taken advantage of this unique housing benefit. But what happens if you have a VA loan and are having trouble making your monthly payments or want to lower your interest rate or payment with little to no equity? A VA In...

September 24th, 2020 VA Interest Rate Reduction Refinance Loan (IRRRL)

Blog Image: Need a business loan with bad credit?  We can HELP!!!

Need a business loan with bad credit? We can HELP!!!

Credit scores are essential to the world of borrowing. Having the right score can make securing funds simple, while the wrong score can lead to frustration. Finding business loans for bad credit or even less than perfect credit can be an uphill battle, as all too many business owners have learned. Banks and other traditional lenders are constantly looking to reduce risk. The last thing they want is to give money to an individual or business that may not be able to pay it back. Today’s economic atmosphere is stricter than ever. That’s why the focus on credit scores has become int...

September 24th, 2020 Need a business loan with bad credit? We can HELP!!!

Blog Image: Move to the Country With a USDA Home Loan

Move to the Country With a USDA Home Loan

This year isn’t what any of us expected, and between coronavirus, lockdowns, social unrest, and natural disasters, many Americans have been inspired to relocate, with an increasing number looking to move away from big cities. If you have the privilege of remote work and the funds to relocate—you may be looking for a quieter, slower-paced lifestyle in rural America—you’re not alone. According to a recent Realtor report, there was a 15% uptick in rural home searches in May. With rock-bottom interest rates, you may also be eager to buy a home. But if y...

September 23rd, 2020 Move to the Country With a USDA Home Loan

Blog Image: Bank statement mortgages for self-employed

Bank statement mortgages for self-employed

No tax returns? No problem Business owners and contractors, likely won’t have the tax forms needed for a traditional mortgage. But if you have non-traditional income, you might be able to get a “bank statement mortgage.” That means you simply prove your income by showing one or two years of regular bank deposits. Fortunately, a bank statement loan program may be an ideal solution. What is a bank statement mortgage program? A bank statement mortgage allows you to verify your income on a mortgage application using documented bank deposits in place of tax for...

September 14th, 2020 Bank statement mortgages for self-employed