Non-Purchasing Spouse/ Disclaiming Spouse in Community Property States: All of the debt, except for debt obligations that are excluded by state law, the debt obligations of a Non-Purchasing Spouse also known (according to USDA) as a "Disclaiming Spouse" (Spouse's that is not applying for the loan) must be included in the primary borrower's qualifying ratios when the home buyer resides … [Read more...]
102% Financing at 4% Available Now. No Tricks. Here Is How.
I know, I know - everyone already knows that you can get 102% financing at 4%. Wait. You can? Yes. You can. Right now. No catch. And I am going to look super smart for telling you this next part about how you actually get this deal... You buy a house that is designated rural according to the USDA rural database (hint: you might be surprised at how rural it doesn't have to be) … [Read more...]
102% Mortgage Loan Financing In Gilbert Is Available
Are you thinking about buying a home in Southeast Gilbert? You might be surprised to learn that there is a loan program that allows up to 102% financing that many homes in Southeast Gilbert can qualify for – or in other words, no down payment is required. Why don’t more people know that you can buy a home in Southeast Gilbert for no money down? Just guessing, but I suspect that it has … [Read more...]