Category Archive: Down Payment Options

Jan 23

Good News! USDA Areas Will Remain Eligible!

Tweet If you or someone you care about is in need of 100% Financing on their next home, please continue reading: The Congressional Appropriations Bill for Fiscal Year 2014 has been signed into law. Section 737 includes a provision that no appropriated funds may be used to make rural area map changes this Fiscal Year: …

Continue reading »

Share

Permanent link to this article: http://www.pessemierfinancial.com/blog/good-news-usda-areas-will-remain-eligible/

Apr 23

Financing Non-Financeable Condominiums

Condo

Tweet Have you been told the reasons you can’t buy the condo of your dreams are because of: Condo Association Litigation Too many delinquencies on dues Not enough owner occupants Not enough financial reserves in the homeowner’s association Check again! That’s what I’ve done for quite a few of my clients recently. In the past …

Continue reading »

Share

Permanent link to this article: http://www.pessemierfinancial.com/blog/financing-non-financeable-condominiums/

Apr 19

Specific USDA Eligibility Areas Changing October 1, 2013

USDA

Tweet The USDA Eligibility Area changes have been postponed until October 1, 2013, as I mentioned last month. USDA has now posted what the new eligibility areas will be! As you’ll see, there are some major changes, removing some very popular areas we’ve been doing a lot of USDA financing in! The good news is …

Continue reading »

Share

Permanent link to this article: http://www.pessemierfinancial.com/blog/specific-usda-eligibility-areas-changing-october-1-2013/

Mar 12

March 2013 USDA Rural Area Eligibility Revisions

Tweet Good News! Due to a Congressional request, anticipated changes to the Rural Area Eligibility Areas have been delayed. There was concern that, due to the most recent census data, some more heavily populated although still semi-rural areas would no longer be eligible for USDA zero down financing. Lake Stevens, WA is one of the …

Continue reading »

Share

Permanent link to this article: http://www.pessemierfinancial.com/blog/march-2013-usda-rural-area-eligibility-revisions/

Aug 22

More Than One Way To Skin A Cat?

Tweet I get this question all the time: “I’ve already tried to get preapproved, but other loan officers aren’t calling me back. I’d like to know either way whether I qualify to buy (or refinance) or not. My realtor (or friend, family member) says I should talk to you. Will you help me?” My response …

Continue reading »

Share

Permanent link to this article: http://www.pessemierfinancial.com/blog/some-people-ive-been-able-to-help-lately/

May 11

The Big 3 Govie Loans: Comparing VA to FHA and USDA

Tweet This post is in response to a lot of recent questions I have had from my Active Duty U.S. Military and Veteran clients. It might be a little dry for some, except for you to whom it applies (I hope), as well as to all my Realtor friends who subscribe to my blog. I …

Continue reading »

Share

Permanent link to this article: http://www.pessemierfinancial.com/blog/the-big-3-govie-loans-comparing-va-to-fha-and-usda/

May 09

Have You Gone Crazy, Fannie Mae?

HomePath Property Search

Tweet Some of the biggest hurdles many of my purchasing clients have these days are being answered by one of the most obscure programs available today. Approximately 1,100 single family, multi-family (2-4 units) homes and condominiums in Washington State are eligible for the Fannie Mae HomePath purchasing program!! For home buyers looking to get into …

Continue reading »

Share

Permanent link to this article: http://www.pessemierfinancial.com/blog/have-you-gone-crazy-fannie-mae/

Mar 13

Fannie Mae HomePath Guideline Change: Auction Sales

Homepath

Tweet Fannie Mae HomePath is a great loan program for owner occupants, as well as being the best current program for investors in my opinion. Where else can you pick up a fixer, where the appraisal won’t require a bunch of work orders? If you’re an investor, just be aware that the “First Look” properties are …

Continue reading »

Share

Permanent link to this article: http://www.pessemierfinancial.com/blog/fannie-mae-homepath-guideline-change-auction-sales/

Feb 24

VIDEO: Two Great Zero Down Options for Homebuyers in Washington State

Tom USDA

Tweet Know someone who is looking for a home, but lacks a down payment? I have a couple of great answers worth having a conversation about. Feel free to subscribe, comment, and share! Thank you for subscribing to my blog. I hope it benefits you. Please be sure to leave a comment or question below- …

Continue reading »

Share

Permanent link to this article: http://www.pessemierfinancial.com/blog/video-two-great-zero-down-options-for-homebuyers-in-washington-state/

Nov 08

Having Trouble Fixing Your Credit?

Tweet Check out my good friend, Roger Cruise’s new book, “Escaping Credit Hell, A Must-Have Tactical Guide from a Credit Insider.” “Find Out How the Game is Played, Who’s Calling the Shots, and What You Can Do to Raise Your Credit Score” – Author Roger Cruise I’m reading the book now, and I am amazed at how …

Continue reading »

Share

Permanent link to this article: http://www.pessemierfinancial.com/blog/having-trouble-fixing-your-credit/

Older posts «