Bonus & Overtime Income – Homebuying Tip!  If you receive Bonus or Overtime Income and want to include that income to qualify for a home loan, home financing lenders will generally require that this income is received and averaged over a two-year period.  However, there are times when a shorter time frame can be used so let’s discuss your situation!
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Bonus & Overtime Income – Homebuying Tip!  If you receive Bonus or Overtime Income and want to include that income to qualify for a home loan, home financing lenders will generally require that this income is received and averaged over a two-year period.  However, there are times when a shorter time frame can be used so let’s discuss your situation!

ByBrandon Butler

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Buying a Home as a Displaced Homemaker! – An individual that is a displaced homemaker or single parent will be considered a First Time Homebuyer if he or she had no ownership interest in a principal residence, other than a joint ownership interest with a spouse, during the preceding three-year time period. This is great news for some of you that want to take advantage of first-time homebuyer programs.  Let’s talk and build your road map to homeownership!
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Buying a Home as a Displaced Homemaker! – An individual that is a displaced homemaker or single parent will be considered a First Time Homebuyer if he or she had no ownership interest in a principal residence, other than a joint ownership interest with a spouse, during the preceding three-year time period. This is great news for some of you that want to take advantage of first-time homebuyer programs.  Let’s talk and build your road map to homeownership!

ByBrandon Butler

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If you are worried about rising interest rates and buying a home, there are options available that offer a lower rate at the beginning of your mortgage. These lower rates are fixed for a period of time and after that, are capped as to how much they can adjust up or down.  These are called Adjustable Rate Mortgages [ARMS] and are a good fit for some home buyers.  To learn more about these programs, I have a fact sheet that reviews how they work.  Just comment below and I’ll send it to you!
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If you are worried about rising interest rates and buying a home, there are options available that offer a lower rate at the beginning of your mortgage. These lower rates are fixed for a period of time and after that, are capped as to how much they can adjust up or down.  These are called Adjustable Rate Mortgages [ARMS] and are a good fit for some home buyers.  To learn more about these programs, I have a fact sheet that reviews how they work.  Just comment below and I’ll send it to you!

ByBrandon Butler

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Did you know that a family or even non-family member can provide a gift to help you purchase a home?  Guidelines have recently changed to allow for unrelated people who want to assist you in owning your own home. This includes former spouses, former family members, and others.  If you want to own a home, let’s talk about your situation!
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Did you know that a family or even non-family member can provide a gift to help you purchase a home?  Guidelines have recently changed to allow for unrelated people who want to assist you in owning your own home. This includes former spouses, former family members, and others.  If you want to own a home, let’s talk about your situation!

ByBrandon Butler

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Short on Cash & Hoping to Buy a Home?  Many of my clients are surprised to hear that they do not need as much cash to buy a home as they thought they did.  With rent prices rising dramatically, this is a great time to explore your options.  There are many programs that allow low down payments, grants, seller/lender credits and more that reduce the amount of money you need to buy a home.  Let’s talk & get you into that dream home!
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Short on Cash & Hoping to Buy a Home?  Many of my clients are surprised to hear that they do not need as much cash to buy a home as they thought they did.  With rent prices rising dramatically, this is a great time to explore your options.  There are many programs that allow low down payments, grants, seller/lender credits and more that reduce the amount of money you need to buy a home.  Let’s talk & get you into that dream home!

ByBrandon Butler

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Car Leases & Buying a Home!  If you are leasing a car, a lender will count that lease payment when considering your debt obligations, even if the lease is ending. However, if you own a car and the end of the note is near or at the end, this payment may not be counted against your debt obligations.  If you are purchasing a home or refinancing, and have questions, let’s talk!
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Car Leases & Buying a Home!  If you are leasing a car, a lender will count that lease payment when considering your debt obligations, even if the lease is ending. However, if you own a car and the end of the note is near or at the end, this payment may not be counted against your debt obligations.  If you are purchasing a home or refinancing, and have questions, let’s talk!

ByBrandon Butler

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