NEW Condo & Coop Guidelines Announced after Florida Condo Disaster!  Stricter guidelines have been announced by Fannie Mae to lenders financing condominiums and coops after the Florida Condo disaster.  We have prepared information about these changes, and if you would like to schedule a training session in your office, or are a consumer who would like to find out more, please comment below.
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NEW Condo & Coop Guidelines Announced after Florida Condo Disaster!  Stricter guidelines have been announced by Fannie Mae to lenders financing condominiums and coops after the Florida Condo disaster.  We have prepared information about these changes, and if you would like to schedule a training session in your office, or are a consumer who would like to find out more, please comment below.

ByBrandon Butler

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Exciting New Home Financing Option Just Announced!  If you have experienced challenges with refinancing your home during this low interest rate environment, this new program may be a solution for you.  Fannie Mae and Freddie Mac have announced two NEW refinance programs to assist lower-income borrowers. We suspect this will help a lot of homeowners who previously faced some challenges. PM me for details!
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Exciting New Home Financing Option Just Announced!  If you have experienced challenges with refinancing your home during this low interest rate environment, this new program may be a solution for you.  Fannie Mae and Freddie Mac have announced two NEW refinance programs to assist lower-income borrowers. We suspect this will help a lot of homeowners who previously faced some challenges. PM me for details!

ByBrandon Butler

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Adoption Income?  If you are receiving adoption income, home financing lenders may use this income to help you qualify for a loan, if there is proof of the income and it is likely to continue for a minimum of 3 years.  Curious as to how this works?  Let’s Talk!
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Adoption Income?  If you are receiving adoption income, home financing lenders may use this income to help you qualify for a loan, if there is proof of the income and it is likely to continue for a minimum of 3 years.  Curious as to how this works?  Let’s Talk!

ByBrandon Butler

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Mortgage Forbearance During COVID? – If you received Mortgage Forbearance during COVID and are wondering whether you can refinance an existing home or purchase a new home, let’s talk.  Recent guideline changes are assisting consumers who needed forbearance during the crisis and are now financially back on their feet.
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Mortgage Forbearance During COVID? – If you received Mortgage Forbearance during COVID and are wondering whether you can refinance an existing home or purchase a new home, let’s talk.  Recent guideline changes are assisting consumers who needed forbearance during the crisis and are now financially back on their feet.

ByBrandon Butler

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Is it possible to buy & finance a home after serving time in prison? Home financing lenders do not treat formerly incarcerated clients any differently.  The lender will review your work history after prison time, along with other employment factors just like anyone else.  Generally, this requires at least a 2-year history of consistent employment after serving your time. If you would like a confidential conversation, let’s talk!
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Is it possible to buy & finance a home after serving time in prison? Home financing lenders do not treat formerly incarcerated clients any differently.  The lender will review your work history after prison time, along with other employment factors just like anyone else.  Generally, this requires at least a 2-year history of consistent employment after serving your time. If you would like a confidential conversation, let’s talk!

ByBrandon Butler

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Schedule K-1 Income? Some of you with a schedule K-1 on your tax return may count on this income as your primary source of income and others as a side income.  Home lenders review your percentage of ownership to determine how they will add income or count losses.  To find out how home lenders will consider your income in buying a home, let’s chat!
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Schedule K-1 Income? Some of you with a schedule K-1 on your tax return may count on this income as your primary source of income and others as a side income.  Home lenders review your percentage of ownership to determine how they will add income or count losses.  To find out how home lenders will consider your income in buying a home, let’s chat!

ByBrandon Butler

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Lost Your Home to Foreclosure?  Don’t Lose Hope!  Guidelines have recently changed that will allow a shorter time frame from the time of a foreclosure to buying another home.  This can be complex as it involves circumstances, timing of bankruptcy, and other factors.  If you lost your home to foreclosure in the past and are curious about your roadmap to a new home, let’s talk!
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Lost Your Home to Foreclosure?  Don’t Lose Hope!  Guidelines have recently changed that will allow a shorter time frame from the time of a foreclosure to buying another home.  This can be complex as it involves circumstances, timing of bankruptcy, and other factors.  If you lost your home to foreclosure in the past and are curious about your roadmap to a new home, let’s talk!

ByBrandon Butler

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Attention Self-Employed Buyers!  Are you wondering how lenders calculate your income? Each self-employed purchaser is different, but it is likely that a lender will add back expenses such as ‘depreciation’, ‘depletion’, ‘business use of home’, ‘amortization’, & ‘casualty losses.’ Lenders consider these “paper write offs” vs. actual cash from the business.  If you are self-employed, it is important to talk with your lender before you start looking for homes.  Let’s connect & discuss your situation!
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Attention Self-Employed Buyers!  Are you wondering how lenders calculate your income? Each self-employed purchaser is different, but it is likely that a lender will add back expenses such as ‘depreciation’, ‘depletion’, ‘business use of home’, ‘amortization’, & ‘casualty losses.’ Lenders consider these “paper write offs” vs. actual cash from the business.  If you are self-employed, it is important to talk with your lender before you start looking for homes.  Let’s connect & discuss your situation!

ByBrandon Butler

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Do You Need to Own a Primary Home to Buy a Second Home?  Surprisingly, the answer is NO!  You can buy a second home without owning a home presently.  Curious as to how this works? Contact me and I will fill you in on the details.
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Do You Need to Own a Primary Home to Buy a Second Home?  Surprisingly, the answer is NO!  You can buy a second home without owning a home presently.  Curious as to how this works? Contact me and I will fill you in on the details.

ByBrandon Butler

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