Did You Know? The primary borrower does not have to occupy the property if the Parents want to provide housing for their physically handicapped or developmentally disabled adult child – even if the child has little or no income. The Parent is considered the owner-occupant. The same rules apply when children want to provide housing for elderly parents – even if a parent has little or no income. The child is considered the owner-occupant.
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Did You Know? The primary borrower does not have to occupy the property if the Parents want to provide housing for their physically handicapped or developmentally disabled adult child – even if the child has little or no income. The Parent is considered the owner-occupant. The same rules apply when children want to provide housing for elderly parents – even if a parent has little or no income. The child is considered the owner-occupant.

ByBrandon Butler

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Receiving Rental Income from a Property in Another Country?  In order to use rental income on a foreign property, home financing lenders require this income to be reported on your U.S. Income Tax Returns for the last two years.
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Receiving Rental Income from a Property in Another Country?  In order to use rental income on a foreign property, home financing lenders require this income to be reported on your U.S. Income Tax Returns for the last two years.

ByBrandon Butler

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Urgent Notice for Second-Home Purchases & Higher-Priced Areas!  The government agency that controls the pricing for home loans has issued substantial increases in rates for these types of loans.  We have a short window to get your loan processed and closed before these price increases go into effect.  Please contact me with questions!
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Urgent Notice for Second-Home Purchases & Higher-Priced Areas!  The government agency that controls the pricing for home loans has issued substantial increases in rates for these types of loans.  We have a short window to get your loan processed and closed before these price increases go into effect.  Please contact me with questions!

ByBrandon Butler

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Attention Airbnb™ and VRBO™ Owners! When financing a short-term rental property, home lenders will require a minimum of 12 months of rental income that is filed on your tax returns under Schedule E.  If you have questions about financing a short-term rental property, let’s talk!
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Attention Airbnb™ and VRBO™ Owners! When financing a short-term rental property, home lenders will require a minimum of 12 months of rental income that is filed on your tax returns under Schedule E.  If you have questions about financing a short-term rental property, let’s talk!

ByBrandon Butler

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Can you buy or refinance a property where the title is held by an LLC? For home financing purposes, you will need to transfer the ownership of the property to a person in order to buy or refinance the home. Once you close on the property as an individual, there are ways to transfer the ownership to an LLC. Comment below and I will send you a fact sheet on LLCs and Home Financing!
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Can you buy or refinance a property where the title is held by an LLC? For home financing purposes, you will need to transfer the ownership of the property to a person in order to buy or refinance the home. Once you close on the property as an individual, there are ways to transfer the ownership to an LLC. Comment below and I will send you a fact sheet on LLCs and Home Financing!

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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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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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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Can you buy or refinance a property where the title is held by an LLC? For home financing purposes, you will need to transfer the ownership of the property to a person in order to buy or refinance the home.  Once you close on the property as an individual, there are ways to transfer the ownership to an LLC.  Comment below and I will send you a fact sheet on LLCs and Home Financing!

Can you buy or refinance a property where the title is held by an LLC? For home financing purposes, you will need to transfer the ownership of the property to a person in order to buy or refinance the home.  Once you close on the property as an individual, there are ways to transfer the ownership to an LLC.  Comment below and I will send you a fact sheet on LLCs and Home Financing!

ByBrandon Butler

A subscription is required to access this content—please view our available subscription options. If you are a current subscriber, please log in.