It’s so tempting to buy what you want now and spread out the payment over several months or longer.  Retailers know this, which is why it has become a popular way to shop.  What happens when you use this service and you are preparing to buy a home? Lenders consider these short-term loans as debt, and they may affect your ability to qualify for a new home.  Before you click that button, let’s talk, and I’ll walk you through how to prepare your finances for purchasing a new home.
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It’s so tempting to buy what you want now and spread out the payment over several months or longer.  Retailers know this, which is why it has become a popular way to shop.  What happens when you use this service and you are preparing to buy a home? Lenders consider these short-term loans as debt, and they may affect your ability to qualify for a new home.  Before you click that button, let’s talk, and I’ll walk you through how to prepare your finances for purchasing a new home.

ByBrandon Butler

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USDA has made manufactured home financing available in all states. This is a great win for those seeking a quality home at an affordable price! Many people don’t realize that the USDA offers 100% financing in areas designated as rural or far suburban areas. There are many contemporary styles of manufactured homes that are almost indistinguishable from stick-built homes. If this makes you curious, let’s talk about your options!
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USDA has made manufactured home financing available in all states. This is a great win for those seeking a quality home at an affordable price! Many people don’t realize that the USDA offers 100% financing in areas designated as rural or far suburban areas. There are many contemporary styles of manufactured homes that are almost indistinguishable from stick-built homes. If this makes you curious, let’s talk about your options!

ByBrandon Butler

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Great News from USDA!  USDA now offers financing for manufactured homes in all states.  Previously, this type of financing was only available in some states as part of a pilot program. USDA loans are offered in Rural areas of the country and offer 100% financing.  If you are considering this affordable option to buy a home, let’s talk, and I’ll fill you in on their program.
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Great News from USDA!  USDA now offers financing for manufactured homes in all states.  Previously, this type of financing was only available in some states as part of a pilot program. USDA loans are offered in Rural areas of the country and offer 100% financing.  If you are considering this affordable option to buy a home, let’s talk, and I’ll fill you in on their program.

ByBrandon Butler

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USDA announced that effective August 4, 2024 the maximum allowable payment as compared to a person’s income has increased from 29% to 34%.  That can make a real difference when qualifying for a USDA home loan program, which allows qualifying borrowers to finance up to 100%. If you would like more details on this program, please message me.
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USDA announced that effective August 4, 2024 the maximum allowable payment as compared to a person’s income has increased from 29% to 34%.  That can make a real difference when qualifying for a USDA home loan program, which allows qualifying borrowers to finance up to 100%. If you would like more details on this program, please message me.

ByBrandon Butler

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Great News for USDA Loans!  Due to the lack of insurance options in some states, USDA has now changed its insurance coverage requirements from a 1% deductible to a 5% deductible. This change is effective May 6, 2024, and will allow more homebuyers in states with problematic insurance issues to buy a home. Let me know if you have any questions about USDA financing.  I’m here to help!
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Great News for USDA Loans!  Due to the lack of insurance options in some states, USDA has now changed its insurance coverage requirements from a 1% deductible to a 5% deductible. This change is effective May 6, 2024, and will allow more homebuyers in states with problematic insurance issues to buy a home. Let me know if you have any questions about USDA financing.  I’m here to help!

ByBrandon Butler

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Student Loans & Buying a Home? With deferment and income-based repayment options, there is a lot of confusion about how home lenders consider your monthly student loan payment when qualifying you for a home loan. Every situation can be a bit different, including the variances based on the type of home loan you are applying for. Let’s discuss your situation!
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Student Loans & Buying a Home? With deferment and income-based repayment options, there is a lot of confusion about how home lenders consider your monthly student loan payment when qualifying you for a home loan. Every situation can be a bit different, including the variances based on the type of home loan you are applying for. Let’s discuss your situation!

ByBrandon Butler

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The Foundation of Your Home is Important!  Most people shop for homes and look at the kitchens, bedrooms, and layout. However, one of the most important choices is the type of foundation that holds up your home.  Foundation problems can be very costly, so you want to know before you buy! If you would like information on the types of home foundations and their pros/cons, please comment below and I’ll send you a great reference sheet.  Questions?  Just ask!
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The Foundation of Your Home is Important!  Most people shop for homes and look at the kitchens, bedrooms, and layout. However, one of the most important choices is the type of foundation that holds up your home.  Foundation problems can be very costly, so you want to know before you buy! If you would like information on the types of home foundations and their pros/cons, please comment below and I’ll send you a great reference sheet.  Questions?  Just ask!

ByBrandon Butler

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Did you know that if your home appraisal comes in higher than your sales price on a USDA loan, you can finance all or part of your closing costs?  USDA is 100% financing and with property values going up, a higher appraised value may help you with closing costs as well. USDA loans are offered in many rural or suburban rural communities, so let’s talk!
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Did you know that if your home appraisal comes in higher than your sales price on a USDA loan, you can finance all or part of your closing costs?  USDA is 100% financing and with property values going up, a higher appraised value may help you with closing costs as well. USDA loans are offered in many rural or suburban rural communities, so let’s talk!

ByBrandon Butler

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