Did you know that VA offers several refinancing options for their Veteran Borrowers? This includes the Interest Rate Reduction Refinance Loan. With limited closing costs, this may be the perfect option for you. Oftentimes, an appraisal is not needed, making this refinance a smooth and easy process. Call today, and we can explore all of your options. Together, we can tailor the perfect refinance for you!
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Did you know that VA offers several refinancing options for their Veteran Borrowers? This includes the Interest Rate Reduction Refinance Loan. With limited closing costs, this may be the perfect option for you. Oftentimes, an appraisal is not needed, making this refinance a smooth and easy process. Call today, and we can explore all of your options. Together, we can tailor the perfect refinance for you!

ByBrandon Butler

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If you are considering refinancing, you may hear the words “Net Tangible Benefit.”  Essentially, this means that the lender must show that there is a financial reason which benefits the consumer prior to refinancing the loan.  Reasons may include a lower rate, a lower overall monthly payment, a shorter-term loan, or moving from an Adjustable rate to a fixed rate.  Let’s discuss your situation to see if refinancing makes sense for you!
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If you are considering refinancing, you may hear the words “Net Tangible Benefit.”  Essentially, this means that the lender must show that there is a financial reason which benefits the consumer prior to refinancing the loan.  Reasons may include a lower rate, a lower overall monthly payment, a shorter-term loan, or moving from an Adjustable rate to a fixed rate.  Let’s discuss your situation to see if refinancing makes sense for you!

ByBrandon Butler

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What happens when you purchase a 2-4 Unit property, and no leases exist? Is there a way to count the future leases as income? One of the advantages of purchasing a 2-4 unit property is that you can live in one unit and rent out the others.  When you buy a 2-4 unit property, and there are no leases, the lender will ask the appraiser’s opinion of Fair Market Rent.  There are other requirements depending on the type of loan you are considering, so let’s talk about your situation!
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What happens when you purchase a 2-4 Unit property, and no leases exist? Is there a way to count the future leases as income? One of the advantages of purchasing a 2-4 unit property is that you can live in one unit and rent out the others.  When you buy a 2-4 unit property, and there are no leases, the lender will ask the appraiser’s opinion of Fair Market Rent.  There are other requirements depending on the type of loan you are considering, so let’s talk about your situation!

ByBrandon Butler

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Your VA benefit for buying a home is a lifelong benefit.  However, there are some important points to remember.  If you use your VA eligibility to buy a home and then you do not sell that home, your eligibility will still be tied up in that house.  You may still have “partial eligibility” to buy another home, but not the full eligibility. However, once you sell the home your eligibility is restored and can be used again.  I love helping Veterans purchase or refinance their home, so please contact me with any questions.  I’m here to serve you!
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Your VA benefit for buying a home is a lifelong benefit.  However, there are some important points to remember.  If you use your VA eligibility to buy a home and then you do not sell that home, your eligibility will still be tied up in that house.  You may still have “partial eligibility” to buy another home, but not the full eligibility. However, once you sell the home your eligibility is restored and can be used again.  I love helping Veterans purchase or refinance their home, so please contact me with any questions.  I’m here to serve you!

ByBrandon Butler

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Did you know that the seller of a property can pay for the VA Funding Fee on your home loan? This is a fee charged by the VA and is usually financed into the loan. However, a seller is permitted to provide a “seller concession” to pay this fee and more to help you own your own home. If you are a Veteran, let’s talk about your VA benefits and buying a home. It is probably more achievable than you realize!
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Did you know that the seller of a property can pay for the VA Funding Fee on your home loan? This is a fee charged by the VA and is usually financed into the loan. However, a seller is permitted to provide a “seller concession” to pay this fee and more to help you own your own home. If you are a Veteran, let’s talk about your VA benefits and buying a home. It is probably more achievable than you realize!

ByBrandon Butler

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What Income Counts When Qualifying for a VA Loan?  Active Military and Veterans have different types of income and some of those types of income can be used to qualify for a VA loan while others cannot.  And another secret is that sometimes a type of income cannot be used, but it can be used to offset another debt. Comment below and I’ll send you “VA Income – Qualifying for a Home Loan.” If you have any questions about a VA home loans or another type of home loan, let’s talk!
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What Income Counts When Qualifying for a VA Loan?  Active Military and Veterans have different types of income and some of those types of income can be used to qualify for a VA loan while others cannot.  And another secret is that sometimes a type of income cannot be used, but it can be used to offset another debt. Comment below and I’ll send you “VA Income – Qualifying for a Home Loan.” If you have any questions about a VA home loans or another type of home loan, let’s talk!

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.