VA Residual Income
VA Residual Income: What It Is, Why It Matters, and How to Pass VA residual income is the money left over each month after your fixed expenses. The VA uses it to check if a loan payment is ...
JD.Mortgage Team
Temporary Buydowns Explained
Understanding Temporary Buydowns (3/2/1, 2/1): Simple, Accurate Guide Temporary buydowns lower the buyer’s monthly payment for the first one to three years, using prepaid funds set aside in escrow by a seller, builder, or sometimes a lender credit. ...
Mortgage Discount Points Explained
Mortgage Discount Points Explained: How to Calculate, Compare, and Decide If They’re Worth It Mortgage discount points can be a smart way to lower your interest rate, but only if you understand how they work and when they ...
VA Loan Assumptions and Entitlement
VA Loan Assumptions and Entitlement: What Veterans, Buyers, and Realtors Need to Know VA loan assumptions can be powerful tools—but they’re also some of the most misunderstood parts of the VA program. Buyers see a chance to take ...
VA Multi-Unit Owner Occupied Purchases: Build Weal...
VA Multi-Unit Owner Occupied Purchases: A Smart Start for Building a Real Estate Portfolio Did you know VA loans can be used to buy up to 4-unit properties? For eligible veterans and service members, a VA loan is ...
VA Loan Manual Underwriting: Approvals with Low Cr...
VA Loan Manual Underwriting: Approvals with Low Credit, Late Payments, or Collections Many veterans are told they can’t get a VA loan because of credit. But here’s the truth: the VA has no minimum credit score. Denials often ...