Loan Officer John
Loan OfficerForum Replies Created
-
Ok, guidelines for gift of equity on VA loans allow a qualified veteran to use equity in a family member’s home as a gift towards their down payment.
The family member must be a close relative, and the gift of equity can cover the difference between the home’s appraised value and the purchase price.
For purchasing a home from a family member under market value, VA guidelines require that the home’s sale price must not exceed its appraised value.
-
no, I think they pay $999 per file and your upline gets $500 of that… or something similar to that…
-
Great tips for a successful manufactured home transaction! Ensure compliance with Freddie Mac, Fannie Mae, FHA, VA guidelines. Verify real property status, obtain engineering certification, locate data plate, and follow specific requirements for modular homes.
-
That’s fantastic news for Texas homeowners!
-
This is going to be huge for loan officers that want to grow with somebody like you to help guide them!
