realtor advise: WHY CAN'T CERTAIN VETERAN'S GET A LOAN? - 08/21/08 01:41 PM
There is a Realtor in our office that has a veteran getting ready to close next week using his eligibility.  Today, she found out that her buyer will have to re-enlist for another tour in order to close on his home.  He is going to Iraq within the week, and because his duty is up in 10 months, the lender will not approve his loan.
I thought if a veteran puts in the time and comes back from a tour, he was eligible for a VA loan.  Thousands of veterans have got a VA loan after they have retired.  Why can't … (2 comments)

realtor advise: NEW FHA LOAN CHANGES - 08/06/08 10:07 AM
Has anyone done an FHA loan for a customer since 7/14?
We just did our first customer offer since the FHA changes just over a week ago.  Since they are putting less than 20% down on a 30 year loan, there MI was a lot higher than it would have been under the old guidelines.  There  credit score was good enough so that they did not have pay any extra points.
Do very many Realtors out there do many FHA loans, or are most of them conventional?  I think I am going to begin showing my customers a 2.0 front add-on MI, instead of … (0 comments)

 
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Stan McLaughlin

Norman, OK

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Keller Williams Realty

Address: 2627 Trenton Rd, Norman, OK, 73069

Office Phone: (405) 329-6976

Cell Phone: (405) 417-7487

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