va benefits: VA HOME LOAN TOOL - What can a e5, e7 or O3 afford in Hawaii?
- 10/03/08 11:41 AM
VA HOME LOAN TOOL This is a tool that helps identify the maximum (conservative 40% dti if debt is low) loan amount that each rank can qualify for in Hawaii and Alaska. This tool uses Basic Housing Allowance (BAH) only and does not factor in COLA or BAS (if it did the loan amounts would be much higher). You can always contact me www.directnationallending.com to get prequalified because approvals do vary based on credit worthiness and residual income as well. Rates are hovering around 5.875% at Par and should stay at or below 6% until the election. The VA homeloan still … (2 comments)
va benefits: 2008 will be remembered for economic resilience...
- 12/15/07 04:21 AM
There once was a day, not long ago, when it seemed as though lenders would simply check to feel if a borrower had a pulse before they would print loan docs for a $600,000 home purchase. Mortgage Company owners in 2003 - 2005 attempted to entice some of us mortgage originators to join their companies from the cockpit of their new Ferrari or with partnerships in their luxury yachts or Private Jets. Money was being given away and nearly all metropolitan hubs were buzzing to the hum of soaring equity and their mental cash registers. Well now that the days of the 1% teaser rates with a 580 FICO score, No Income - No Assets and 125% financing are … (1 comments)
VA HOME LOAN TOOL
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