Also, check out the music video at the end as well!
The reason for this update is because the USDA is experiencing it's highest volume since the inception of the program! REDUX COMMENT: Jeff Belonger brought up an issue in … (53 comments)
usda loans: A Development in Rural Development! USDA UPDATE!! Information IS EDUCATION!
- 05/28/09 11:56 AM
Well, today I emailed my Account REP at JP Morgan Chase, to let him know that we are STILL ALIVE & WELL! I asked him if there have been any changes I need to be aware of, or pitfalls..etc...regarding USDA LOANS, and the "as improved" product, ...and this was his response! (see below) My most EXCELLENT Partners!
"The biggest change on Chase's end is that we now pull a tri merge credit report and use that for the underwriting of the loan." "You may want to begin using Equifax for your credit reports on GRH loans … (4 comments)
usda loans: USDA loans can be used to buy "fixer uppers"...Here are the best tips I know!
- 05/22/09 05:50 AM
Hello everyone! Everyone on AR,and in the Realestate Market...I am sure KNOWS that USDA loans (where applicable) are arguably the BEST PRODUCT OUT THERE!!! However, did you know that you can purchase a home that needs some LOVE and FINANCE the improvements? All with NO MORTGAGE INSURANCE AND AT 100% of the purchase price or value? Now, let's be realistic...your listing, or the house you want to buy...cannot look like this! HOWEVER, A USDA "subject to" appraisal can be done on a home that needs a little less love!!! Now, what is a "Subject to" appraisal you ask? It is an appraisal done on a home, SUBJECT … (83 comments)
This is a very CRITICAL UPDATE and anyone using the USDA loan, or if you KNOW of someone using USDA loans, please pass this blog link along, or RE-BLOG it to your sphere!!;)
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