Kevin Warren's Blog

Mortgage and Lending - Veterans United Home Loans NMLS #1907 - NMLS# 261072
Found the perfect house, but can't get money from the seller to pay for necessary repairs to go to closing? Come learn how your buyers can borrow money on top of the purchase price for repairs and upgrades to any property! September 14, 2010 from 11am-2pm Lunch will be provided! Please RSVP as sp...
203k Streamline Rehab Loan   Use this program to buy the cash only offer house that needs repairs done prior to closing to have a mortgage or the out-dated house that is perfect just stuck in the 70's   Loan Basic Criteria: FHA loan with 3.5% down payment based on total of acquisition cost and re...
What to do with it and how much you can get from interested parties    Uses of the assistance/concessions: Pay your closing costs Pay your pre-paid costs Receive items of value (furniture, appliances, carpet, cars, etc.)    Allowable Closing Cost Assistance •}  VA allows all customary closing cos...
When obtaining a home loan or mortgage, most loans require a down payment- FHA requires 3.5% down VHDA is a state program that allows you to finance the 3.5% down payment for FHA loans VA loans (military members) have a $0 down payment requirement Conventional loans usually requires 20% down Inve...
On January 1, 2009 the conforming loan limit for our area in Hampton Roads will increase from $417,000 to $458,850. The FHA loan limit will be $458,850 as well, up from the mid 300,000 dollar limit this year. This means more money is available at non-Jumbo rates or qualifying requirements! Also, ...
Two California Highway Patrol Officers were conducting speeding enforcement on I-15, just north of the Marine Corps Air Station at Miramar. One of the officers was using a hand held radar device to check speeding vehicles approaching the crest of a hill.The officers were suddenly surprised when t...
The president was expected to sign the bill to raise the loan limits yesterday afternoon. However, Fannie and Freddie's regulator said before it would happen their risk basing would have to change to account for the new risks. He also added that it would be another month to possibly three months ...
Is everyone voting on Tuesday? If so, who do you want to win? I never follow it close enough to make an educated decision. I would love to hear other's opinions on the subject of Presidential candidates. Please post who you would like to see win and why you like them as a candidate.
Come check out our home buying seminar tonight, or tell your freinds! I am excited, it is our first of many this year, and I hope to make this year a great success. We will be having several more this year and I will keep you posted as to when the next will be.
It seems that few people know the advantages of these government loans over conventional. Conventional certainly has its place but sometimes not the best option.   Veterans Administration (VA) is financing available to military members, past and present, that have served 90 days of Active Duty se...

Kevin Warren

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