Special offer

RENT vs BUY Options.

Mortgage and Lending NMLS#297251 BRE#01140252

RENT vs BUY, Do you need RENT vs BUY listings emailed to you to study and compare? What cities are you considering, the minimum number of bedrooms and the maximum payment/price your looking to achieve?

I can set you up to receive automatic emails updated daily with new rental listings as they come available to study and compare that fit your search criteria.

You may even qualfiy to buy FHA with fico scores between 500-579 with 10% down or minimum 580 fico score may qualify FHA 3.5% down or even as low as .5% half percent down payment program. You may qualify for 3% down conventional with a minimum 620 fico score or even 5% down conventional with NO Mortgage insurance (Lender paid MI) from a minimum 620 fico score.

You may qualify to buy with minimum out of pocket expenses and pay less than rent in many cities. It only takes a few dozen questions to qualify you in minutes and go over your options and email you listings too.

You may consider down payment assistance programs such as Access or CHDAP.
For Example: You can buy with only $1,000 down payment and approx 2-4k more for closing costs on a 200k purchase with premium financing. There is also VA no down payment with no mortgage insurance and can close with getting your earnest money deposit refunded. USDA Rural zero down purchase loan with low minimal mortgage insurance.

What do you think between RENT vs BUY, when rentals usually require first, last and security deposit before you move in. A purchase can be structured so you can close with zero to 3-4k out of pocket with the Access half percent down payment program. Here is a flyer and needs list to qualify with a few dozen questions in minutes.

I specialize in Over and Under 640 Fico Score Loans and offer credit repair at no cost to raise fico scores to qualify for programs, rates and terms as necessary. I can raise fico scores within 3-4 days in most cases to qualify for programs, rates and terms as necessary.

Why Rent When You Can BUY? YOU Have Nothing to Lose, EQUITY to GAIN!

Sheryl Arndt, standard needs list checked, pdf

Loan Processing needs list

Why Rent brochure



CHF Access income limits 


Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only
REO & Short Sale Specialist 
Credit Repair At No Cost
ALL Loan Programs Available
20+ Years Experience
BRE# 01140252
NMLS# 297251
9am till 7pm Monday thru Saturday, Sundays by appt.



RVA HomePRO Michael Hottman
RVA HomePRO Realtor with Keller Williams serving Hanover, Henrico, Chesterfiled and Richmond, Virginia - Glen Allen, VA
Helping you achieve goals in life & real estate

Sheryl Arndt Whenever someone calls me about a home and asks if it's for rent I ask them several questions connected to the things you talk about here.

Dec 31, 2014 10:21 AM
Sheryl Arndt

Hello Michael, that is good because you may be able to convert many into buying clients if you find the right lender in VA. I am not familiar with VA real estate or mortgage laws or guidelines but FHA has many loan programs here in CA. If they want rentals I give them rentals with contact information and hopefully when they decide to buy they will remember me.

I do assist renters as a courtesy with setting them up to receive daily automatic emails with RENT vs BUY listings to study and compare. Since I do credit repair at no charge for my CA clients and offer loan programs from NO FICO scores or as low as 500 fico score I am able to assist many renters and turn them into homeowners.

My favorite part is they get to buy with little out of pocket expense and pay less of a mortgage payment than their current rent. Although, with rents going up and rates may go up eventually which will price many out of the buying market. I am still locking under 4% on 30 year fixed FHA which is a low rate and so is 6% but a lot higher payment when the rates go up eventually...

Also many do not know about the many loan programs available here in CA from zero down USDA Rural and down payment assistance programs like the CHF Access or CHDAP .5% half percent down payment programs from a minimum 580 fico score.

Also one can buy ONE DAY after a short sale, foreclosure or deed in lieu with 20% down for those who have it. It all starts from the renters which I give them the contacts to any rentals of their interest.

There are also many rental scams out there which with my assistance I provide what rentals are available and they are legit. I have never found a scam in the mls yet. 

I have a few websites and do get leads for VA which I will refer buyers to you in the future. I will be starting a blog real soon to gather agents to refer to but I am only licensed in CA so most of my leads are CA but I do get leads from all over the country from either of my websites. I have recently gotten licensed to another 30 states but have not decided which ones to lend in yet. 

Happy New Year to you.


Jan 01, 2015 12:57 AM