What is the typical debt to income ratio? Let’s talk about your debt-to-income ratio or DTI for short. If you have a really high debt to income ratio there’s no sense in applying for a loan quite yet. You don’t need the hard inquiries on your credit! It cost me $35 every time I pull […]

How to get a VA loan with low credit scores Ok, guys, this is a big topic and I am taking my time to research and make sure I am covering all the bases. I am pulling my 15 years of experience, speaking to many underwriters, the VA regional loan center, mortgage companies, and fully […]

There are fees that the VA doesn’t allow the Veteran borrower to pay. Lets dive in… Closing Cost Typical Closing cost fees (detailed info on what are closing cost) Seller concessions

Understanding what additional documents are needed on your real estate contract for VA loans. There are 2 additional documents needed: FHA/VA Addendum VA Escape Clause

Understanding the VA Loan appraisal process The appraisers main job is to assess: Fair market value Compliance with Minimum Property Requirements The VA Appraisal Timeline VA appraisals are ordered through the VA portal. The appraisal request is sent to the next available appraiser. There are only a handful of VA certified appraisers in Middle TN […]