Mortgage Loans

Mortgage Loans

VA Renovation Loan Program

John Thomas July 12, 2019 Tags: , , , , , , , , , ,
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This VA Loan Helps Finance Veterans’ Home Renovations!

VA Renovation Loan – We respect and value our Veterans. That’s why we have a special loan program that will help Veterans finance their home renovations. So if you’re a Veteran who is eager to build equity by upgrading your property, call us today at 302-703-0727 to get started, or you can APPLY ONLINE.

What Is a VA Renovation Loan?

The VA renovation loan is a VA-guaranteed loan program that allows qualified homebuyers to purchase or refinance a home and finance its repairs, renovations and/or improvements. It is a one loan and one closing that includes an escrow account to make the repairs after closing. Keep Reading...

ITIN Loan Program

John Thomas June 7, 2019 Tags: ,
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ITIN Loan Program Takes Foreigners and Immigrants Closer to the American Dream!

Are you a foreign national or immigrant who wants to own a home in the US? The ITIN Loan Program may be the perfect solution for you. The Individual Tax Payer Identification Number mortgage loan provides financing for the purchase or refinance of a home foreigners or immigrants who may not meet the requirements for more traditional mortgage loans because they do not have a social security number. Call 302-703-0727 to get started applying for an ITIN Loan or APPLY ONLINE. Our ITIN Program is designed for borrowers who live and work in the US, that have a valid ITIN number and file US tax returns under their ITIN. Borrowers can be W2 or Self-Employed. Keep Reading...

Investor Cash Flow Loan Program – DSCR Loans

John Thomas May 29, 2019 Tags: ,
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Grow Your Real Estate Investments! Take an Investor Cash Flow Loan

Are you a Real Estate investor who is hoping to maximize your earning potential? Then we’re excited to present you with the DSCR Investor Cash Flow Loan Program for the purchase or refinance of an investment property without having to document your income to qualify. We will qualify you off the cash flow of the property you are buying or refinancing. Call 302-703-0727 to get started today or you can APPLY ONLINE.

Now What Is an Investor Cash Flow Loan aka DSCR Loan?

The Investor Cash Flow Mortgage Loan or DSCR Loan allows a real estate investor to use the cash flow on the subject property to be used to qualify for the new mortgage loan. The program covers loans for non-owner occupied properties between one and four units. No tax returns or employment information is required to qualify for the loan. There is no limit to the number of financed properties. This innovative program can be used effectively to build a portfolio of income generating properties. Keep Reading...

PRMI Fresh Start Loan Program

John Thomas May 25, 2019 Tags: , , , , , , , ,
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PRMI Fresh Start Loan Program is for people who may have had a Foreclosure…short sale…bankruptcy…mortgage lates and cannot qualify for a traditional mortgage loan program. If you are able to prove your income to qualify for a mortgage but have credit challenges that are preventing you from qualifying, then a fresh start program can help you purchase a new home or refinance your current home. Get started today by calling 302-703-0727 or APPLY ONLINE

Did a couple of bad money choices put you in much debt and destroyed your credit ratings that it’s hard to obtain traditional funding?

Let PRMI give you a fresh start! Keep Reading...

Good Neighbor Next Door Program

John Thomas May 17, 2019 Tags: , , ,
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If you wish to purchase a home and you’re either a law enforcement officer, firefighter, teacher or emergency medical technician, the Good Neighbor Next Door Program may have the best deal available for you!

It’s called the Good Neighbor Next Door Program—a reward by the US Department of Housing and Urban Development (HUD) for America’s “good neighbors.”

The Benefits of Good Neighbor Next Door Program in a Nutshell

  • Buy HUD REO homes for 50% off list price with today’s current mortgage rates.
  • Pay only $100 down payment when you buy any eligible HUD home at half-off its price.

How Does the GNND Program Work?

Eligible Single Family homes located in revitalization areas are listed exclusively for sale through the Good Neighbor Next Door program (GNND). Properties are available for purchase through the program for Seven days. Keep Reading...

VA One Time Close Construction Loan

John Thomas May 3, 2019 Tags: ,
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What is a VA One Time Close Construction Loan? If you’re a Veteran or have a loved one who has served as member of the Armed Forces, you’ll understand sacrifices such as being away from family, missing the birth of your child, experiencing battle trauma—or worse. Perhaps one common challenge faced by Veterans when you finally make it home is difficulty integrating back into civilian life.

Needless to say, you are our heroes and you deserve the best benefits. One such benefit relates to housing. It’s called the VA One-Time Close Construction Loan. Call 302-703-0727 to talk to a VA Lending Specialist about a VA Construction or get started online APPLY ONLINE Keep Reading...

Self Employed Bank Statement Loan Program

John Thomas April 27, 2019 Tags: , , ,
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Self-Employed? Here’s How You Can Qualify for a Bank Statement Loan

Are you self-employed? Consider a Self Employed Bank Statement Loan Program. You belong to almost nine million self-employed people in the United States. You enjoy the advantages of self-employment that aren’t afforded to full-time workers—a flexible schedule, control of your life and the ability to select who you work with and what you do. You can apply now by calling the John Thomas Team at 302-703-0727 or you can APPLY ONLINE

The financial perks of self-employment can be tremendous too, opening up any number of tax deductions related to the business. Keep Reading...

FHA One-Time Close Construction Loan

John Thomas April 23, 2019 Tags: , , ,
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Is a FHA One Time Close Construction Loan right for you?

Two isn’t always better than one. Let me explain.

If you’re building your house from the ground up, you’ll most likely take a construction loan followed by a permanent loan. This scenario will require you to have 2 loans, which means you’ll have 2 start dates and 2 closing dates—which means you’ll pay for 2 separate closing costs!

An FHA one-time close construction loan, however, will allow you to have your home built and financed just under one loan. It’s simpler and more cost-efficient and you end up with a FHA Loan with a 30 year fixed rate when all is said and done. Keep Reading...