Archive for the ‘Mortgage Approval’ Category

October 4, 2013 : Government Shutdown and Your Home Mortgage Closing Update

As a Chapel Hill Mortgage Lender, I am always looking out for the latest news to help my clients. One more of our lenders said they will waive the IRS Tax Transcript requirement for now. If you were lending your own money, would this fine print concern you? “We will obtain tax transcripts on all loans when the […]

About Your Raleigh Mortgage Loan Approval

The waiting period to buy again has been reduced from three years to one year…for those who qualify. This is a great first step by FHA that potentially has a major impact on the housing recovery. There will be many bugs to work out during the first 6-12 months of the program. Perhaps longer.

Chapel Hill Mortgage Broker Tips for First Time Buyers in Durham

Here’s Chris and Lindsey Hirni after closing on their first home. Lindsey: We’re on camera so. 

Minister and Pastor Mortgages

Just heard about a relocating ministers housing allowance that was NOT allowed on a home purchase in Raleigh, NC. If you’re interested in pastor mortgages, you’re going to want to read this. It was supposed to be a fast closing, but the pastor did not get his income documents into his loan officer until late. […]

Pre Qualified: Visiting Open Homes in Raleigh, Durham, or Chapel Hill this weekend?

If you have been speaking with any agent, or other home buyers in the market, you have a good idea of what is happening now.

8 Day Purchase Close On Durham New Homes – Homes For Sale

Durham New Homes – Homes for Sale – The 8 Day Purchase Close* The rest of the story….

4-Day Purchase Mortgage Approval

One Big Bank’s turn down is another mortgage banker’s approved loan. This is the story of a 4-day purchase mortgage approval… Susan called and said there was a BIG BANK requirement that didn’t make any logical sense. She may need some help if the mortgage is not approved soon. The closing date had already passed.