Home Loans for Nephi, Utah

Nephi is a beautiful town almost in exact center of the great State of Utah. We recently helped 2 clients purchase their homes in Nephi. Although their situations were different, each were able to take advantage of different home loan programs available for rural areas. For privacy reasons, we've chosen not to disclose our [...]

By |2017-08-02T18:47:29+00:00April 19th, 2017|

Buying your first home with no money down

Buying your first home is a fun and exciting time. It's also a new experience and can be overwhelming, and frankly, a bit scary. Many people don't know that there are several different loan programs available for first time home buyers. Each loan program has different guidelines in regards to credit, income, debt ratio, [...]

By |2017-08-02T18:48:12+00:00April 13th, 2017|

USDA Single Family Loan Program

Do you know whether you qualify for a USDA Single Family Housing Guaranteed Loan Program? It’s not uncommon for homebuyers to be unaware that they are looking at properties in an area designated as rural by the USDA, and that they may qualify for the 100% financing that comes with a USDA loan. This [...]

By |2017-08-02T18:41:26+00:00November 17th, 2016|

USDA Fiscal Year Financing

On September 26, 2016, USDA has announced that funding for the Single Family Housing Guaranteed Loan Program will not be available for a short period of time at the beginning of Fiscal Year 2017, which starts October 1, 2016. During the temporary lapse of funding, Rural Development will issue Conditional Commitments “subject to the availability [...]

By |2017-08-02T18:48:44+00:00September 28th, 2016|

USDA Rural Housing Fee Change

In September 2016 USDA announced a change in both the Upfront Guarantee fee as well as the Annual Fee. Both fees are seeing significant reductions for loans issued after October 1, 2016. The upfront guarantee fee is changing from 2.75% to 1.00% and the annual fee is changing from .50% to .35%. What does that mean [...]

By |2017-08-02T18:49:04+00:00September 28th, 2016|

Mortgage Question: Missing a payment on your credit report?

Mortgage Question of the Week Missing a payment on your credit report? Click Apply Online to see the Items Needed list as well as the online application. Want to Chat with Matthias? Click the button below to see Matthias' calendar and schedule [...]

By |2017-05-15T08:45:50+00:00February 7th, 2012|
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