September 2014

There are 2 blog entries for September 2014.

September 30, 2014

FHA/VA Financing - Top Ten

Recently, Kevin Dunn, Sales Manager with 1st Portfolio Lending, visited with the exclusive buyer’s agents at Buyer’s Edge to update them on the latest developments with FHA/VA financing. With loan money loosening up under new and improved federal guidelines, FHA and VA loans offer many positives for both buyers and sellers of residential real estate in the Washington, DC metro area and Baltimore, MD region. Here are Kevin Dunn's Pro's and Con's!

TOP TEN REASONS TO LOVE FHA LOANS 

  1. Low down payment – 3.5%
  2. Gift funds allowed for 100% of down payment
  3. Credit scores down to 580
  4. Loan amounts up to $625,000.
  5. More aggressive underwriting guidelines
  6. Include home improvements up to
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September 12, 2014

Be Protected Save Money

 

Military Relocation — Rent or Buy a Home?

Frequent relocations are part of military life.   If you are lucky enough to be posted to one of the 18 different military installations in and around the Washington DC Metro area (considered an excellent destination due to the many employment possibilities for spouses and retired military) and want to live in the civilian community, one of the most important decisions you’ll need to make is whether to rent or to buy a home. 

 

Influencing Factors

Off-installation housing offers privacy, a separation from work and a chance to enjoy a local community and culture.  While home ownership is still the American dream, military families have specific

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