Brandon talks about what a VA Loan is, and also touches on other types of benefits Veterans can receive in the loan process, as we near Veterans Day.
*Not all borrowers will qualify. Contact us for more information on fees and terms.
Pre-Approved Buyers
How to Calculate a Buyer’s Cash to Close
Brandon explains how a buyer’s cash to close is calculated. Many first-time homebuyers, or even some in the industry, often interchange “cash to close” with “down payment” – these are not synonymous. Down payment is just one of the factors that goes into calculating cash to close.
*Not all borrowers will qualify. Contact us for more information on fees and terms.
What Are Mortgage Strategy Meetings And Why Are They Beneficial?
Brandon talks about the benefits of mortgage pre-approval strategy meetings and how they can help home buyers and sellers learn which decision they should make. Learn more about mortgage pre-approval strategy meetings here.
*Not all borrowers will qualify. Contact us for more information on fees and terms.
How Do Home Renovation Loans Work?
Brandon talks about home renovation loans – how they can help solve home issues and also how they can be used to improve homes. Amerifirst Home Mortgage offers a variety of home renovation loans for buyers. Learn more about home renovation lending here.
*Not all borrowers will qualify. Contact us for more information on fees and terms.
How Do Interest Rates Impact the Mortgage Process?
Brandon Davis of Amerifirst Home Mortgage in Poland, Ohio discusses a hot topic in the news lately: interest rates. Specifically, how do interest rates impact your buying power and is it a good time to refinance.
*Not all borrowers will qualify. Contact us for more information on fees and terms.
What Does a Credit Score Overlay Mean?
Brandon Davis of Amerifirst Home Mortgage in Poland, Ohio explains what a credit score overlay means as it pertains to home mortgage lending.
*Not all borrowers will qualify. Contact us for more information on fees and terms.
Home Loan Grants for Buyers and Agents
Brandon gives insight into types of grants and financial assistance programs offered at Amerifirst, like the PowerSaver Grant ($1,000) and the Buyer Grant ($500). Give us a call to learn more: 330-565-9013
*Not all borrowers will qualify. Contact us for more information on fees and terms.
Update on Home Loan Turnaround Times
Brandon gives an update on the turnaround times that our team is seeing for Conventional, FHA, and VA loans.
*Not all borrowers will qualify. Contact us for more information on fees and terms.
No Credit Overlays on FHA, VA, or USDA Loans
Currently there are no credit overlays on FHA, VA, or USDA loans with Amerifirst. Learn more here:
*Not all borrowers will qualify. Contact us for more information on fees and terms.
FHA 203k Home Renovation Loan Success Story: North Benton, Ohio
Using the FHA 203k Home Renovation Loan, this buyer in North Benton, Ohio was able to completely renovate the home’s basement, bathrooms, kitchen, garage, AND add in a new deck. They purchased the house for $115,000 and had a budget of $85,000 in renovations. The home recently appraised at $232,500 – giving the buyers $32,500 in equity!
*Not intended as real estate, accounting or investment advice. Contact your financial representative for more information.
