6 Reasons Why You’ll Love Working with Veterans

HDC_VA_Secrets_Blog_2915_1200x600Each month, the Secrets of Top Selling Agents webinar brings you experts to help you learn and adopt new business strategies. This month, in honor of Veterans Day, we had Neil Brooks, Samantha Reeves, and Denise M. Jelinski-Hall share how you can help veterans access their VA loan entitlement and reach the goal of homeownership. Continue reading

5 Things You Should Know About VA Loans

HDC_VA_Loan_Blog_2906_1200x600Holidays like Veterans Day and Memorial Day bring the dedicated service men and women protecting our country front and center in our minds. Their bravery and sacrifice grant us the security and freedom we enjoy daily, and with November 11, Veterans day, fast approaching, now is a great time to refresh your knowledge of VA loans and possibly even expand into a new niche market. Here are 5 things you may not know about VA loans. Continue reading

Significant FHA loan program changes took effect September 15th, 2015

HDC-FHA-Blog-2280Often, the FHA loans have been viewed as easier to obtain when compared to a “regular” conventional loan. There is some truth to this notion. Historically, borrowers who may not have been able to qualify for conventional financing have been able to qualify for the FHA program. This is often because government backing makes lenders a bit more forgiving when it comes to borrower qualifications and credentials. Continue reading

7 Tips to Steer Boomerang Buyers Back to Homeownership

Homes.com Boomerang Buyers“Boomerang” buyers are those who had lost their eligibility to own a home because of a foreclosure or short sale, but are once again eligible to enter the market. At the start of the housing bust and through 2013, there were more than 5.3 million homeowners that lost their home because they were unable to afford their mortgages. Fortunately, many of these buyers have sat on the sidelines long enough and can once again qualify for an FHA loan.

According to CoreLogic, at least 3.4 million of the U.S households that fell victim to the housing bust have waited the mandatory period and are considering coming back to market. You can expect to see a number of these boomerang buyers searching for homes your area and although they are eligible for a home loan, they still may not qualify for one. This means that they will be looking for ways to get their financials in order before jumping back into homeownership.

Here are 7 tips to share with these hopeful buyers that will tighten up their wallet and make the dream of being homeowners a reality again! Continue reading

Help First-Time Buyers Understand the Mortgage Language

handling mortgage related lingoObtaining a mortgage can be long and somewhat confusing, especially for first-time homebuyers. As a real estate professional, you’re well aware of the industry jargon that comes along with the process and it’s your job to clarify any questions these ‘first timers’ may have about it along the way. Review this list of handy key terms and share them with your clients to keep them up-to-date on everything going on during the financing process. Continue reading