Tennessee Direct Lender
FHA reduces Mortgage Insurance for Tennessee home buyers
FHA reduces Tennessee FHA Mortgage Insurance Today the Federal Housing Administration (FHA) announced they are reducing Tennessee FHA Mortgage Insurance Premiums by 30 bps beginning March 20, 2023. All FHA Loans endorsed on that date or after will qualify for the reduced premiums. Endorsed means the process where FHA guarantees the loan for the Lender, […]
FHA Loan to Help Homebuyers
Easy Loan Approval with an FHA Loan One of the most popular loan programs for Tennessee home buyers is the FHA loan program. It is so popular due to relaxed guidelines when compared to conventional guidelines. FHA is the Federal Government’s answer to Private Mortgage Insurance or PMI. FHA does not make loans; instead they insure […]
Oak Ridge VA Loans, VA Lender for Oak Ridge Tennessee
Oak Ridge VA Home Loan Benefits local veterans in new home purchase. The VA Home Loan benefit is a great opportunity for Oak Ridge Veterans and Active Duty Military to purchase a home or condo. We thought it would be a good idea to quickly review the benefits of VA Loans, and a few ways […]
USDA Rural Development No Down Payment Required in Tennessee
One of the little known benefits of buying real estate in the suburbs, the smaller towns and rural areas outside of Tennessee, is that homes in most of these areas qualify for the USDA-Rural Development Zero Down Payment Home Loan That means that under the guidelines of this government-backed mortgage program, the Tennesssee home buyer […]