203K Loans Explained

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FHLMC interested party contributions and Sales Concessions. –  · This free mortgage training video discusses the Freddie Mac’s interested parties to its transaction : Real Estate Agent, Seller, Builder & Lender. Definition and characteristics of interested party contributions, financing concessions, sales concessions, lender credits, and more.

VA Second-Tier Entitlement – A Comprehensive Guide –  · In the most basic of terms, VA Second-Tier Entitlement gives a qualified military person the ability to have two VA loans at the same time. Also known as VA bonus entitlement, the second-tier VA loan allows you to have two VA loans out at once in certain circumstances described in detail within.

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As explained in this comprehensive video about how FHA 203k loans work, there are a few important details your real estate agent and mortgage professional need to be aware of during the pre-qualification, purchase offer and closing process when dealing with FHA 203k loans.

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FHA's 203k loan program with 1st Eagle Mortgage, Inc. – FHA's 203k loan program finances the purchase and renovation of your. You currently have no other FHA loans; You DO NOT have to be a first-time buyer.