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Tag Archives:chapter 13 bankruptcy

Mar 15

USDA Loan Update

USDA Loan Update

USDA Rural Development is making changes!  Effective Wednesday, March 9, 2016, the final rule for 7 CFR Part 3555 and the revised technical handbook, HB-1-3555, will apply for all Rural Development Conditional Commitments issued by USDA. The revisions include many positive changes that will help potential USDA homebuyers qualify for financing.  Here are a few of the updates: Relaxed guidelines about last minute credit report updates. Discount points are now an eligible use of proceeds for moderate income borrowers and can be financed Clarification of the eligibility of conventional

Aug 5

How Long Do I Have to Wait to Buy Again?

How Long Do I Have to Wait to Buy Again?

There is life after a short sale. There is life after Bankruptcy. There is even life after foreclosure. Anyone can fall on tough times. With the proper planning, you can become a homeowner again before you know it.