You’re fortunate, not to mention unusual, if you are a first-time home buyer who has the means to obtain a Conventional mortgage. Commonly the biggest stumbling block is down payment. For the majority of home buyers, their first purchase will not be their forever home. I generally tell buyers to consider their first home to… Read More
USDA Loans
How The Government Shutdown is Affecting Lending
As a follow-up to yesterday’s blog, Ed Knowles, Mortgage Consultant with Wallick & Volk Mortgage sent us these details. Great information, Thanks Ed! ———————————————————————- As you are aware Federal agencies have shut down large portions of the government effective today October 1, 2013. The information outlined below addresses the impact on the mortgage industry: HUD… Read More