4% pay off debt, no one told me about that and truly could of use that. Am buying a 2nd home when i separate from the service next year and i already contacted Jennifer's team.
This is great info to know. I am Active Duty member myself and this info I just shared to a few of my coworkers who is interested in home buying. I actually sent them your RU-vid page and watch videos to help out your channel and also to ensure my coworkers are also knowledgeable on home buying, especially as a 1st time home buyer. Your videos never cease to amaze me and like you mentioned in your other previous before, I wish American High School or College teach a Semester of home buying lessons 101. Haha =) Thanks again for what you and your team do not only helping out others but also applicable to Active Military members like myself =)
Jennifer, as always, you are a breath of fresh air! Even though we are well underway with you and your AMAZING team, we love to listen to your incredibly informative videos and learn something new every time! Give Jennifer a call everyone! She knows her stuff!!! 😊
Hi Mrs. Beeston, i asked a few weeks ago and gonna ask again now, if you were expected to close on a new build by the 15th Feb 2024, would you lock now or still wait it out?
@@JenniferBeestonI just got pre approved with your company. But the guy wants to use a conventional loan. Because he think I’m going to have issues buying a duplex. I moved out of my first home for medical reasons. And I been renting it out for the last two years.
I thought VA loans allowed no more than 728K? I live in Virginia and I was told no more than 728K. We used VA in 2009, but sold that house in 2016. I believe we still get our full amount and I was told the amount above. Thanks. Great content.
Who is responsible for negotiating 4% towards debt and closeing costs? I was pre-approved already with my current mortgage company but am always looking for better options. Do i have to have a realtor to negotiate?
It’s the real estate agent who would negotiate. If you are representing yourself doing a FSBO you would negotiate. We are always happy to compete for your business as a lender 707-478-0637
You could use a VA rehab loan for that but keep in mind the rates are much higher on them. If you have questions about them reach out to Cristine her email is. Chrisd@rate.com
Question, if I purchase a new construction with a next gen suite. Would I be able to factor in the income of renting the next gen as if it were a two unit property with a VA loan?
Jennifer I have a home that we just purchased last August 2022 we were told it was a land lease but we wasn't aware of what it really meant so we got involved in it and not happy with it and I'm trying to sell it and get another VA loan is that possible?
For debt 4% is the max yes but you can get 4% towards debt AND closing costs covered. Amount you get depends on what the builder is willing to give so negotiate hard
@JenniferBeeston I had no clue about this, I don't think my previous lender was informed about this. This is badass. From the sounds of it, it's quite difficult to get a builder to do?
