Brandon Butler

Is it possible to lease out the home you are presently living in to buy a new home and have that lease payment offset your old mortgage payment? Yes it is, but you have to be careful about which loan program your lender uses for your new home. If this sounds like a great solution for you, let’s talk! I’m happy to answer any questions you have.

Is it possible to lease out the home you are presently living in to buy a new home and have that lease payment offset your old mortgage payment? Yes it is, but you have to be careful about which loan program your lender uses for your new home. If this sounds like a great solution for you, let’s talk! I’m happy to answer any questions you have.

Related Article Title: VA- Lease Requirements on a Departing Residence to Offset House Payment Question: My client wants to buy a new home but has not sold their present home. Will VA allow a one-year lease on their departing residence to offset the payment on their present home in order to qualify for the new […]

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Did you know that you can get a VA refinance loan to consolidate a 1st and 2nd lien on your property? This can be a real budget booster to reduce two payments into one. So if this sounds like something you are curious about, let’s talk!

Did you know that you can get a VA refinance loan to consolidate a 1st and 2nd lien on your property? This can be a real budget booster to reduce two payments into one. So if this sounds like something you are curious about, let’s talk!

Related Article Title: VA – Maximum LTV for a Rate/Term Refinance When Paying off 2 Liens Question: What is the maximum LTV when a VA borrower wishes to pay off their first and second lien? VA Refinance Comparison Chart Answer: The transaction you’ve described is actually a VA Cash Out Refinance Type II. The maximum loan […]

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If you receive note income, a home lender will likely require that you have a formal note, have received the payments for at least 12 months, and can document that the remaining term of the note payments are at least 3 years. Questions? Contact me to discuss your situation!

If you receive note income, a home lender will likely require that you have a formal note, have received the payments for at least 12 months, and can document that the remaining term of the note payments are at least 3 years. Questions? Contact me to discuss your situation!

Related Article Title: Calculating Family Business Income in a Buyout Question: A mother and daughter owned a company at 50/50 for years.  Earlier this year, the mother retired and sold her portion of the business to her daughter (the other 50%).  The daughter’s obligation is to pay the mother $1,000/month for 15 years and we […]

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If you are refinancing a home or purchasing a home that has a Solar Panel Obligation, let’s chat first! There are some things you need to know before you sign that contract to prevent any issues. Or, comment below and I’ll send you “What Every Homeowner Needs to Know About Solar Panel Obligations”.

If you are refinancing a home or purchasing a home that has a Solar Panel Obligation, let’s chat first! There are some things you need to know before you sign that contract to prevent any issues. Or, comment below and I’ll send you “What Every Homeowner Needs to Know About Solar Panel Obligations”.

Related Article Title: VA Solar Panel Requirements for Qualifying Question: What amount do you use to cover a solar panel lease agreement when the energy generated is a net credit to the homeowner? Our underwriter is stating that the borrower must qualify for the payment on the lease even though the lease payment is satisfied […]

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Believe it or not, there are some very driven high school graduates from trade schools who are gainfully and well employed in their trade. There are mortgage loan programs that will count your time in high school as part of your employment history. So, if this sounds like your situation, let’s talk and discuss how you can build a plan to become a homeowner vs. a renter.

Believe it or not, there are some very driven high school graduates from trade schools who are gainfully and well employed in their trade. There are mortgage loan programs that will count your time in high school as part of your employment history. So, if this sounds like your situation, let’s talk and discuss how you can build a plan to become a homeowner vs. a renter.

Related Article Title: FHA High School as Employment History Question: My client has been employed for 1 year and previous to that was a high-school graduate. Will his time in high school count as his employment history? Answer: FHA will allow only one year of employment (and even no job history in the case of […]

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