could i go zero down for VA with a 620 credit score?>
VA loans provide 100% financing to borrowers with scores down to 580. Please feel free to call or email me to discuss further: (843-442-8070) or (karen.riley@palmettomortgagesvcs.com)

Stated Income Loans
We here at Palmetto Mortgage Services originate stated income loans, loans for self-employed borrowers, High LTV mortgages and Portfolio loans. We also have other non-QM loans available. Please call or email me for additional information: (843-442-8070) or (karen.riley@palmettomortgagesvcs...

Would we qualify for FHA if I'm a 1st time home buyer, but my fiancée has owned in the past.?
FHA loans are not just for first-time homebuyers so you and your fiance would have the option to apply for an FHA loan. Feel free to call or email me to discuss further: (843-442-8070) or (karen.riley@palmettomortgagesvcs.com)

Prove Income when I Work for Tips
TIP income must be averaged over a 2-year period. A verification of employment completed by your employer should breakdown the amount of income received as "base" and the amount received as "Tips." Please feel free to call or email me to discuss further. (843-442-8070) or (karen...

How much more is the intrest rate on a mobile home
The interest rate and term will vary depending on whether or not the loan is classified as a "chattel" loan securing only the mobile home or a residential loan securing both the mobile home with land. Please feel free to call (843-442-8070)or email (karen.riley@palmettomortgagesvcs.com) me to...

is there a closing cost for a va loan
There are closing costs associated with every loan. There are several options available to help offset these costs. Please call me at (843) 442-8070 or email to: Karen.riley@palmettomortgagesvcs.com for additional information.

Can you apply for a USDA loan if you receive disability?
Disability income is valid income regardless of the type of loan for which you apply. You will need to provide an award/benefit letter and/or 1099 and the income will need to continue for at least 3 years. Please feel free to call or email me for additional assistance. (843-442-8070) or (karen...

what is the Harp rate vs regular for 30 yr fixed
In order to provide a rate, additional information is needed. The rate is dependent on many factors such as the amount you need to borrow versus the value of your property, your qualifying credit score, the state the property is located, whether your mortgage is insured by Fannie Mae or Freddie Mac,...

Is it true that minimum down payment for non-fha is 3%?
The Fannie Mae Home Ready and Freddie Mac Home Possible mortgages require 3% down while other conventional loans require 5% down. USDA and VA loans require 0% down payment.

Remove Co-Signer
I would suggest taking steps to apply for a Rate/Term Refinance to remove the non-occupying co-borrower (your aunt). Rates are experiencing a temporary drop and I am refinancing borrowers that were waiting for the rate drop so take advantage of this short pull back while you can.Follow the link to get...

Gift for down payment
Hello. There are no limitations for receiving a gift. However, your Mom will need to complete a gift letter and provide a copy of her bank statement to show she has sufficient funds available to provide the $30k gift. If the funds will be given to you prior to closing, then you will need to provide a paper...