PierPoint Mortgage’s Post

We LOVE answering questions about the USDA loan option (also called Rural Development Loan) and ALL loan options. Yes…unfortunately some lenders discourage the use to certain loans and programs, but it might just mean they don’t have a lot of knowledge about the program. We DO and we’d love to help you!! . . . #mortgage #firsttimehomebuyer #housingmarket #homebuying #mortgagemyths #mortgagelender #iowa #iowarealestate #realestate #firsthome #VAloans #loan #iowamortgagelenders #loanofficers #iowaloanofficers #mortgageloans #downpayment #homeowner #IFA #downpaymentassistance #preapproval #loanoptions #preapproval #mortgageprocess #interestrates #refinance #homeownersinsurance #Ruraldevelopment #USDA

We LOVE answering questions about the USDA loan option (also called Rural Development Loan) and ALL loan options. Yes…unfortunately some lenders discourage the use to certain loans and programs, but it might just mean they don’t have a lot of knowledge about the program. We DO and we’d love to help you!! . . . #mortgage #firsttimehomebuyer #housingmarket #homebuying #mortgagemyths #mortgagelender #iowa #iowarealestate #realestate #firsthome #VAloans #loan #iowamortgagelenders #loanofficers #iowaloanofficers #mortgageloans #downpayment #homeowner #IFA #downpaymentassistance #preapproval #loanoptions #preapproval #mortgageprocess #interestrates #refinance #homeownersinsurance #Ruraldevelopment #USDA

We LOVE answering questions about the USDA loan option (also called Rural Development Loan) and ALL loan options. Yes…unfortunately some lenders discourage the use to certain loans and programs, but it might just mean they don’t have a lot of knowledge about the program. We DO and we’d love to help you!! . . . #mortgage #firsttimehomebuyer #housingmarket #homebuying #mortgagemyths #mortgagelender #iowa #iowarealestate #realestate #firsthome #VAloans #loan #iowamortgagelenders #loanofficers #iowaloanofficers #mortgageloans #downpayment #homeowner #IFA #downpaymentassistance #preapproval #loanoptions #preapproval #mortgageprocess #interestrates #refinance #homeownersinsurance #Ruraldevelopment #USDA

Discover the latest loan limit updates for 2024 and uncover how FHA, VA, Conventional, and USDA loans are impacted. 💼 #LoanLimits2024 #FHALoans #VALoans #ConventionalLoans #USDALoans #HomeBuying #MortgageUpdates #RealEstate #HomeOwnership #HousingLoanLimits #MortgageLending #GovernmentLoans

This is an easy to read article that lays out basic information about USDA loans. Many of our lenders offer USDA and it's surprising how many areas are eligible for this product. Take a look! #homeloans #firsttimehomebuyers

Confused about USDA vs. FHA loans? Discover the key differences in eligibility, down payments, and benefits to find the best option for your home financing! 🏡💰 #USDALoan #FHALoan #HomeLoans #MortgageTips

Have you heard about assumable loans? This is when you take over the existing loan of the seller when you buy their house. This is great when people who are selling currently have an interest rate that is under the current market rate. Check the descriptions of the house listings to see if the realtor marked the loan as assumable. If they did, you will have to check with the sellers lender and get qualified with them to see if you meet their assumable guidelines. One thing to keep in mind, if they are selling the house for $400,000 and their loan is only for $300,000, you will have to make up the difference. Assumable loans are most common with government loans.  #assumableloan #assumablemortgage #househack #homeloans

Confused about USDA vs. FHA loans? Discover the key differences in eligibility, down payments, and benefits to find the best option for your home financing! 🏡💰 #USDALoan #FHALoan #HomeLoans #MortgageTips

Wondering how much $ you’ll need to buy a rural home? Maybe none if you qualify for a USDA loan! From 100% financing – meaning no down payment – to some loans allowing closing costs be written into the loan – home ownership is in reach! Call us today to learn more. #HomeFinancing #MortgageAdvisor #RealEstateInvesting #HomeBuyerTips #MortgageOptions #PropertyInvestment #FinanceYourFuture #MortgageGoals #HomeOwnershipDreams #DreamHome #MortgageDeals #SmartHomeBuying #RealEstateAdvice #LoanApprovalSuccess #HomeLoanSpecialist #HomeBuyingMadeEasy #MortgageRatesToday #HomeLoanApproval #CreditScoreTips #FirstTimeHomeBuyerGuide #PropertyFinancing #HomeInvestmentTips #MortgageExpertise #HousingMarketInsights #LoanPreapproval #RealEstateFinance #HomeLoanJourney #MortgageEducation #FinanceYourDreamHome #PropertyOwnership

Bridging finance is short term secured funding. Bridging loans are fantastic financial products when used in the right situations and understood. Some scenarios they are suitable for include: 📌 Buying property at auction 📌 Buying land 📌 Buying dilapidated property or property with defects 📌 Buying unmortgageable property 📌 Renovating run down property 📌 Refinancing property for a short period of time or in an urgent situation 📌 Refinancing land 📌 To maintain a property purchase when a chain has collapsed 📌 To release capital from land or property quickly 📌 When a mortgage completion is delayed or an offer has been withdrawn This list is by no means exhaustive. Bridging loans can be completed very quickly with minimal underwriting and secured on property that mortgage lenders would not lend on and for these reasons, bridging rates are far higher than mortgage rates. Interest can be serviced monthly in advance. If interest is rolled or retained, no monthly loan repayments are required. To find out more about bridging finance or if you need a bridging loan, contact us today at info@outstandinggrowth.com #bridgingloans #bridgingfinance #bridgethegap #chaincollapse #propertybuyer #propertyinvestor #finance #shorttermloan #securedloan #urgentloan #refinance #rebridging #borrowing #loanoptions #dilapidatedproperty #rundownproperty #tenantdamage #financialsolutions #landbuyer #financebrokers #outstandinggrowth