Amy Bell, Mortgage Consultant with Usher Financial Group shares Mortgage Opportunities for Borrowers. If you are a Self-Employed Borrower, First Time Borrower or are a Teacher, Firefighter or Police Officer seeking a mortgage loan, then tune in! “I’m excited to let our listeners know about how some lending rules have recently changed to allow more borrowers to qualify for home purchase loans.” Says Amy.
Self-Employed Borrowers: – Less strict tax return documentation needed – No longer need 3 years of business to qualify
Non-Occupying, Co-Borrowers: – Help a younger, first time borrower buy a home – Help build their credit and gain equity
The Star Loan Program: – For teachers, firefighters and police officers – Reduced loan underwriting and processing fees – Gives back to those who give so much!
Also in this segment, Kim Dodge, Mortgage Consultant with Usher Financial Group. Kim reviews the Reverse Mortgage Home Purchase Loan and Reverse Mortgage Re-Finance Loan.
A Reverse Mortgage or Reverse Mortgage Re-Finance Loan: – Age 62 or over – Pay only the taxes and insurance and maintain the home – NO MONTHLY MORTGAGE PAYMENT
Listen to Amy Bell and Kim Dodge to learn more about all of these mortgage options!