Can You Get an FHA Loan on a Manufactured Home?
With the cost of buying a home increasing, some homebuyers turn to manufactured homes as a more affordable alternative. However, getting a mortgage to cover this type of home can be a bit tricky....
View ArticleFHA 100 Mile Rule: FHA Guidelines to Know
In most cases, the general FHA guideline is that borrowers may only have one FHA loan at a time. However, there are exceptions to this guideline thanks to FHA’s 100-Mile Rule. The two exceptions:...
View ArticleThe Ultimate Holiday Gift Guide For Homeowners 2021
Are you looking for the perfect gift for the new homeowner on your holiday shopping list? This holiday gift guide is full of unique gift ideas to delight your homeowners and make their lives easier....
View ArticleVA Appraisal vs. Home Inspection: What’s the Difference?
The VA appraisal process and the report itself get a bad rap, and they are often misunderstood. A topic we want to clarify is the misunderstanding that the Veterans Administration requested appraisal...
View ArticleAnswers to Your Most Pressing VA Appraisal Questions
Military Service Members and Veterans are in a unique position to take advantage of the many benefits of VA loans. But to secure your VA loan, you need to meet the VA appraisal requirements. Here are...
View ArticleEverything You Need to Know About VA Closing Costs
VA loans are a handy way for military members to get onto the housing ladder without the need for a down payment. However, there are still costs you’ll need to pay, called VA closing costs. This can...
View ArticleExploring Fannie Mae Manufactured Home Loan Financing Options
Manufactured housing is a low-cost alternative to site-built homes that many Americans are opting to purchase. These types of homes are built primarily off-site in multiple sections and are then...
View ArticleConforming Loan Limits Increase for 2022 Home Buyers
Want to find out what this change means for your conventional loan purchase? Follow the link below to chat with a loan officer. .fha_cta .ebook-img img { border-radius: 50%; box-shadow: 0px 8px 5px...
View ArticleTop Producing Loan Originators Join the OVM Financial Team
OVM Financial is proud to announce that Sherry Reid and Brad Schloss have joined the OVM family as Branch Managers along with Mortgage Loan Originator Ryan Hendrickson, and Loan Officer Assistants...
View ArticleFHA Loans in Florida
So you’re looking at financing your new home in Florida? Perhaps you’ve been exploring several other states as a future home and are wondering “Can I get an FHA loan in Texas?” or maybe you’d like to...
View ArticleFHA Loans In Texas
Are you considering financing your home purchase with an FHA loan in Texas? Perhaps you’ve been looking all over America for your next home and are wondering “How can I get an FHA loan in Florida?” or...
View ArticleFHA vs. VA Loan Comparison Guide
As you prepare to buy that first home, you may be wondering what home loan options are available to you. As a first-time homebuyer and active-duty service member, veteran, or survivng spouse, you can...
View ArticleFHA Loan Requirements PA (Pennsylvania)
Purchasing your first home can be intimidating, especially if you haven’t banked big bucks for a down payment. However, with a Federal Housing Administration (FHA) loan, you can purchase your first...
View ArticleFHA Loan Requirements GA (Georgia)
You’re ready to purchase a home. Great! But if you’re a first-time home buyer, it can be intimidating, especially if you haven’t banked some bucks for a big down payment. Luckily, Federal Housing...
View ArticleFHA Loan Requirements TN (Tennessee)
Purchasing your first home can be exciting but also intimidating, especially when you consider that big down payment. But the Federal Housing Administration (FHA) has loan options and assistance to...
View ArticleOVM Financial Announces 2021 President’s Club Inductees
The numbers are in, and the time has come to announce our 2021 President’s Club roster! This year’s list features eight new members and a total of 29 Mortgage Loan Originators. OVM Financial’s...
View ArticleThe Pros and Cons of the FHA Streamline Program
Are you considering refinancing your FHA mortgage? The FHA Streamline program has become a popular option for refinancing, but it’s important to consider the FHA Streamline program pros and cons to...
View ArticleAre there FHA Income Limits to Consider When Financing a Home?
If you’re thinking about purchasing a home, you may wonder: “Can I make too much money or too little money to qualify for an FHA home loan?” The answer is “no.” There is no minimum or maximum when it...
View ArticleWhat are the Requirements for an FHA loan in Illinois?
When you’re planning to purchase your first home, you might worry about meeting the requirements for a down payment. Luckily there are resources available to help you reduce that required amount. The...
View ArticleWhat’s the FHA Minimum Credit Score?
Are you looking to purchase your first home but worried you may not have a high enough credit score to qualify for a mortgage? Most conventional mortgage loans, for example, require a minimum credit...
View Article