USDA Mortgages for 2022

posted in: Mortgages

For many young people or others with limited resources in terms of down payment, credit history, or other limiting factors an often-overlooked program is the one-hundred percent loan program offered by the United States Department of Agriculture. What follows are … Read More

VA Purchase Money Loans

posted in: Mortgages

One of the overlooked benefits that are offered to veterans who have sacrificed their time, energy, and sometimes blood, is the availability of a VA-backed mortgage for the purchase of a home. In this day and age of rising costs … Read More

FHA vs Conventional Mortgages

posted in: Mortgages

Because there are many mortgage programs available for the average consumer, the choices can be confusing. The loan officer at 7th Level Mortgage will go over the different programs with you. The purpose of this blog is to provide you … Read More

Home Ready Qualifying Requirements

posted in: Mortgages

In a previous blog, I announced that 7th Level Mortgage is accepting applications for the FNMA program called Home Ready. The purpose of this blog is to outline the application process in very simple terms and how to qualify for … Read More

Home Ready Program for 2022

posted in: Mortgages

For those of you that are looking to purchase a home with a LOWER (yes LOWER!) down payment then the much-vaunted FHA program, Fannie Mae, beginning January 23, 2022, is offering a low down payment option called Home Ready.  7th … Read More

Reverse Mortgage Update for 2022

posted in: Mortgages

With the uptick in maximum loan amounts, reverse mortgage limits have also increased. What this means for you is that you can pull out even more ready cash for your needs In this article I am going to provide a … Read More

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