PCS’ing in the next 12 months and not sure where to begin? This is how you do it.

If a Veteran or spouse want to buy a home within the next 12 months that is definitely allowable per the VA handbook 26-7. Beyond 12 months is not allowed though. A spouse can occupy the property and meet the primary residence guidelines to get an approved VA loan. Some lenders will not allow being […]

Purchasing a foreclosure with a VA loan

A question I get a lot is can I buy a foreclosure with a VA loan and the answer is YES. The only caveat is that the home must meat the VA minimum property requirements which I will list below. The main ones I see are pealing paint, lack of handrails and GFCI outlets where […]

Anne Arundel Veteran property tax exemption

  Anne Arundel county Veteran property tax exemption is now available. There are two tiers below 100% that they will accept. (1) 50% of the County property tax imposed on the dwelling house if the disabled veteran’s service-connected disability rating is at least 75% but not more than 99%; or (2) 25% of the County […]

I”m pre-approved, now what?

Getting a mortgage pre-approval is a great first step to buying a home. Knowing what to do next is super important to making sure your home buying process goes smoothly. The most critical thing is to communicate with your lender and real estate agent to ensure everyone is on the same page an managing expectations […]

New 2022 Maryland County Loan Limits (MD)

Maryland is relatively unique in that the state has 5 high cost counties with “high balance” loan limits up to $947,500 and the rest are $625,000 for one-unit properties in 2022. The high cost counties are Frederick, Montgomery, Prince Georges, Calvert and Charles counties. This is great news for home buyers who would like to […]