Buying Florida

Ever wonder what's involved in getting a loan when you're buying property?

This episode breaks it down and walks you through the process of getting your loan and explaining what's involved, starting with:

• Taking the phone application
• Sending out the electronic package
• Going over the CD
• Electronically signing package
• Uploading your supporting documents
• Processing
• Review file
• Email out any outstanding conditions
• Submit loan
• Order appraisal and title
• Shop insurance
• Out of underwriting - any outstanding conditions
• Get mortgagee clause
• Clear loan
• Send to title

Don't stress about the situation...I've got you covered and I welcome you calls to answer questions. Find me at www.ddamortgage.com

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1.  Buying a home - should you go FHA or conventional
2. What are the differences between the 2
3. What about putting 20% down and less than requires PMI
4. What are the down payments for owner occ, second home, and investment
5. What is the difference in rate
6. What is the difference between and arm and fixed
7. What are differences in costs

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What should YOU be aware of when buying a home in Florida? Find all the answers in this episode:

1. The answer is yes you are protected
2. Find and use a realtor
3. What is in place to protect you from what the realtor does for you
4. How does applying for a mortgage protect you, for example appraisal, title insurance , survey, pest inspection
5. Closing - what do you do when it is time to send funds for closing, what is the major fraud thing happening and what to do
6. After closing , you get things in the mail, letters that you owe for this and your loan is sold

Learn more at www.ddamortgage.com

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Topics covered:

1. Buying investment property conventionally
2. Are we back in 2008?
3. Discuss other options for those that have out of the box situations
4. Going NINA how does it work
5. Why would you go NINA
6. Does it fall under the Dodd Frank Bill
7. Second homes, primary out of the box loans
8. foreclosure/short sale/ Bankruptcy

Visit my website for more info and to get in touch with me at www.ddamortgage.com

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It's not as difficult as you think to own property in the US and more specifically, Florida

In this episode I talk about:

1. Who is considered a foreign national
2. Who does foreign nationals
3. What are the requirements
4. Do you need  a green card?
5. Do you need a job?
6. Do you need tax returns and bank statements?

Find out about something brand new that makes it even easier to own investment property in the US. Remember this - NINA

Check out my website for more info www.ddamortgage.com

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Listen and find out the various types of renovation loans

• FHA203k limited and full
• Conventional
• VA Home Improvement

There are many opportunities out there for buying and it IS possible to get what you want. Let me show you how.

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I'm always surprised to learn that so many VAs never take advantage of VA loan opportunities and maybe because there are so many assumptions out there. I'm going to clear up the confusion and squash those fears about what you can and cannot do or qualify for.

In this episode find out:

Who is eligible

How does it work

How does it compare to other loans

What types of properties can you buy and tips about condos

Does the house have to be perfect?

1. What other features does VA have - home improvement
2. Construction perm

How much can VA go up? Up to 100% and then what happens when you go Jumbo?

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This episode will cover:

• how much of a down payment is required for FHA, VA, Conventional non qm loans
• where the down payment can come from
• what about closing costs?

Also covered are the differences between investment and primary residence and how that affects your buying options.

For more info and ask questions visit http://www.ddamortgage.com

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Does credit affect you getting a mortgage

This premier episode starts off where you need to start when you're thinking about buying property. Didier talked about credit scores, no scores, and the super important - how to get credit

How does all of that affect getting a mortgage? Find out all the ins and outs from someone who's been doing this for 30+ years.

Get more info on how to buy in Florida by contacting Didier through his website at http://www.ddamortgage.com/

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