The 1st Time Homebuyer Show w/ Gizmo by House Rich

The USDA loan provides low- & moderate-income households the opportunity to own adequate, modest, decent, safe and sanitary dwellings as their primary residence in eligible rural areas.Eligible applicants may purchase, build, rehabilitate, improve or relocate a dwelling in an eligible rural area with 100% financing. The program provides a 90% loan note guarantee to approved lenders in order to reduce the risk of extending 100% loans to eligible rural homebuyers – so no money down for those who qualify!

This is a show for millennial first time home buyers looking to buy their 1st home and build generational wealth through real estate. Real estate is a way to build black wealth and close the wealth gap.

Home Buyer Education

Home tips on the go, listen to the podcast https://www.houserichshow.com

Email: [email protected]

First Time Home Buyer School- https://www.facebook.com/groups/fthbschool

Home Buying & Credit Courses-https://coinsnculture.gumroad.com/l/rHHKs

TikTok https://www.tiktok.com/@coinsnculture

IG- https://www.instagram.com/coinsnculture/

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USDA Eligibility Map: https://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do?pageAction=sfhprev

Late update I'm covering the impact the 2.1.23 rate hike will have on the housing market, mortgage rates and where things may go from here.

First Time Home Buyer School- https://www.facebook.com/groups/fthbschool

Home Buying & Credit Courses-https://coinsnculture.gumroad.com/l/rHHKs

TikTok https://www.tiktok.com/@coinsnculture

IG- https://www.instagram.com/coinsnculture/

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These are 6 mistakes I've been 1st time homebuyers make in a 7 yrs in the mortgage industry.The mistakes that didn't make the list were: think you can rehab a property yourself, thinking you can time the housing market & listening to guru credit hacks/ short cuts. These are the top 6 common 1st time homebuyer mistakes.

This is a show for millennial first time home buyers looking to buy their 1st home and build generational wealth through real estate. Real estate is a way to build black wealth and close the wealth gap.

Home Buyer Education

Home tips on the go, listen to the podcast https://www.houserichshow.com

Email: [email protected]

First Time Home Buyer School- https://www.facebook.com/groups/fthbschool

Home Buying & Credit Courses-https://coinsnculture.gumroad.com/l/rHHKs

TikTok https://www.tiktok.com/@coinsnculture

IG- https://www.instagram.com/coinsnculture/

@coinsnculture

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VA helps Service members, Veterans, and eligible surviving spouses become homeowners. As part of the VA's mission to serve you, they provide a home loan guaranty benefit and other housing-related programs to help you buy, build, repair, retain, or adapt a home for your own personal occupancy.  VA Home Loans are provided by private lenders, such as banks and mortgage companies. VA guarantees a portion of the loan, enabling the lender to provide you with more favorable terms.  

This is a show for millennial first time home buyers looking to buy their 1st home and build generational wealth through real estate. Real estate is a way to build black wealth and close the wealth gap. 

Email: [email protected] 

First Time Home Buyer School- https://www.facebook.com/groups/fthbschool

Home Buying & Credit Courses-https://coinsnculture.gumroad.com/l/rHHKs

TikTok https://www.tiktok.com/@coinsnculture

IG- https://www.instagram.com/coinsnculture/

@coinsnculture coins-n-culture  

VA website:https://www.benefits.va.gov/homeloans/Who is eligible for a VA loan: https://www.va.gov/housing-assistance/home-loans/eligibility/Obtaining COE as a surviving spouse VA loan: https://www.va.gov/housing-assistance/home-loans/surviving-spouse/

These are 11 cities that'll pay for your moving costs, provide down payment assistance or other incentives to  move there. Here are a few of the cities in no particular order. Check out the episode for all 11. * Paducah, Kentucky * Greater Rochester, New York * West Lafayette, Indiana (Home of Perdue University) * Tulsa, Oklahoma * Cities in Southwest Michigan * Topeka, Kansas 

This is a show for millennial first time home buyers looking to buy their 1st home and build generational wealth through real estate. Real estate is a way to build black wealth and close the wealth gap. 

Email: [email protected] 

First Time Home Buyer School- https://www.facebook.com/groups/fthbschool

Home Buying & Credit Courses-https://coinsnculture.gumroad.com/l/rHHKs

TikTok https://www.tiktok.com/@coinsnculture

IG- https://www.instagram.com/coinsnculture/

@coinsnculture coins-n-culture  

Article from Zillow and the details on how to move to these locations: https://www.zillow.com/resources/stay-informed/cities-that-pay-you-to-move-there/

The Neighborhood Assistance Corporation of America (“NACA”) is a non-profit, community advocacy and homeownership organization. NACA’s primary goal is to build strong, healthy neighborhoods in urban and rural areas nationwide through affordable homeownership. NACA has made the dream of homeownership a reality for thousands of working people by counseling them honestly and effectively, enabling even those with poor credit to purchase a home or modify their predatory loan with far better terms than those provided even in the prime market.  

This is a show for millennial first time home buyers looking to buy their 1st home and build generational wealth through real estate. Real estate is a way to build black wealth and close the wealth gap. 

Email: [email protected] 

First Time Home Buyer School- https://www.facebook.com/groups/fthbschool

Home Buying & Credit Courses-https://coinsnculture.gumroad.com/l/rHHKs

TikTok https://www.tiktok.com/@coinsnculture

IG- https://www.instagram.com/coinsnculture/

@coinsnculture coins-n-culture

An FHA 203k loan lets you purchase or refinance a fixer-upper and finance the needed repairs — all with a single loan and one monthly mortgage payment.  Sometimes called a “Rehab Loan,” this type of mortgage addresses a common problem when buying a fixer-upper home. Lenders often won’t approve loans for homes in need of major repairs. But because the lender tracks and verifies repairs when using a 203k loan, it is willing to approve a loan on a home it wouldn’t otherwise consider.  

This is a show for millennial first time home buyers looking to buy their 1st home and build generational wealth through real estate. Real estate is a way to build black wealth and close the wealth gap. 

FHA 203k success story https://youtu.be/lo9DwbcyrLg 

FHA 203k "un-success" story https://youtu.be/gDp3Ij6jktw 

Email: [email protected] 

First Time Home Buyer School- https://www.facebook.com/groups/fthbschool

Home Buying & Credit Courses-https://coinsnculture.gumroad.com/l/rHHKs

TikTok https://www.tiktok.com/@coinsnculture

IG- https://www.instagram.com/coinsnculture/ 

Belated MLK episode concerning MLK's "We're Coming To Get Our Check" speech from his Poor People’s Campaign.  

 This is a show for millennial first time home buyers looking to buy their 1st home and build generational wealth through real estate. Real estate is a way to build black wealth and close the wealth gap.

Email: [email protected]

 First Time Home Buyer School- https://www.facebook.com/groups/fthbschool

Home Buying & Credit Courses-https://coinsnculture.gumroad.com/l/rHHKs

TikTok https://www.tiktok.com/@coinsnculture

IG- https://www.instagram.com/coinsnculture/

@coinsnculture coins-n-culture

In this episode we cover the conventional loan down payment requirements, conventional loan credit requirements, conventional loan appraisals, conventional loan DTI, conventional loan gift requirements and a lot more tune in.   

This is a show for millennial first time home buyers looking to buy their 1st home and build generational wealth through real estate. Real estate is a way to build black wealth and close the wealth gap. 

Email: [email protected] 

First Time Home Buyer School- https://www.facebook.com/groups/fthbschool

Home Buying & Credit Courses-https://coinsnculture.gumroad.com/l/rHHKs

TikTok https://www.tiktok.com/@coinsnculture

IG- https://www.instagram.com/coinsnculture/

@coinsnculture coins-n-culture

Wells Fargo, long one of the biggest players in the mortgage business, is taking a big step back. The  bank announced a significant shift on Tuesday to focus its mortgage business on serving bank customers and minority homebuyers instead of acquiring new customers...  Wells Fargo said it will also exit its correspondent business, which buys loans made by other lenders, and reduce the size of its mortgage servicing portfolio.

 This is a show for millennial first time home buyers looking to buy their 1st home and build generational wealth through real estate. Real estate is a way to build black wealth and close the wealth gap. 

Email: [email protected] 

First Time Home Buyer School- https://www.facebook.com/groups/fthbschool

Home Buying & Credit Courses-https://coinsnculture.gumroad.com/l/rHHKs

TikTok https://www.tiktok.com/@coinsnculture

IG- https://www.instagram.com/coinsnculture/

@coinsnculture coins-n-culture