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OVM NEWS & RESOURCES

3 Tax Transcript Solutions for Home Buyers in a Hurry

Buying a home comes with some head scratching processes for home buyers. Although once explained, they usually make sense. One of these include lenders asking...

February 22, 2019 Read More

Home Improvement Loan Solutions For Veterans

With just about every house, there comes a time when home improvements are desired or required. It may be a necessary repair, minor upgrades, or a...

February 22, 2019 Read More

Can I Use Unemployment Compensation as Income to Buy a...

Most are at least familiar with the term unemployment income which assists those out of work. It is offered to out of work employees through...

February 12, 2019 Read More

Is It Possible to Get a Mortgage If I Work...

The norm used to include holding a job for 40 years until retirement. Furthermore, it was customary going to work at the same local plant,...

February 4, 2019 Read More

5 Myths About Buying A Home With Retirement Income

Retirement comes in many forms and looks different for each person. For one person, retirement means extra income while working another job. While another looks...

February 1, 2019 Read More

What You Need to Know as a Virginia First Time...

Buying a home for the first time should involve up-front research and getting a crash course in real estate, finance, and mortgage lending all at...

January 29, 2019 Read More

401k and IRA Distribution Rules Provide Borrowers Income to Buy...

Many retirement aged buyers have worked so hard most of their lives to build a retirement nest egg. A primary goal is to accumulate enough...

January 28, 2019 Read More

Living in North Carolina is Easier With First Time Buyer...

Year after year, North Carolina continues to rank high as a great place to live. So, it’s no surprise that more people are choosing to move...

January 24, 2019 Read More

Closing Day Expectations Explained From Beginning to End

Buying a home is a process, and the reward is finalized by closing on a house. Better yet, buyers want to get the keys to...

January 22, 2019 Read More

What Is Earnest Money and How Much Should a Buyer...

Buying a home is a big step, and that is especially true for first time home buyers. Therefore, it is essential to understand the purchase...

January 22, 2019 Read More

Per Diem Interest Explained for Home Buyers

Have you ever wondered why mortgage lenders always have their mortgage payments due on the first of each month? Maybe you are buying a home...

January 16, 2019 Read More

Home Appraisal Questions Answered for Home Buyers

Buying a home can be one of the most exciting times in life, but one step in the home buying process strikes fear or uncertainty in...

January 9, 2019 Read More

USDA Eligibility Map Instructions for a No Money Down Purchase

The USDA eligibility map is used to check property eligibility, which is one of the two main USDA loan qualification requirements. Therefore, to access USDA...

January 8, 2019 Read More

The Most Comprehensive USDA vs. FHA Loan Comparison for Buyers

Whether a first time or repeat home buyer, many seek mortgages offering low down payments, flexible guidelines, and affordable payments. Often, two very popular options...

January 3, 2019 Read More

The 2019 VA Loan Limit Increase Will Help Veteran Buyers

Just like conforming loan limits, 2019 VA loan limits have increased for loans closed between January 1 – December 31, 2019. Each year, FHFA considers...

December 5, 2018 Read More