866-719-1424

OVM NEWS & RESOURCES

FHA Mortgage Insurance Most Popular Questions Answered for Buyers

Sufficient down payment is one of the largest hurdles when buying a home, especially for first time home buyers. Fortunately, first time and repeat buyers...

June 13, 2019 Read More

FHA Lead Based Paint Requirements When Buying or Selling a...

Looking for that perfect home for your family? Maybe an older home is more your style? Possibly looking to buy an older, fixer upper project?...

June 11, 2019 Read More

What to Look for When Buying a Pet Friendly Home

Pets are an integral part of families these days and finding pet friendly homes can be difficult. In many instances, dogs, cats, and other animals...

June 2, 2019 Read More

Top 5 Perks for Home Buyers With a Good Credit...

What is a good credit score? If you didn’t know already, when it comes to credit everyone has a number. This number is known as...

June 2, 2019 Read More

Reasons the FHA Case Number Could Save You Money or...

Any buyer or homeowner using an FHA loan to purchase or refinance a home will have a number assigned during the FHA mortgage process. If...

May 28, 2019 Read More

If My Home Appraised For More Than the Purchase Price...

Appraised value vs purchase price is a popular topic and confuses many. In a perfect world, buyers hope to buy a home with instant equity....

May 21, 2019 Read More

NCHFA Offers Down Payment Assistance & More For NC Home...

North Carolina residents have a champion which offers affordable housing products through approved mortgage lenders. The NC Housing Finance Agency, also known as NCHFA, helps...

April 17, 2019 Read More

What is the HUD Consultant Role in a Renovation Loan?

Are you one of the rising number of buyers or homeowners that have chosen a renovation loan? Many now realize that finding the perfect home...

April 17, 2019 Read More

Co Borrower Rules When Buying a Home

There are so many reasons to buy a home. Reasons include building wealth through equity, potential tax deductions, avoiding rent increases, making the home your...

April 12, 2019 Read More

Mortgage Interest Rates Drop Surprises Experts & Gives Buyers a...

Every homeowner or prospective buyer has heard the experts on TV, mortgage lenders, and Realtors say for a while, “You better act now because interest...

April 12, 2019 Read More

OVM Leaders Featured On the 2018 Scotsman Guide Top Originators...

Each year, we anticipate the release of Scotsman Guide’s Top Originators list. The 10th annual list features three OVM Financial Mortgage Loan Originators. Congratulations to...

April 4, 2019 Read More

What Professionals Are Involved in the Home Buying Process?

The home buying process involves many layers of parties to get the job done. The number of real estate professionals depends on the property and/or borrower...

March 21, 2019 Read More

Swimming Pool Financing: How To Finance Installation or Repair

Let’s face it, buyers and homeowners either love or hate pools. There’s usually no in between. Pool lovers often find out that mortgage loan programs...

March 20, 2019 Read More

2019 FHA Guideline Changes

Effective March 18, 2019, FHA guidelines have changed. The Federal Housing Administration (FHA) has announced new stricter underwriting guidelines for borrowers with lower credit scores...

March 19, 2019 Read More

What To Do After Having a Mortgage Loan Denied at...

Having a mortgage loan denied at closing is the worst and is much worse than a denial at the pre-approval stage. Although both denials hurt,...

March 18, 2019 Read More