OVM News | OVM Financial - Lending Redefined
July 12, 2018

Does FHA Require Collections To Be Paid Off?

A collection results from a borrower’s nonpayment of debt and that debt is submitted by the creditor to a collection agency. It is not uncommon for buyers to have collections reporting on their credit report.  Collections can not only vary […]
July 11, 2018
credit inquiry

Will a Credit Inquiry Hurt My Mortgage Loan Approval?

While buying a house, this is not the time to start shopping for a car, loan refinance, or new credit cards. Regretfully, many buyers consistently continue to apply for new types of credit while in the home purchase process. Even […]
June 28, 2018

3 Ways to Improve Your Credit Score That Won’t Break the Bank

Buying a home is a huge step forward in life for so many. Did you know that as little as one credit score point could mean a better interest rate or even the difference between approval and denial? It’s true! In today’s […]
June 25, 2018

5th Annual Pick-A-Charity Bash

The time has come to begin planning for OVM Financial’s 5th Annual Pick-A-Charity Bash. The annual event, hosted by OVM Financial, has benefited more than 30 501(c)(3) organizations. All of the event details and sponsorship information can be found below. If […]
June 18, 2018
energy efficent

VA Energy Efficient Mortgage Helps Veterans Lower Utility Bills

Let’s face it, finding the perfect home can be tough at times. It is especially difficult for a buyer to find a home in excellent condition, but maybe the state is acceptable, or the seller will make some repairs.  Possibly […]
June 15, 2018

2018 – 2019 USDA Income Limits Increase Helps More Buy With No Money Down

First of all, let’s get a few common misconceptions out of the way. USDA loans are NOT just for low-income buyers and small priced homes that are only way out in the country on a farm. These shared beliefs make […]
June 11, 2018

Buying a Second Home is Easier Than You Think

Maybe you work very hard throughout the week and need a relaxation spot. Possibly you have completed a career, want to keep living where you are, but want an oasis to visit often. What if retirement is a few years […]
May 29, 2018

How Does A Renovation Loan Work? Here’s The Answer.

Have you found your home in the perfect neighborhood, the right school district, but it needs work? Maybe the layout is perfect, but it looks like you’ve transported yourself to the 1970’s when entering the front door. Even if it […]
May 29, 2018

Buying and Selling a Home During Hurricane Season

Living in a coastal southern or eastern state means paying attention to the Weather Channel from June 1 through November 30. Everyone knows that is hurricane season, and it has proven to be devastating from Texas, Florida, North Carolina, Virginia, to […]