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25 August 2017 | 12 replies
I think it's a one time fee roughly 2.15% of the loan, but you are exempt from the funding fee if you have VA service connect disability (10% or more).
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7 September 2016 | 22 replies
One of those situations is when the tenant is over age 62 or disabled and has lived in the unit for more than 10 years.
10 September 2016 | 10 replies
However, please note that the elderly, disabled and children have some protection over a owner move in eviction.
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28 September 2016 | 5 replies
Not normal - threatening to sue me if I kicked him out as he is on disability and I am causing him distress, and threatening to have the tenants who complain to talk to him (probably plan on beating them up or something).
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26 August 2017 | 21 replies
For instance disabled, or over 65 or homestead exemptions can significantly lower the property taxes until you buy the house as an investor and everything is reassessed.
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23 August 2017 | 3 replies
I am a disabled veteran with a small amount of capitol and not much of an income to get anymore in the near future.
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29 August 2017 | 4 replies
Hi Quinton,This may or may not be applicable to you, but if by "unemployed" you mean "on temporary disability, but my job is waiting for me when I get better, and we have an estimated return to work date," than this would be a scenario where ADA trumps ATR and you can still get a traditional mortgage.Fannie guideline on long-term/permanent disability, on social security disability, and on what may be applicable to you: "temporary leave income," which includes short term medical disabilities.For that last one:Just like women/men on maternity/paternity/pregnant leave, a gap between temporarily reduced income due to medical condition, and your normal income, can be made up for using asset depletion.
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5 September 2017 | 14 replies
Find a lender/broker who is very familiar with these loans and you should be fine.You do not have to pay the fee if you are a: Veteran receiving VA compensation for a service-connected disability, ORVeteran who would be entitled to receive compensation for a service-connected disability if you did not receive retirement or active duty pay, ORSurviving spouse of a Veteran who died in service or from a service-connected disabilitysource: https://www.benefits.va.gov/homeloans/purchaseco_l...Source for how much your funding fee will be: https://www.benefits.va.gov/homeloans/documents/do...Curious as to why you are exempt from property taxes.
31 August 2017 | 3 replies
Lots of permanent renters, people on disability/welfare, Section 8.
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6 September 2017 | 8 replies
We are both physical therapists and we do not find it wise to have 100% of our income be reliant on being physically able to work (disability insurance can only provide so much comfort).