Realty Source

Congratulations to Alexis Cruze with Realty Source on the successful sale of 1545 Virgilina Avenue in Norfolk, Virginia! 🏡🎉

Alexis did an amazing job helping her buyers navigate the home purchase process every step of the way, making sure they felt confident and supported throughout the transaction.

We are proud to see her continue helping clients achieve their homeownership goals. Great work, Alexis! 👏

🗣For my Self-Employed Clients. Listen up! Many of you Self-Employed can't get approved for a mortgage because your Schedule C has too many write-offs, therefore, reducing your income or may not have any Tax Returns!

Bank Statement Loans Are An Excellent Option For Someone Looking To Purchase Or Refinance A Home 🏡 And Cannot Provide "traditional" Income Documentation I.e., Tax Returns As A Means Of Qualification.

Unlike Most Loan Programs In The Marketplace, This Loan Allows You To Use Your Bank Deposits Instead Of Traditional Income Documentation. This Program Is Centered Around The Self-employed Entrepreneur 🙋‍♂️🙋‍♀️, Who Generates Income That May Not Be Fully Reflected On Their Tax Returns.

You submit (12) months of 🏦 Bank Statement from either your personal or business accounts.

Yes, your CREDIT still has to be on 🎯point but these programs take the headaches out of the process for self-employed persons.

Also, you will need to make a downpayment so if you are serious start saving your coins 💰and stop the foolish spending.

USDA loans are one of the most overlooked options out there.
A lot of people assume they don’t qualify, or that it’s only for very specific situations - but that’s usually not the case.

If you’re open to certain areas, this can be a way to get into a home with little to no money down, and sometimes even roll in things you didn’t think were possible.

I’ve had plenty of conversations where someone thought they needed more saved or needed to wait longer, and then realized they were already in a position to make a move.

It’s just not something most people hear about unless someone brings it up.

Know more about the types of loans available!

A lot of people hear “conventional loan” and assume it’s complicated… it’s really not.

It’s actually one of the most common ways people buy a home.

Simple, predictable, and flexible… which is exactly what most people are looking for.

And no, you don’t need 20% down to make it work. That’s one of the biggest misconceptions I still hear.

If you’re trying to keep things straightforward and avoid surprises, this is usually where I start the conversation.

More on the many different types of loans next week.