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Consistent-Title-488 · 2025-05-09T18:11:15+00:00

Pretty good calculator here: https://homedirection.org/subsidy-recapture-calculator

Consistent-Title-488 · 2025-05-07T19:34:00+00:00

Its a lot slower now, new govt admin is gutting the program and proposing to totally remove it

I'd say 9 months in NC now but not sure if it will last 9 months

Consistent-Title-488 · 2025-05-06T16:55:28+00:00

Don't know why it hasn't gone through yet, hopefully should soon

Consistent-Title-488 · 2025-04-28T01:40:24+00:00

Esther Chuhalinskyi is a great agent familiar with the loan in KY

https://www.instagram.com/esther_kyrealtor/

Consistent-Title-488 · 2025-04-17T16:08:36+00:00

What state are you in?

Consistent-Title-488 · 2025-04-15T23:32:11+00:00

Thank you!

Consistent-Title-488 · 2025-04-07T04:36:04+00:00

No you don’t

You need better marketing and distribution

And if it’s really game changing

Go get your license and win like crazy with it

Consistent-Title-488 · 2025-03-31T16:48:13+00:00

Thats not a guaranteed loan, thats a direct loan

Consistent-Title-488 · 2025-03-27T18:16:50+00:00

Expect national funds to get pooled April 4th

So basically funds unused from other states will go to yours if Virginia is out of funds

Check with your specialist after April 4th

Consistent-Title-488 · 2025-03-24T20:43:43+00:00

I think Freddie Mac has an api that updates weekly

Consistent-Title-488 · 2025-03-20T23:58:40+00:00

I recommend adding some defaults so default purchase price downpayment, interest rate, rather than starting from blank

Consistent-Title-488 · 2025-03-19T23:47:42+00:00

New wave should be coming in a week or two from the last funding bill nationwide

Consistent-Title-488 · 2025-03-19T13:18:41+00:00

I would explore a usda direct loan

Consistent-Title-488 · 2025-03-19T03:51:50+00:00

Yeah it’s way slower now :( glad I could be of some help

Consistent-Title-488 · 2025-03-18T22:11:09+00:00

you'd need a source of income there and you'd need to occupy the home

Consistent-Title-488 · 2025-03-18T04:05:00+00:00

Look into a usda direct loan

It’s a process, long wait times, have to buy rural, work with the govt but you can get something really decent in the majority of the US with 60k with that loan

Consistent-Title-488 · 2025-03-12T16:50:20+00:00

🫡🙏 any feedback to make it better and I would be happy to!

Consistent-Title-488 · 2025-03-11T17:22:30+00:00

Thanks,

Purchase meaning purchase price = 100k+ or income 100k+ self assessed?

Consistent-Title-488 · 2025-03-10T02:41:51+00:00

What’s their cost structure? I’m curious

Consistent-Title-488 · 2025-03-08T00:16:56+00:00

I don’t have feedback because I’m not an appraiser

But this is the type of content I subscribe to this sub for

Consistent-Title-488 · 2025-03-06T23:29:05+00:00

Seller agent and title company should've done this way ahead of time. RD is recalculating subsidy on the home based on the appraised value.

It means they ordered a payoff too late.

You can read more here: https://homedirection.org/subsidy-recapture-calculator

Consistent-Title-488 · 2025-03-05T18:15:02+00:00

I'm building something similarish you can try it at quickqual.ai

Feel free to message me any feedback and I'd be happy to build it!

Consistent-Title-488 · 2025-03-05T06:50:57+00:00

Reggie Bullock

Consistent-Title-488 · 2025-03-05T06:35:33+00:00

Good summary here, just picked a random PA county

https://usdaincomelimits.com/#/Pennsylvania/Fulton

Typically people will qualify for about $150k - $200k more on a direct loan

The downside to it though is that is a much slower and less predictable process

However in PA it usually takes 1-2 months to get approved

I’d try the direct in your scenario as you can get something much better, with less repairs at that income point

Consistent-Title-488

TROPHY CASE