I have a question for you. I'm a nurse in Texas. Wanting to move to Oklahoma. First time buyer. Can I get financing to buy a home before moving there and starting a new job. Or do I need to be working in that state first?
New Subbie here and I’m so grateful i found you! Thank you for all you do especially when it comes to breaking down and simplifying the home purchasing process
We need to make a national holiday to celebrate this woman. I don't know who she is but I'm glad I found this channel. This is the info I didn't know I needed. There is hope lol
I’m pretty sure they’re not but if I wanted to build a home can I use one of these loans? What assistance loan will help someone trying to build a new home?
Great question! To be honest, I am not familiar with any assistance program that would help you with building a new home. In most cases, building is going to require a good amount of savings. Exceptions would be the USDA Construction or VA Construction loan both of which have so many restrictions that its hard to navigate!
Hello Nicole. Is there a USDA rural loan that allows the borrower to purchase land and a manufactured home (new of course) as a single loan. Would it include the site setup and utility infrastructure? Thanks, Tonette and Dave
Hi Nicole, I seen one of your videos about New FTHB Loans and how you said that the assistance and loan would cover a modular home if its attached. Would that also include a tiny home that is attached? thank you for your informative videos!
Hi Tammy! Honestly I think it would be property specific. The home would have to be on a permanent foundation and larger than 400sqft. If it meets those criteria, there's a chance you could use the FHA loan with the down payment assistance I mentioned.
@@NicoleNark Oh, well this property is only 400sqft. If any, what do you suggest is the best lender for tiny homes in NWA? Thank you for your response.
Shoutout from NW AR, it's Def gotten ridiculous around these parts, I'm about ready to make my 1st home purchase, doubt I'll see the outer end but maybe I can flip it at some point or rent it after I inherit my folks home...
Can you discuss the HUD Section 184 Indian Home Loan Guarantee program. I think you’re missing a good market with Native Americans who have access to this specific home loan.
Hello Nicole! Are there any existing down payment assistance programs (100% financing) with FHA loans (e.g. in California). I would really appreciate a response. Thank you
First, This video was posted in March. Second, the info is provided as a free resource. Interpret it however you want but the majority of my viewers seem to get value from my content.
Thank you for these sound and knowledgeable videos.
Glad you like them! 😊
Thanks for sharing this vedio so helped full..I’m in Arkansas Springdale n looking forward on getting my first home
Thank you for this , short straight to the point , very informative !!!
Thank you for the videos!
My pleasure! Glad you like them!
I am a home owner 🎉 congratulations to me, it’s happening, I’m thankful and grateful. The universe is guiding me. It is done 🎊 🎉😊
Congratulations 🎉
I have a question for you. I'm a nurse in Texas. Wanting to move to Oklahoma. First time buyer. Can I get financing to buy a home before moving there and starting a new job. Or do I need to be working in that state first?
incredibly helpful. You made this so easy to understand!
💯 Love your video, keep up the good work!
Thank you so much!
Hi Nicole, How do you feel about NACCA Loans and the pro's and con's thanks.
I love all your videos thank you
You are so sweet! Thank you for watching, Carol! I really appreciate it 😊
You did an amazing Job in explaining the USDA loan type. I am interested in a new construction loan.
New Subbie here and I’m so grateful i found you! Thank you for all you do especially when it comes to breaking down and simplifying the home purchasing process
i’m interested to buy a home,thank you Nicole
You are welcome! Please let me know if there is anything else I can do to help 😊
We need to make a national holiday to celebrate this woman. I don't know who she is but I'm glad I found this channel. This is the info I didn't know I needed. There is hope lol
National Nicole Nark Day!? I dig it 😂
@@NicoleNark lol 😂
I’m pretty sure they’re not but if I wanted to build a home can I use one of these loans? What assistance loan will help someone trying to build a new home?
Great question! To be honest, I am not familiar with any assistance program that would help you with building a new home. In most cases, building is going to require a good amount of savings. Exceptions would be the USDA Construction or VA Construction loan both of which have so many restrictions that its hard to navigate!
@@NicoleNark thanks for the response.
Nicole! you are simplY AMAZING! THANK YOU.
Wow, thank you!
I read somewhere that once you pay 20% of the loan you can call and request that mortgage insurance premium be taken off?
For fha loan…
Hello Nicole. Is there a USDA rural loan that allows the borrower to purchase land and a manufactured home (new of course) as a single loan. Would it include the site setup and utility infrastructure? Thanks, Tonette and Dave
Hi Nicole, I seen one of your videos about New FTHB Loans and how you said that the assistance and loan would cover a modular home if its attached. Would that also include a tiny home that is attached? thank you for your informative videos!
Hi Tammy! Honestly I think it would be property specific. The home would have to be on a permanent foundation and larger than 400sqft. If it meets those criteria, there's a chance you could use the FHA loan with the down payment assistance I mentioned.
@@NicoleNark Oh, well this property is only 400sqft. If any, what do you suggest is the best lender for tiny homes in NWA? Thank you for your response.
Thank you. This helped so much
So happy to hear that! 🙌
Can you please tell us who are new to USA,with green card and SSN,how long they need to wait to get loan to buy a house/condo?
Thank you
Is there a video of FTHB that need a loan but already own land? Or whats a better route?
Love your videos ❤!!
Thank you Nicole 🎉
Just found your channel. Thanks x 100
Welcome to the party! 😊
What is the closing cost?? Pls explain
Shoutout from NW AR, it's Def gotten ridiculous around these parts, I'm about ready to make my 1st home purchase, doubt I'll see the outer end but maybe I can flip it at some point or rent it after I inherit my folks home...
can you please do a video about your studio setup like your mic, lights and if do you use a teleprompter. Thank you!
I have a link to my camera, mic, lights and everything I use in the description!
@@NicoleNark awesome! thank you!
Appreciate the video
Thanks for watching!
Does Self-Employed allow to apply for conventional loan.?
Yes, you can apply for a conventional loan if you are self-employed! Just make sure that you have a 2 year history! 😊
Great video. Thanks a bunch. I would like to know if lenders will consider a 1099 in place of a W2 to get qualified for a mortgage loan ? Thank you 🙏
Absolutely! The main difference is that lenders will need a 2 year history of you being at 1099 worker.
I'm looking for a lender for a duplex I'm trying to purchase here in Texas. Can you please help me? Thank you
How do I apply
Can you discuss the HUD Section 184 Indian Home Loan Guarantee program. I think you’re missing a good market with Native Americans who have access to this specific home loan.
I am tired of renting
However much you think you should put as your down payment, double it for closing costs.
Hello Nicole! Are there any existing down payment assistance programs (100% financing) with FHA loans (e.g. in California). I would really appreciate a response. Thank you
If u are getting a loan with a co-borrower do both parties have to have a 620 credit score
You're only required to put down 3% for a conventional loan if you're a first time home buyer
I believe for FHA loan once you completed 5 years and paid off 20% of the loan payment, the PMI drops
That was the case on FHA loans prior to 2013. In June of 2013 the rules changed and PMI remains for the life of the loan.
@@NicoleNark wow. Good to know. Thank you so much
Hi Nicole can u help me get my home with USDA 😁 cuz u the best 👍🏼
I have almost no income last 5 years and I want to buy house I have 20k can you suggest what's best for me
I dont mind living in suburbs
Income is one of the most important aspects of buying a home. I would suggest work on getting consistent income before pursuing a home purchase! 😊
What is the best loan if you have 20% for the down payment!!!!
You will likely benefit most from a conventional loan!
Send the 20% to my account, we can go over the details later
So will need like $8,000 for this FHA LOAN
ERMUHGAWD, recommending FHA loans at today's interest rates? You must be a vulture who stands to profit personally.
First, This video was posted in March. Second, the info is provided as a free resource. Interpret it however you want but the majority of my viewers seem to get value from my content.
Your soo beautiful and smart Nicole
For the FHA loan, if you only need 3.5 % are you still charged for PMI?
Yes, with FHA PMI will be on for the life of the loan.