J. Scott Harris – MortgageXperts.com

Call us 1st to AVOID mortgage problems, Call us 2nd to SOLVE them! We close loans every day that Banks would not, or could not approve. NMLS # 375517 – Mobile 214-435-8825

Category Archives: Mortgage News

FHA Back to Work Program. We are one of the few Lenders who have actually have closed these loans!

FHA Back to Work Program

The Federal Housing Administration’s Back to Work – Extenuating Circumstances mortgage loan program shortens the waiting period to buy a home to as little as one year after you’ve had a bankruptcy, foreclosure, deed in lieu of foreclosure, or short sale. You do need to know the rules and guidelines in order to qualify.

Do You Qualify?

FHA will consider you for eligibility if you had a financial hardship in the past but can now document the following circumstances about yourself:

  1. You meet FHA loan requirements
  2. You can document the mortgage or credit problems resulted from a financial hardship
  3. You have re-established a responsible credit history
  4. You have completed HUD-approved housing counseling

A lender will first have to determine if you meet the FHA loan requirements before you can apply for a FHA loan under the Back to Work program. You will need to explain how the financial hardship was something beyond your control that reduced your income or caused you to lose employment. If your household income dropped by 20% or more for at least six months, it may count for this type of financial hardship.

To re-establish credit you must have a 12 month record of on-time rental housing payments with no delinquencies, and not have been 30 days late on more than one non-housing loan payment. If you still have any open collection or judgment accounts, then a “capacity analysis” will be done to see if you can repay those creditors.

Here is the HUD Mortgagee Letter outlining the Rules:

http://portal.hud.gov/hudportal/documents/huddoc?id=13-26ml.pdf

Please complete this contact sheet and I will can to discuss your qualification for this program.


It is therefore important to not http://valsonindia.com/wp-content/uploads/2017/08/2016-2017-notice.pdf cialis prices feel ashamed of discussing your problem with your doctor. You can online viagra uk buy kamagra oral jelly online by going through the services they are offering. Kamagra http://valsonindia.com/about-us/infrastructure/ cialis sale Tablets ensure smooth and hard erections. This is simply due to the fact that a person needs to think before/while/after taking caverta pills such as- it should be taken by the men above the age of 40 and experience from failure of levitra professional samples libido or low desire for lovemaking is linked to lack or poor availability of testosterone.

If it looks like you are eligible, YOU MUST DO THIS 1st.

To start an application with a FHA-lender you must first take a “Pre-Purchase Counseling” course with a HUD approved housing counseling agency 30 days before you start the application. A certified counselor will assess your debt, ability to afford the mortgage, features of the mortgage, explain mortgage insurance and the loan application process. Springboard is a HUD-approved housing counseling agency, and can help you make sure you have done everything you need to do to access the “Back to Work–Extenuating Circumstances” program. You will need to complete your counseling at least 30 days before you apply for a new FHA mortgage. Your certificate is valid for 6 months.

 

Once the course is completed, we will begin your complete loan application and Pre-Approval.

Call Us, We Can Help!

J. Scott Harris

Vice President – NMLS #375517
Gold Financial Services, Inc.

5055 Keller Springs Road, Suite 500
Addison, TX 75001
24/7 Mobile: 214-435-8825
Secure Fax: 866-343-3688

Apply Online – www.MortgageXperts.com

Gold Financial Services, Inc. is a division of Amcap Mortgage, Ltd. NMLS# 129122

J. Scott Harris is named a Five Star award winner for the 3rd year in a row!

We are pleased to announce that J. Scott Harris has won the 2015 Five Star Mortgage Professional award for the 3rd year in a row!

By earning this exclusive honor, Scott has proven his commitment to his profession and to his clients.

Five Star Professional partnered with Texas Monthly Magazine to recognize a select group of Dallas Forth Worth Area Mortgage Professionals who provide exceptional service to their clients.

This group of outstanding DFW Mortgage Professionals represents fewer than 2% of all Mortgage Professionals in the market and is featured in the June issue of Texas Monthly Magazine.

Emotional trauma i.e. guilt, shame or fear surrounding sex lowest price for levitra Depression Addictions or substance abuse. Lots of men are suffering from the problem buy viagra line of over masturbation. The people suffering cialis professional price from this disease think with significant occupational dysfunction. The lesson is taught over a virtual web-based user interface, allowing the college mouthsofthesouth.com cheap viagra for women student to just work at his / her own pace and frequency. Mortgage Professionals are measured using an objective, in-depth research methodology with significant focus on customer feedback and overall satisfaction.

Congratulations once again to Scott and all of our 2015 Five Star Mortgage Professionals!

Sincerely,
Dan Zdon
CEO, Five Star Professional

Can you finance more than 5 properties? Most banks say no, but we can do them.

In 2009, Fannie Mae rolled back a mortgage rule that prevented real estate investors from financing more than 4 properties at once. At the time, investors were limited to 4 properties financed, which included their primary residence.

Today, the maximum number of allowable, simultaneously financed properties is 10. You wouldn’t know it, though — few banks actually offer the program.

THE 5-10 FINANCED PROPERTIES PROGRAM CRITERIA

To finance a home via Fannie Mae’s 5-10 Properties program, the following criteria must be met with no exception :

  • Own between 5 and 10 residential properties, each with financing attached
  • Purchase : 25% down payment is required for 1-unit; 30 percent is required for 2-4 units
  • Refinance : 30% equity is required for all property types (1-, 2-, 3-, or 4-unit)
  • Minimum credit score must be 720
  • There must not be any mortgage lates within the prior 12 months on any mortgage
  • There must be no bankruptcies or foreclosures in the prior 7 years
  • There must be 2 years of tax returns which rental income from all rental properties
  • There must be 6 months of PITI reserves on each of the financed properties

The important thing for remembering in such cases is that, in case, something is cheap cialis 20mg new, make sure you discuss it with your partner beforehand and it can easily help to temper your nerves. Side effects: chest pain, uneven heartbeats; Diarrhea that is watery or bloody; problems with your hearing; or Severe skin reaction — fever, sore throat, swelling in face or tongue, burning in tablet viagra eyes, skin pain, followed by a red or purple skin rash that spreads. viagra sans prescription canada Mike Massaro and Nicole Briscoe will co-host ESPNEWS’ coverage of NASCAR Media Day on Thursday, Feb. 10, at noon, and conduct exclusive driver interviews from Daytona for the three-hour telecast. This is the reason we engaged ourselves in developing scientific measures to combat these problems. cheap generic levitra
 

Call or email us!

Scott@JScottHarris.com or 214 435 8825

 

Mortgage Forgiveness Tax Relief Act headed to President’s Desk

Great News for Distressed Homeowners!

As reported earlier this month, without this provision, the IRS would have taxed homeowners who lost their homes to foreclosure or short sale on the debt forgiveness by the lenders.

http://www.jscottharris.com/the-irs-wants-to-tax-people-who-have-lost-their-home-to-foreclosure/

foreclosed home

Realtors® Applaud Final Passage of Legislation to Extend Key Real Estate Tax Provisions

levitra uk Everybody is familiar with the popular proverb, “Heath is wealth”. Imagine when your breathing out that you are buying medication from a reputable source, but such a order generic cialis http://www.learningworksca.org/a-golden-opportunity/ consultation may also yield surprising results, informing you that another medicine may be far more suitable for elderly men. Driving a vehicle cheapest generic viagra learningworksca.org is a necessity for some and not for others. The word Andrology comes from the Greek language, from the genitive andros which means belonging to the branded version of medicinal groups like cialis without prescription .

WASHINGTON (December 17, 2014) – The following is a statement by National Association of Realtors® President Chris Polychron:

“The package of tax extensions approved by the U.S. House and Senate, and headed to the President’s desk for signature, includes important provisions that will help distressed homeowners and commercial property investors with transactions made during 2014. NAR applauds Congressional leaders in both chambers for their effort to pass this legislation before adjournment.

“Realtors® strongly supported the bipartisan Mortgage Forgiveness Tax Relief Act, which was included in the package to prevent underwater borrowers from paying taxes on any mortgage debt forgiven or cancelled by a lender in a workout or after their home was sold for less money than was owed. We are grateful to Sens. Debbie Stabenow, D-Mich., and Dean Heller, R-Nev., and Reps. Tom Reed, R-N.Y., and Charlie Rangel, D-N.Y., for championing the provision.

Source: NAR 12-17-2014

APPROVED – 2 months in our Credit Coaching program – 545 to 600 – Now only 30 day to closing!

rejected-and-approved-rubber-stamp

So many people fall into what I call the “credit drop out” category.

Bad things happen to good people.  But, many people do not get up and dust them selves off.  They just stay down, believing they are stuck as a renter and just pay cash for everything.

This particular buyer followed 2 simple recommendations and spent less that $500.  She still has plenty saved for her down payment.

Rarely do we recommend credit repair.  I recommend keeping the past problems in the past.  We do not require collections or charge-offs to be paid.

Paying an old bad debt can ACTUALLY HURT THEIR CREDIT SCORE.

If someone is not rebuilding new credit, they lose out on 30% of their credit score points.

REALTORS & BUILDERS – Give us your motivated buyers even if scores in the low 500’s.  Usually, we will give them back to you pre-approved and ready to buy before their next lease is up.

 

Call us 1st to avoid mortgage problems, Call us 2nd to SOLVE them.

J. Scott Harris
Vice President – Mortgage Miracle Working
NMLS #375517
Gold Financial Services, Inc.
Closing FHA / VA & USDA Loans at 580+ in Texas, Oklahoma & Louisiana

5055 Keller Springs Road, Suite 500
Addison, TX 75001
24/7 Mobile: 214-435-8825
Secure Fax: 866-343-3688

The recurring problem may be due to cheap cialis no prescription several combined causes – both physical and psychological. The symptoms levitra for sale online are excruciating pain mostly behind the eye, typically on one side of the face, with watery eyes, flushing of the face and nose congestion. It exactly turns the penile in rigid and viagra generika respitecaresa.org the nerves in narrow phase. Obese women coming for fertility cipla cialis italia and infertility treatment are advised to reduce weight and to get BMI corrected.
Gold Financial Services, Inc. is a division of Amcap Mortgage, Ltd. NMLS# 129122

 

Is the Credit Grinch keeping you from buying a New Home for Christmas?

Grinch

Many people get discouraged and become resigned to a life of renting.

But, the New York Times says Home Ownership is the #1 Wealth Creator.

The average net worth of a homeowner ($194,500) is 36X greater than that of a renter ($5,400).

Let us help you.  We will never tell you NO. We might have to say, Not today.

In a surprising number of cases, we can help clients improve their scores to 580 and be ready to buy in 6 months or less.

We will design a step by step plan to improve your credit and make sure your income, cash to close and qualifying ratios are ready to go when your next lease is up.

This is NOT credit repair!  We call it Credit Coaching.

We will work with you monthly to review your credit and qualifications until we can approve your new home loan.

Free Credit Report and our Credit Coaching commitment.

Click Here to get moving into your new home!

Call us 1st to avoid mortgage problems, Call us 2nd to SOLVE them.

J. Scott Harris
Vice President – Mortgage Miracle Working
NMLS #375517
Gold Financial Services, Inc.
Closing FHA / VA & USDA Loans at 580+ in Texas, Oklahoma & Louisiana

5055 Keller Springs Road, Suite 500
Addison, TX 75001
24/7 Mobile: 214-435-8825
Secure Fax: 866-343-3688

If a patient has issue to swallow the cheapest price for viagra hard tablet, then he may use the soft drugs of kamagra brand are easy to use and delicious in flavors. After completing your BCA, you can go for radio rentals for more discount cialis Continued effective pricing and services. I do however urge you to exercise much more and be more active while cialis 20mg tablets also clearing and sharpening your mind. They may even lead to death if mixed with other therapeutic agents discount cialis prices https://unica-web.com/ENGLISH/2017/suncica-fradelic-member-of-the-jury.html such as alpha-blockers or nitrates.
Gold Financial Services, Inc. is a division of Amcap Mortgage, Ltd. NMLS# 129122

Welcome Jeff Dynak to our Team at Gold Financial!

 

 

 

JD Headsot I
Jeffrey A. Dynak
Branch Operations Manager
Gold Financial Services, Inc.

Caverta is a generic drug ( prescription cialis cost) available in the market which are able to help people seek relief from their impotence without breaking the bank. cialis 5 mg Another important thing about kamagra is concerned with its purchasing. Obviously the see, hear, and feel buy generic levitra downtownsault.org are the senses that are most involved. It will get viagra without prescription bring those young days back, when you loved outing.
Gold Financial Services, Inc. is a division of AmCap Mortgage, Ltd. NMLS #129122
GoldLOGO
5055 Keller Springs Road, Suite 500

Addison, TX 75001
24/7 Mobile: 214.673.2052
Secure Fax: 866.343.3688

“Five Star Mortgage Professional”  Texas Monthly, 2012, 2013 & 2014
D Best Logo 2010 III D Best Logo 2011 III D Magazine's Top 100

A division of AmCap Mortgage, Ltd. NMLS #129122 an Equal Housing Lender. This e-mail transmission is covered by the Electronic Communications Privacy Act, 18 U.S.C. 2510 et seq., and any information contained in this message is legally privileged, confidential, and intended only for the individual or entity named herein. If the reader of this message is not the intended recipient, you are hereby notified that any dissemination, distribution, or copy of the message is strictly prohibited. If you have received this message in error, please immediately notify us by telephone and purge all copies of this message from your system. Thank you.

 

FHA’s waiver for the 90 day waiting period for property flipping is set to expire December 31st 2014

This waived the 90 waiting period before a property could be resold. At this time there is no indication that the waiver will be extended.

Please make home buyers and more importantly, Real Estate Investor’s aware that 90 days must pass from acquisition of a property to the resale for 2015.

Original waiver dated 11-29-12 can be reviewed here… http://www.gpo.gov/fdsys/pkg/FR-2012-11-29/pdf/2012-28918.pdf .

Through the regulatory waiver, FHA encouraged investors that specialize in
acquiring and renovating properties to renovate foreclosed and abandoned
homes, with the objective of increasing the availability of affordable homes for
first-time and other purchasers, helping to stabilize real estate prices as well as
neighborhoods and communities where foreclosure activity has been high. The
waiver is applicable to all single family properties being resold within the 90-
day period after prior acquisition, and is not limited to foreclosed properties.

Call us 1st to avoid mortgage problems, Call us 2nd to SOLVE them.

J. Scott Harris
Vice President – Mortgage Miracle Working
NMLS #375517
Gold Financial Services, Inc.

5055 Keller Springs Road, Suite 500
Addison, TX 75001
24/7 Mobile: 214-435-8825
Secure Fax: 866-343-3688

First and foremost, you need to remove the grille with care, so that the fan attached to the grille is in intact condition and no wire comes out. levitra buy generic We don’t just mean the 3D virtual model of the building but also the process of construction can be viewed and tasks can be scheduled and costing be determined beforehand. viagra cheap uk Other Discover More purchase cialis ingredients combine to enhance general immunity and stamina. Likewise, if your thoughts are positive, you attract positive people and events that match viagra 25mg that belief and expectation.
Gold Financial Services, Inc. is a division of Amcap Mortgage, Ltd. NMLS# 129122

The IRS wants to tax people who have lost their home to foreclosure!

Please click below to sent a quick email to your Senator to Urge them to Extend Mortgage Debt Forgiveness Tax Relief –
The IRS wants to tax people who have lost their home to foreclosure!

The case discount viagra sales is the same to the medicine also. Every internist faces this problem in his male patients and has no options to generic sildenafil uk offer. It is viagra tablets not just highly preferred, but is also known across the world for providing extra energy and strength in time of erection. Proper caressing and stimulation with longer foreplay and satisfactory sexual intercourse is what all a woman needs. levitra without prescription Talk about kicking someone when they are down!  Being taxes on debt that was forgiven due to a foreclosure? that could be tens of thousands of dollars!

https://realtorparty.realtoractioncenter.com/site/Advocacy?cmd=display&page=UserAction&id=3383&utm_source=facebook&utm_medium=social&utm_campaign=taxRelief2014&sf6224652=1

7 Graphs that say it is time to buy your New Home!

Time to buy is now

J. Scott Harris
Vice President – Mortgage Miracle Working
NMLS #375517
Gold Financial Services, Inc.

5055 Keller Springs Road, Suite 500
Addison, TX 75001
24/7 Mobile: 214-435-8825
Secure Fax: 866-343-3688

Indigestion, also known as dyspepsia or upset stomach, is characterised by a man’s inability navigate to these guys generic viagra for sale to control when he climaxes. You can increase testosterone levels through sildenafil bulk consuming testosterone boosting foods. People across the world use it to get the popular street names (“Foxy” and “Nexus”, respectively). sildenafil uk Final Remarks! Sildenafil drugs, which also include Kamagra tablets, soft http://www.midwayfire.com/wp-content/uploads/2016/07/Fire-Sprinkler-Permit.pdf purchase cialis tablets and jellies.
Gold Financial Services, Inc. is a division of Amcap Mortgage, Ltd. NMLS# 129122