Our Blog

Save $3000 on Closing Costs with Trulend Mortgage

November 14, 2018 5:10 pm Published by Leave your thoughts

Everything is Better Together Enjoy $3,000 toward closings costs when you choose Trulend Mortgage as your mortgage provider on your new Truland Home. Contact our home loan experts to discuss your pre-qualification options today! * Closing cost credit provided by Truland Homes when you choose Trulend Mortgage as your mortgage provider. Trulend Mortgage must be... Read More »

100% Financing Options

July 24, 2018 7:31 pm Published by Leave your thoughts

100% Home Financing Options There are several zero down payment mortgage options for home buyers with good credit and a steady income. Some examples of a no down payment / zero down mortgage program may include: USDA Rural Development Loans VA Loans for veterans, active duty service members, and spouses Wondering if you are qualified... Read More »

What Does a Title Company Do?

June 29, 2018 6:57 pm Published by Leave your thoughts

What is a Title Company? When you purchase property,  you don’t want to pay for real estate that doesn’t actually belong to the seller. A title company helps to ensure you don’t! A title company reviews the real estate transaction to legitimize that the property for sale truly belongs to the seller.  The Title Company then issues title insurance... Read More »

What is a FICO score?

June 28, 2018 7:21 pm Published by Leave your thoughts

What is a FICO score and why do lenders need it? origin of fico score: Back in 1956, an engineer named William Fair and a mathematician named Earl Isaac came up with a formula to calculate the first credit scoring system. This calculation measures a consumer’s credit risk and has become a fixture in consumer... Read More »

USDA Increases Income Limits Making More Eligible

June 15, 2018 5:05 pm Published by Leave your thoughts

Great news home buyers! USDA INCREASES INCOME LIMITS  USDA Rural Development recently increased their 2018 Income Limits for the Single Family Guaranteed Loan Program. Higher limits mean more people will now fall within the income guidelines for USDA RD loans. Did you know that 97%of American homes qualify for USDA financing? There are many residential... Read More »

How Does My Credit Score Impact My Loan?

June 6, 2018 7:33 pm Published by Leave your thoughts

How Does my credit score impact my loan? Lenders use credit scores to determine: Who qualifies for a loan At what interest rate What credit limits typically, credit scores will range from 300-850. Fair to excellent credit scores will range from 600-850. there are many benefits to having a fair to good credit score You’ll... Read More »