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Month: October 2014

What is a Sourced Deposit?

October 28, 2014 / Venice Luckx / / / No Comments
The underwriter is requesting you send “source documents” for non-payroll deposits over $100 showing on your bank statements. What exactly does “source documents” means? These documents are the original record of transaction and can
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USDA Preliminary Approval Process

October 21, 2014 / Venice Luckx / / / No Comments
The USDA Guaranteed 502 Program is an excellent loan for any individual interested in a home purchase.  It allows for minimal out of pocket cost and helps people obtain property
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What Is A Pre Approval Letter?

October 15, 2014 / Venice Luckx / / / No Comments
One of the most important things in buying a house is getting a prequalification. Getting a prequalification not only allows you to know that you have the ability to buy
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UDSA & FHA Septic And Well Distance Requirements

October 8, 2014 / Venice Luckx / / / No Comments
Who Is In Charge Of The Septic and Well Requirements? An inspector from the local health department or a laboratory certified by the state takes water samples for testing. State
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