Ransom Kelley at Assurance Financial enjoys working with many types of clients for fast and efficient home closings. This week, we want to share a unique program for physicians and their families. The program is referred to as a “doctor loan”. It can also be called a “Physician Mortgage Loan.” This is a mortgage product… [Read More]
Ransom Kelly at Assurance Financial has helped many residents of Birmingham Alabama secure home loans for new construction. Today we are here to tell you about how USDA Loans are a wonderful program to pay for building your dream home. Loans from the United States Department of Agriculture (USDA) are well known for benefits like… [Read More]
In our last post, we talked about Non-Qualified Mortgages (also known as Non-QM Loans). Non-QM Loans were established after the passage of the Dodd-Frank Wall Street Reform and Consumer Protection Act. A response to the mortgage crisis, the Dodd-Frank legislation created regulations that are implemented by the Consumer Financial Protection Bureau (CFPB). Primarily, these standards… [Read More]
Non-Qualified Mortgages for Non-Conforming Loans Non-conforming loans are a type of loan that exceeds limits set by Government Sponsored Entities (GSEs) such as Fannie Mae and Freddie Mac. Such loans may be used when a borrower wants to obtain a large mortgage. Non-Qualified Mortgages, or “Non-QM” loans, are loans that do not meet requirements set… [Read More]
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Ransom Kelly
Loan Officer - NMLS # 990772
Assurance Financial - NMLS # 70876
