Delaware Home Loans

  • 7 Things You Should NOT Do When Applying For A Home Loan

    7 Things You Should NOT Do When Applying For A Home Loan

    The following is a sample of this report: This is a list of things to steer clear of when you are seeking to obtain financing for a home. The following items may prove to be a detriment when you wish to move forward with the loan process. Don't buy or lease an auto!  Lenders look carefully at your debt-to-income ratio. A large payment such as a car lease or purchase can greatly impact those ratios and prevent you from qualifying for a home loan. Don't move assets from one bank ac

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  • Checklist Of Items Lenders Need To Approve Your Loan Application

    Checklist Of Items Lenders Need To Approve Your Loan Application

    The following is a sample of this special report: The following list of items has been compiled for your convenience. Please bring this information to your mortgage application in order to expedite the processing of your mortgage loan. A check for your credit report and appraisal Your residence addresses for the past two years Names, addresses and phone number of your landlords for the past two years Present value of all real estate owned Names, addresses, phone numbers and

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  • Conventional Loan

    Conventional Loan

    A conventional loan is a home loan for individuals who have steady income, good credit and have funds available for a down payment. A conventional loan requires a 3% down payment. Mortgage Network Solutions in Greenville, Delaware helps buyers secure a conventional loan when purchasing property. A conventional loan is not insured by the federal government (like USDA, FHA and VA loans) and can be the preferred route to home financing for many homebuyers and those purchasing investment prop

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  • FHA Eligibility

    FHA Eligibility

    Are you interested in the FHA loan? Since the 1930s, the U.S. government has installed programs that help homeowners borrow money to buy a house. Not everyone is eligible for an FHA loan. You must meet certain criteria outlined by the Federal Housing Administration in order to be eligible for a loan. Also, be prepared to provide lots of documentation and proof for the following items: Legal U.S. resident You’ll need to provide proof of legal residency and a Social Security Number.

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  • FHA Loan

    FHA Loan

    Mortgage Network Solutions in Greenville helps homeowners secure FHA loans. FHA loans allow you to purchase a home with a 3.5% down payment, or refinance a home up to 96.5% of the home's value. FHA loans are easier to qualify for, and offer several homeowners an easy way to secure financing. See if you pre-qualify for an FHA loan today! Streamline FHA If you have an FHA loan that originated before June 2009, you may qualify for a streamline FHA refinance. This means that you can refinance y

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  • HARP Loan Refinancing

    HARP Loan Refinancing

    The Federal Government has issued a new program in which homeowners who owe more than their home's value can now refinance their loans. Designed to help homeowners take advantage of lower rates, this program now opens doors for those with good credit, and a good credit history to apply to refinance. For details on Harp Loan refinancing call Michael DeVincentis at 302.999.1600. About HARP The Home Affordable Refinance Program (HARP) issued by the federal government assists homeowners in ref

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  • Home Loans made simple

    Home Loans made simple

    First time home buyer? You’ve come to the right place! Looking at real estate fliers and touring homes is easy. Applying for a home loan and figuring out how to pay for a house – well, that can get complicated. Let us guide you through understanding a home loan. #1 - A home loan is called a mortgage. Buying a house is one of the largest investments most people make. Home loan programs are available to those who need to borrow the money and buy a house (which is almost everyone.) The mon

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  • The Top Mortgage Questions You Must Ask Before Applying For A Mortgage

    The Top Mortgage Questions You Must Ask Before Applying For A Mortgage

    The following is a sample of this special report: PART I. GETTING STARTED 1. HOW DO I KNOW IF I'M READY TO BUY A HOME? You can find out by asking yourself some questions: Do I have a steady source of income (usually a job)? Have I been employed on a regular basis for the last 2-3 years? Is my current income reliable? Do I have a good record of paying my bills? Do I have few outstanding long-term debts, like car payments? Do I have money saved for a down payment? Do I hav

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  • USDA Loan Eligibility

    USDA Loan Eligibility

    The USDA loan is part of a federal program that supports rural development. If you’re buying a home in a rural area, make sure to check with me to determine if you’re eligible for a USDA loan. The USDA loan requires ZERO down payments – which is almost unheard of these days. Other benefits to the USDA loan includes a 30-year fixed interest rate – meaning the rate will not adjust over its lifespan. Also, no mortgage insurance is required on a USDA loan. If you’re eligible for a US

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  • USDA Loans

    USDA Loans

    Mortgage Network Solutions in Greenville, Delaware can help you learn the requirements for USDA loans and determine your eligibility.  USDA loans are loans issued by the government, and often issued to those in rural areas, small communities and some areas just outside major metropolitin areas. Call Michael DeVincentis's team at 302.999.1600 to check your eligibility for a USDA loan. What is a USDA Loan? USDA home loans, also known as rural development loans, are loans issued by the US gover

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Mortgage Network Solutions
RMLO - Michael DeVincentis
NMLS #147678
Home Loans 3828 Kennett Pike Suite #200
Greenville, DE
Business Phone: 302-999-1600
Cell Phone: 302-290-5601
Fax: 302-999-1600

Reviews on Zillow
"Our loan was difficult based on the fact that I was self employed. Michael and his team found the best product available for our situation, and made ... more "
by user06548901
"Michael DeVincentis not only helped us and guided us through the whole process but most importantly he explained everything very clearly. This was our ... more "
by zuser20150621121641180