Bank o f England, located in Sevierille, Tennessee is one of Sevier County’s finest mortgage lenders. We offer USDA Home Mortgage loans along with most loan products available for home ownership. As lenders, we are able to work directly with you to find the best options for your home loan. These loan products are available […]
What Makes a USDA Home Mortgage Loan Different Than Other Loan Products That Bank of England Offers?
A USDA home loan is different from a traditional mortgage and other loan products offered in the United States in several ways. USDA loans require no down payment, you may finance up to 100% of the property value. You must meet the income restrictions for the County you are interested in. Each county has a […]
Types of USDA Loans Guaranteed Loan Applicants for a Mortgage Loan in East Tennessee may have an income of up to 115% of the median income for the area. Families must be without adequate housing, but be able to afford the mortgage payments, including taxes and insurance. In addition, applicants must have reasonable credit histories. […]
No, the Tennessee Bank of England Mortgage branch is a family-owned bank from England, Arkansas. They began in 1898 as a local bank and have grown to service mortgage loans in all fifty sates. Currently the headquarters for the mortgage division is in Little Rock, Arkansas, and has nothing to do with the Bank of […]
Debbie Scarantino NMLS # 167526 Learn more about closing costs at http://www.boetennessee.com To learn more visit our other websites at: http://www.boetennessee.com http://www.fhahomeloanapplication.com http://www.vahomeloanapplications.com Disclaimer: This is not a commitment to lend or extend credit. All loans are subject to credit approval including credit worthiness, insurability, and ability to provide acceptable collateral. Not all loans or […]
Yes, a home mortgage loan can include renovation costs, however most rehab loans to improve properties are done using an FHA loan known as the FHA 203k loan. These loans require a 3.5 percent down payment on the total of the purchase and the amount of the home improvements needed. Our mortgage officers are very […]
Debbie Scarantino is a licensed credit counselor and will work with you step by step to turn your bad credit score around and prequalify for your home mortgage loan. It can take from 6 to 12 months to improve scores. Often scores can be corrected quickly if it is errors that are corrected. Debbie Scarantino […]