Freddie Mac CHOICERenovation Loan Guide
John Thomas
February 12, 2026
Tags: CHOICERenovation Loan, Conventional Renovation Loans, Freddie MaC Renovation Loan, Rehab Loans, Renovation Loans
(302) 703-0727
New Castle County Workforce Housing Program| How to Qualify in 2026
John Thomas
February 8, 2026
Tags: Delaware First Time Home Buyer Programs, New Castel County Workforce Housing
New Castle County Workforce Housing Program: A Buyer’s Guide
Direct Answer: The New Castle County Workforce Housing Program helps working households buy affordable homes by setting income-based price limits and long-term affordability rules. Buyers must meet HUD income limits (up to 120% of Area Median Income), complete HUD-approved homebuyer education, and qualify with an approved mortgage lender such as John Thomas with Primary Residential Mortgage. NCC Workforce Housing homes can be financed using FHA, VA, USDA, Conventional, and Non-QM loans, and may also be combined with eligible Delaware down payment assistance programs.
Renovation Lending Guide
John Thomas
February 7, 2026
Tags: Conventional Renovation Loans, FHA203k Loans, Rehab Loans, Renovation Lending, Renovation Loans, USDA Renovation Loans
Renovation Lending: Buy & Renovate With One Loan (FHA, VA, USDA, Conventional)
Straightforward Answer: Renovation loans help you to buy or refinance a house while rolling renovation costs into one single loan. Some options are FHA 203(k) Limited and Standard, Fannie Mae HomeStyle, Freddie Mac CHOICERenovation, VA Alterations & Repair, and USDA Renovation. The right loan for you will depend on factors like your credit score, your down payment, the type of home, and how much work the renovation needs.
What is VA Residual Income and Why Does It Matter?
John Thomas
February 7, 2026
Tags: Military Loans, VA Home loans, VA Loans, VA Residual Income, Veteran Loans
VA Residual Income Requirement: What It Is, Why It Matters, and How VA Lenders Use It
What is the VA residual income requirement?
The VA residual income requirement is a mandatory underwriting standard for VA home loans. It measures how much money a Veteran has left over each month after paying their mortgage and all recurring debts. Unlike conventional loans that rely primarily on debt-to-income ratio (DTI), VA loans require borrowers to meet minimum residual income amounts based on region and household size. Strong residual income can help offset higher DTI and improve VA loan approval chances.
VA Home Loans Explained: How Veterans Buy Homes With $0 Down
For Veterans, active duty service members, and eligible military spouses, VA home loans are one of the most powerful home financing programs available today. Many military families are surprised to learn they may be able to buy a home with zero down payment, no monthly mortgage insurance, and competitive interest rates.
FHA 203(h) Disaster Victims Mortgage | 100% Financing After a Disaster
John Thomas
February 2, 2026
Tags: FHA 203h Loans, FHA Disaster Victim Loan
When a natural disaster destroys or severely damages your home, the financial uncertainty that follows can feel overwhelming. Many homeowners assume they’ll need a down payment or perfect circumstances to move forward again. That’s not always true.
The FHA 203(h) Mortgage Loan for Disaster Victims was created to help homeowners recover after a Presidentially-Declared Major Disaster Area (PDMDA) event. In the right situation, this program can offer 100% financing with no down payment required.
As an FHA Loan Expert, Loan Officer John Thomas helps disaster-impacted homeowners understand whether this program applies to their situation and how to take action before critical deadlines expire. Find out more today about FHA 203h Program, Call 302-703-0727 or APPLY ONLINE
Dover Delaware First Start Down Payment Assistance Program
John Thomas
January 17, 2026
Tags: City of Dover Down Payment Program, Delaware Down Payeent Assistance Program, Delaware Down Payment Program, Delaware first time home buyer program
Dover Delaware First Start Down Payment Assistance Program is a down payment and closing cost assistance program provided by the City of Dover to encourage home ownership within the city limits of Dover, Delaware with up to $20,000 in forgivable grant funds to eligible home buyers. The program is designed to assist low income families and moderate income families purchase an eligible property in the City of Dover. Call 302-703-0727 to get more information or to Apply. You can also APPLY ONLINE.
How Do You Qualify for the Dover First Start Down Payment Program?
In order to be eligible to qualify for the City of Dover Delaware Down Payment Assistance Program you must NOT have owned a principal residence in the last 3 years. There is one exception for single parents who have not owned a home for at least one year except as part of a joint ownership. You must also meet the following qualifications:
VA loan Eligibility Requirements in Delaware
John Thomas
January 14, 2026
Tags: DE VA Loans, Delaware VA Loans, Delaware Veteran Loans, VA home Loans in Delaware, VA loan Eligibility Delaware, VA Loan Officer, VA loan officer Delaware, VA Loans
VA Loan Eligibility Requirements in Delaware
What Veterans and Active-Duty Service Members Need to Qualify
To qualify for a VA loan in Delaware, veterans and active-duty service members must meet VA service requirements, lender credit and income standards, debt-to-income guidelines, VA residual income guidelines and purchase a primary residence that meets VA minimum property requirements. Veterans with full VA entitlement can finance 100% of the purchase price with no loan limit, while partial entitlement may require a down payment based on remaining entitlement.
