Joe Harris at Success Mortgage Partners

10/01/2025

VA Tip of the Day!

Did you know that the VA IRRRL is one of the easiest Refinances to process for a Veteran?

Remember these insider LO tips about the IRRRL as the market continues to Soften

• Does Not require an appraisal
• Does Not require income documentation
• Done with a mortgage only credit report
• Uses the existing VA entitlement; we do not need to analyze entitlement for this loan
• We can roll in escrows
• Can be done on a property that has been converted to an investment property
• Has a reduced funding fee of .5%
• Requires a .5% drop in interest rate
• Has a 210 day seasoning from the first payment date to the new loan close date
• Requires a

I grew up in Holt, MI prior to moving to Florida in 1985. In between I spent time in the Army and attended a year of College at Tennessee Temple University. I started in the financial services industry in 1986 with American General Finance, formerly Credithrift and worked for them till 1993. In 1993...

10/01/2025

Call me for Prequalification today, we do all types of Mortgage financing and I am licensed in 14 states....865-719-8540

https://www.successmortgagepartners.com/advisor/joseph-harris/

09/30/2025

VA Tip of the Day!

Did you know that the VA Loan is Awesome??
1. The interest rates are lower than conventional loans, most especially for lower credit scores.
2. No mortgage insurance on VA Loans - EVER!
3. With full entitlement, a VA loan can be done with 0% down, even for higher loan amounts! – Conventional loan have very sizable down payments especially on larger loans!
4. The VA loan is the most flexible loan out there, making qualifying easier.
5. No Down Payment can have a ton of financial benefits for Veterans.
6. The VA Loan can be used to build wealth with debt consolidation or multiple homes!
7. Often Veterans do not have to sell their current home before purchasing the next one, limiting the need for contingent offers.
8. The VA Loan is Assumable.
9. The VA IRRRL is the easiest, most streamlined refinance out there!
10. Active Duty Military can use their Housing Allowance to build wealth through real estate starting at their duty station with a single family or a multi unit!

If you have any questions, let us know how we can help, you can reach me anytime at ((865) 719-8540
Who a Veteran works with Matters!

Joe Harris

I grew up in Holt, MI prior to moving to Florida in 1985. In between I spent time in the Army and attended a year of College at Tennessee Temple University. I started in the financial services industry in 1986 with American General Finance, formerly Credithrift and worked for them till 1993. In 1993...

09/29/2025

VA Tip of the Day!
Did you know that the VA loan has the easiest rules to offset mortgage payments when a borrower is converting a primary residence to a rental property and buying a new primary?
We call the property being converted the Departing Residence.
For a Departing residence:
VA will allow a lease agreement, Or a reasonable estimate of rent from a reputable web source to offset 100% the departing primary residence expense PITI (+HOA)!!
• Conventional Loans only allow 75%, and require an executed lease with a 1007 (rental comps from an appraiser) or a lease with receipt of 2 months rent!
• FHA loans have a 100 mile rule if the previous loan was FHA (NOT VA!), require a 1 year lease, only use 75% of the lease, AND require 25% equity if a borrower has no history with rentals!!
VA loans ARE THE BEST and allow a Veteran to build wealth through homeownership!!
If you have any questions, let us know how we can help
Who a Veteran works with Matters!
Feel free to call me with any VA question, and always you can reach me anytime at (865) 719-8540

I grew up in Holt, MI prior to moving to Florida in 1985. In between I spent time in the Army and attended a year of College at Tennessee Temple University. I started in the financial services industry in 1986 with American General Finance, formerly Credithrift and worked for them till 1993. In 1993...

09/26/2025

VA Tip of the Day!

VA Tip of the Day!

Did you know that a Veteran CAN pay an Appraisal Gap???

Yes they absolutely can.

Note: The Gap Must be the borrowers own funds to cover the difference.

DO NOT get hung up on the amendatory clause. Veterans can pay the gap if they choose to and the 100% financing product puts them in a better position to do this than any other buyer.

VA 26-7 Chapter 3 page 8

“If the purchase price exceeds the reasonable value of the property, a down payment in the amount of the difference must be made in cash from the borrower’s own resources”


If you have any questions, let us know how we can help

Who you work with Matters!

09/26/2025

All states I am licensed to do Business in:
Tennessee, Kentucky, Georgia, Florida, Alabama, Mississippi, Virginia, Delaware, Indiana, Illinios, Arizona, New Mexico, and California.....Let's find you a house before Christmas

I grew up in Holt, MI prior to moving to Florida in 1985. In between I spent time in the Army and attended a year of College at Tennessee Temple University. I started in the financial services industry in 1986 with American General Finance, formerly Credithrift and worked for them till 1993. In 1993...

09/26/2025

https://www.successmortgagepartners.com/advisor/joseph-harris/

We are committed to quality customer service - putting the people we serve first. Take advantage of our expertise in the residential lending industry by applying online today.

09/24/2025

https://my.successexpress.app/ #/loan-officers/jharris@smprate

09/19/2025