Barclay Butler Financial Inc.

September 15, 2025

Buy a Home with $0 Out of Pocket.

Many people can comfortably afford a monthly mortgage payment but don’t have the savings for a down payment or closing costs. Instead of renting, you can become a homeowner through our Down Payment Assistance (DPA) program that covers both your down payment and closing costs. Program Highlights: $0 Down Payment – DPA covers your upfront costs FHA Mortgage with included […]

2-4 unit building 0 38 sec read

March 6, 2024

Buy a Home While in Chapter 13 Bankruptcy

Most people don’t realize this—but you can buy a home while you’re still in a Chapter 13 bankruptcy. If you’ve filed Chapter 13, you only need to wait 1 year from the filing date and have 12 on‑time payments to the trustee to qualify. ⭐ Rebuild Your Credit the Right Way To prepare for approval, it’s important to rebuild your […]

203- K mortgage 0 56 sec read

March 14, 2023

FHA has lowered the monthly mortgage ins. premiums, time to refinance or purchase.

You could save hundreds of dollars by refinancing without lowering your current rate. How can this be? FHA just lowered the monthly mortgage insurance premium from 85% to .55% per year if you are over 95% LTV. This is almost 1/2 of what it used to be. Example: if you have an FHA mortgage with .85% premium and you mortgage […]

203- K mortgage 0 1 min read

March 14, 2023

What you should know about student loans before you buy a home or refinance.

Student loans can affect the loan process in multiple ways. They could limit you on how much you can buy or they could prevent you from buying a home all together. We will look at how student loans affect FHA, VA, USDA & conventional loans. Student loans are looked at differently depending on what type of loan you are […]

203- K mortgage 0 1 min read

March 14, 2023

Buy a Home Just 2 Years After Chapter 7 Bankruptcy

A Chapter 7 bankruptcy doesn’t mean homeownership is out of reach. In fact, you can qualify for a mortgage just 2 years after your bankruptcy discharge. 🔧 Rebuild Your Credit the Right Way Right after filing, it’s crucial to start rebuilding your credit. Opening three secured credit cards and managing them responsibly can help you restore strong credit by the […]

203- K mortgage 0 50 sec read

March 14, 2023

Zero down payment with a 600 credit score.

You can buy a home with zero percent down with a 600 credit score. We will cover your down payment of 3.5%. Many people can afford a home payment but do not have the down payment saved up to buy a home. Instead of renting a property you can buy one with help from a DPA (Down Payment Assistance) program. […]

Automated underwriting 0 48 sec read

March 14, 2023

Mortgage company overlays helping or hurting home sales.

Most mortgage companies have overlays on their products. An overlay is an additional requirement added on top of a FHA, VA, USDA or conventional mortgage guidelines. One example is FHA allows down to a 580 credit score if you want to put down 3.5% down payment. 95% of the lenders state you must have a 640 credit score and about […]

2-4 unit building 0 1 min read

March 14, 2023

Conventional loan or FHA loan which is better for me?

A lot of people ask me which loan should I get. My answer is it depends on your situation. Both FHA & conventional loans are good loans. Here are the main reasons to use either Conv. or FHA loan. FHA- If you have lower income and want to put down only 3.5%. If your credit score is below 660. […]

203- K mortgage 0 1 min read

September 18, 2018

FHA Loans Available with Credit Scores as Low as 500

Most lenders require a 620 credit score for FHA financing because they rely only on automated approval systems such as DU (Desktop Underwriter) or LP (Loan Prospector). At Barclay Butler Financial Inc., we can help borrowers with lower credit scores: 500–579 credit score → Eligible with 10% down 580+ credit score → Eligible with 3.5% down ✅ We offer Automated […]

2-4 unit building 0 33 sec read

February 15, 2015

FHA has lowered the monthly mortgage ins. premiums, time to refinance or purchase.

You could save hundreds of dollars by refinancing without lowering your current rate. How can this be? FHA just lowered the monthly mortgage insurance premium from .85% to .55% per year if you are over 95% LTV. This is almost 1/2 of what it used to be. Example: if you have an FHA mortgage with .85% premium and you mortgage […]

3 percent down payment 0 56 sec read

Buy a Home with $0 Out of Pocket.

Buy a Home While in Chapter 13 Bankruptcy

FHA has lowered the monthly mortgage ins. premiums, time to refinance or purchase.

What you should know about student loans before you buy a home or refinance.

Buy a Home Just 2 Years After Chapter 7 Bankruptcy

Zero down payment with a 600 credit score.

Mortgage company overlays helping or hurting home sales.

Conventional loan or FHA loan which is better for me?

FHA Loans Available with Credit Scores as Low as 500

FHA has lowered the monthly mortgage ins. premiums, time to refinance or purchase.

Brochure

Mortgage News Daily

Commercial

Trusted