Deb Schusterman Real Estate Consultant

09/14/2025

Townhouse Condo. No HOA fees.

26 Atwood Ave Unit A, Wakefield, MA 01880 is for sale. View 31 photos of this 3 bed, 2.5 bath, 1808 sqft. condo with a list price of $995000.

09/30/2023

PSA
If there is a Government Shutdown, here is a list of VA Services that will and will NOT be impacted

11/07/2022

Just received this notification...anyone know if this is real??!!! My business page might have been hacked or clones

09/23/2022

Secretary of Defense Lloyd J. Austin III announced immediate and long-term actions to help strengthen the economic security and stability of service members and their families.

07/11/2022

RINewsToday.com RI Veterans: Did you know? (nursing homes, care services, discounts, vet groups...) 7 July 22 - John A. Cianci

05/18/2022

In a previous video, Dan explains that there are no longer any VA loan limits by county. As a follow-up, he goes into more detail about the investment opport...

04/28/2022

Dont let anyone tell you otherwise! The VA loan is the most flexible and forgiving mortgage loan product out there!

DID YOU KNOW?

VA loans do not have DTI limits! Conventional loans (49.99%), FHA loans (56.99%), USDA (44%), and jumbo loans (44% normally) all have hard stops once you hit the DTI limit. That greatly effects what a borrower can afford. This can cause problems, especially in a rising rate environment. We have personally closed VA loans over 70% DTI.

The VA Loan has no minimum credit score! Thats right the VA leaves credit score requirements up to the lender. The lender sets their minimum credit score based on their level of acceptable risk!

VA loans have no loan limits! If the borrower has full entitlement their is no longer a limit to how high their loan can go. That means they can buy a $5,000,000 home (assuming they can afford the payments) with $0 down.

Speaking of million dollar loans -- Jumbo loans typically require high down-payments, have low DTI requirements, mandate a 700+ credit score, and requires the borrower have 6 months of mortgage payments saved up as reserves (on top of the downpayment and closing costs). This makes it hard for alot of people... the VA loan has none of these. The same requirements a Veteran has when buyimg a $150k home, is the same requirements a veteran has who is buying a $1.5M home. We have done our fair share of 620 credit score million dollar VA loans.

The VA loan is the only loan that has an opportunity to override the appraised value! Thats right! The VA appraisal gets a bad wrap. But if you appeal the appraiser's value, and he/she won't budge, you can go above the appraiser's head to the VA RLC and they will review it. The RLC has the ability to override the appraiser... if your comps support the contract amount. No other loan has this opportunity.

The VA loan doesn't include Collections in your Debt to income ratio! As long as their is no monthly payment listed on the borrowers credit report. This is amazing!

The VA allows the borrower to exclude Student loans current in deferment! As long as the student loan is deferred for more than 12 months after the closing date, we dont have to include the student loans in the DTI calcs! No other loan lets you excluded deferred student loans.

The VA lets you rent out your departing residence, when buying a new home, and doesn't require you to have reserves! Again, this is HUGE as so many do not have 6 months of mortgage payments saved up to meet the reserve conditions that so many other loan programs have.

We can keep going but think you get the picture!




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04/01/2022

03/11/2022

How to obtain medical records for a Veteran who served in the military…..

by John A Cianci, Department Veterans Service Officer, Italian American War Veterans (ITAM) How to obtain medical records for a Veteran who served in the military Let’s start off with a question from one of our readers: How do I obtain a copy of my medical records when I was in the U.S. Army in…