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Financing

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VA Loan

VA (Veterans Affairs) loans are a special type of mortgage for eligible veterans, active-duty service members, and certain members of the National Guard and Reserves.
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What You Need to Know

Benefits

VA loans typically require no down payment, have no private mortgage insurance (PMI) requirement, and offer competitive interest rates.

Eligibility

Available to veterans, service members, and, in some cases, surviving spouses. Eligibility is determined based on service length, duty status, and discharge conditions.

Uses

VA loans can be used for purchasing or refinancing a primary residence, including single-family homes, townhomes, or condos that are VA-approved.

FHA Loan

FHA (Federal Housing Administration) loans are government-backed loans primarily aimed at first-time homebuyers or those with lower credit scores.
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What You Need To Know

Benefits

FHA loans allow for a lower down payment (as low as 3.5%) and have more flexible credit score requirements. They can be a good option for buyers who might not qualify for conventional financing.

Eligibility

Open to all buyers who meet the credit, income, and down payment requirements.

Uses

FHA loans are typically used for primary residence purchases, but certain FHA programs, like the 203(k) loan, can finance both the purchase and renovation costs of a home.

Conventional Loan

Conventional loans are not backed by any government entity and are offered by private lenders. They are the most common type of mortgage loan.
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What You Need To Know

Benefits

Typically, conventional loans offer competitive interest rates, and PMI is required only if the down payment is less than 20%. They are also often more flexible in terms of loan amounts and property types.

Eligibility

Borrowers usually need a higher credit score and a solid income history, and they must meet specific debt-to-income ratios.

Uses

Conventional loans are flexible and can be used to purchase a primary home, second home, or investment property. They can also be used for refinancing.

Renovation Loan

Renovation loans combine the costs of purchasing and renovating a home into a single mortgage.
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What You Need To Know

Types

There are various options, including FHA 203(k) loans, Fannie Mae’s HomeStyle Renovation loan, and Freddie Mac’s CHOICERenovation loan.

Benefits

Allows buyers to finance the purchase price of a home plus renovation costs, spreading out the expense over the life of the mortgage.

Eligibility

Typically available to buyers looking to purchase fixer-upper properties, though specific eligibility requirements depend on the type of renovation loan.

Uses

Primarily used to buy a property in need of repairs or updates, allowing the buyer to improve the home while building equity.

Construction Loan

Construction loans provide short-term funding to finance the building or substantial renovation of a property. These loans are often converted to a traditional mortgage once construction is complete.
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What You Need To Know

Types

Construction-to-permanent loans (which convert into a mortgage upon completion) and standalone construction loans (which require a separate mortgage after construction).

Benefits

Covers construction costs and can later be converted into a long-term mortgage, saving the borrower from having to secure separate funding.

Eligibility

Requirements vary by lender but generally require a good credit score, a detailed construction plan, and proof of sufficient income.

Uses

Ideal for buyers who want to build a new home, perform major renovations, or even tear down an existing property to rebuild.

DSCR Loan for Investors

Debt Service Coverage Ratio (DSCR) loans are designed for real estate investors. They use the rental income generated by the property to qualify for the loan rather than the borrower’s personal income.
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What You Need To Know

Benefits

No personal income documentation is needed, making it easier for investors with complex income streams or self-employed status. The property itself must produce sufficient income to cover debt obligations.

Eligibility

The property’s DSCR must meet the lender’s required threshold, often at least 1.0, meaning the income covers the debt payment. Investors usually need a good credit score and a sizable down payment.

Uses

Ideal for purchasing rental properties or refinancing investment properties without the need to provide personal income documents.

Cash To Keys Program

Cash to Keys programs (or Cash Offer programs) are increasingly popular, designed to help buyers compete in competitive markets by allowing them to make cash offers, even if they require financing.
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What You Need To Know

How It Works

With this program, a company or lender provides the cash to purchase the property upfront, allowing the buyer to secure the home quickly. Afterward, the buyer secures financing to “buy back” the home from the program provider.

Benefits

Allows buyers to compete with cash offers, often strengthening their offer in a competitive market.

Eligibility

Requirements vary depending on the program provider, but buyers generally need to meet credit and income standards to qualify for the eventual mortgage.

Uses

Used to purchase a home quickly in a competitive market without a mortgage contingency, helping buyers compete with all-cash offers.

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Tameka G.

Tameka G.

Marie and her team are the absolute best! I am beyond thankful for the help and support she provided me while trying to sell my first home. I was under a lot of stress, especially living across the country trying to manage a pr...
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Amy K.

Amy K.

Marie did an exceptional job selling my home. She made the entire process as stress-free as possible and was always there to answer any questions or concerns. I highly recommend using her for selling any of your properties.
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Phyllis S.

Phyllis S.

Maria was very professional she sold my house very fast..she also was on top of everything.
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Jason W.

Jason W.

Honestly, I can’t speak highly enough of this amazing agent. She has facilitated numerous transactions for me and also others I have referred her company to. The process has always gone smoothly and with her professionalism, kn...
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Eloise D.

Eloise D.

It was smooth sailing working with Marie and her team, she was very professional and got everything done with ease, I would recommend her to anyone needing Real Estate help. If you want your house sold, call Brickman Real Estat...
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Courtney G.

Courtney G.

Marie and Mitch were so helpful to my brother and I when we needed to sell my father’s home suddenly. They wasted no time ensuring the process for us was swift and painless. Will definitely use them in the future.
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John C.

Great experience and very knowledgeable! I recommended it to family and friends.
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Daniel S.

Daniel S.

Mitch and Marie are exceptional! Their promptness, knowledge of the market, strategic mindset, kindness, and good energy literally covert a potentially chaotic purchase process into simplicity. Mitch and Marie actually impress ...
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Angela R.

Angela R.

Absolutely thrilled with our experience working with Marie Brinkman and the team! From start to finish, she was professional, attentive, and reliable. Marie and Mitch worked tirelessly to ensure we closed on our dream home and ...
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Chris W.

Chris W.

Mitch and Marie are incredible at what they do. They did a complete renovation job for an investment property in Portsmouth, and everything turned out amazing. They put great care into what I wanted and always had my best inter...
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Jason R.

Jason R.

Marie and Mitch Brinkman are an amazing real estate agent and loan officer team! I have worked with them numerous times and they always provide top-notch professional service. They truly care about helping their clients. I high...
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Kevin M.

Kevin M.

Very impressed with the knowledge, work ethic, and communication skills of the team. Not one time was my questions never answered in a timely manner. Mitch and Marie did a great job in ensuring I felt safe and comfortable about...
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Caleb D.

Great experience with Mitch and Marie after leaving a poor-performing realtor. They were very responsive and informative and great at giving options so we could pick what worked best for us. They were highly involved and active...
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Mianna

Mianna

With moving to Virginia just short of 2 years ago, it is challenging to find people who mean well, or who you know you can trust. In the short time that my wife and I were working with Mitch and Marie, we found ourselves in the...
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Wendy C.

Wendy C.

Brinkman Real Estate is exceptionally skilled at what they do! Their attention to detail, commitment to excellence, and true dedication to their clients' needs are extraordinarily rare. They daily channel their combined talents...
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Sasi T.

Sasi T.

Working with Mitch and Marie was a great experience. Marie walked us through the entire process, which made it easy because we had never sold a house before. We received an offer above our asking price within a few days after w...
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Capri D.

Capri D.

Marie and Mitch are the absolute best team you can have by your side. They both go above and beyond to make sure you find the right property. My fiancée and I have begun our journey in real estate, and we really could not have ...
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Mason D.

Mason D.

Marie and Mitch were extremely helpful and ensured that our home-selling experience went as smoothly and pleasantly as possible. They were always available to give advice or lend a hand during the entire process. We are beyond ...
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Connor F.

Connor F.

After working with multiple real estate agents in the area the Brinkman Team is hands down the best real estate agent to work with in the Hampton Roads! They take genuine time to understand what you are looking for and don’t gi...
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Tileda B.

Tileda B.

Marie and Mitch are very professional. They listen to what you are looking for and the price that you can afford. They do what it takes on their part to make sure you get your dream home. They are in constant contact with you g...
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Expertise You Can Trust

Whether you’re a first-time buyer, a seasoned investor, or looking to sell, we are here to guide you every step of the way. Let’s embark on this journey together and turn your real estate dreams into reality!

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