Blog Articles - Tevis Durbin

From a Condemned Rental to a Traditional Mortgage Closing

A borrower living in a condemned rental was told the numbers did not work. When Social Security income became documentable, that changed. Here is how staying in contact, running the full income picture, and knowing which program fits turned a prior denial into a conventional loan at a standard rate.

Gift Fund Mortgage Rules That Catch Buyers Off Guard

A closing nearly collapsed because gift funds came from a non-family member and no one mapped the documentation path in advance. Here’s what current FHA and conventional gift fund rules actually require, and when to have the conversation with your lender.

The 20% Down Payment Myth Indiana Homebuyers Still Believe

The 20% down payment rule gets repeated so often it feels like law. Tevis Durbin walks through the real math, including a personal conversation that reframed the question entirely, to show why that number may cost Indiana buyers more than it saves.

FHA vs. Conventional Loans: Mortgage Insurance Math Indiana Buyers Need

FHA and conventional loans both require mortgage insurance, but the costs vary dramatically based on your credit score. Tevis Durbin explains the side-by-side comparison that changes the decision for Indiana home buyers putting less than 20% down.

How a Profit and Loss Loan Helped a Self-Employed Borrower Close in 30 Days

A Florida business owner with excellent credit and real revenue got turned away by his credit union for lacking a W-2. A profit and loss loan, structured by an experienced Indiana lender, closed the deal in under 30 days with less money down than he planned.

Renting in Hamilton County Costs You $75,000 Over Seven Years

Most buyers compare monthly payments and stop there. Tevis Durbin ran the complete seven-year rent vs buy model for a Hamilton County renter and the result was $75,000 in favor of buying. Here is exactly how that math works.

Variable Income Mortgage Qualifying in Indiana Takes More Than a Paystub

If your income includes overtime, bonuses, commissions, or a second job, mortgage qualifying works differently. Here is what Indiana buyers need to know about the two-year history rule and the documentation gaps that delay deals.

Securing a Relocation Mortgage Before Your New Job Starts

Relocating for a new job you found yourself puts you in a mortgage gray zone most lenders mishandle. Here’s how a non-contingent offer letter and the right documentation strategy can get you closed before your first day of work.

Delayed Financing Helps Cash Buyers Reclaim Their Capital

Paying cash wins more offers. But most buyers never hear what comes next: delayed financing lets cash buyers recover up to 80% of their purchase price within 180 days, putting capital back to work without selling the property or waiting out a seasoning period.