Melvin Feller owns and is the founder/CEO of Melvin Feller Business group. He operates in Dallas Texas. A former sailor and proud supporter of our vets, Melvin now concentrates on business and his love of seeing people become successful in all areas of life. He is an avid Christian and knows all things are possible in Christ! He has been a domestic violence survivor in his marriage and divorce to Tina and more importantly a cancer survivor.
Melvin Feller Discusses VA Loan Facts
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Melvin Feller Discusses VA Loan Facts
Melvin
Feller Business Group in Dallas Texas and Lawton Oklahoma. Our mission
is to call and equip a generation of Christian entrepreneurs to do
business as ministry. We provide workshops and resources that help
companies discover how to do business God’s way and provide a positive
outreach as the director. When the heart of a business is service rather
than self it can be transformed into a fruitful business ministry
earning a profit and being of service to the community and their
customers. Melvin Feller also owns Melvin Feller Ministries. Melvin Feller is currently pursuing another graduate degree in business organizations. Melvin Feller Discusses VA Loan Facts
American
veterans currently serve and have served their country for modest pay
and limited financial security. In some cases, a prolonged period
outside of the private workforce, or injuries incurred while serving in
the U.S. armed forces have resulted in diminished employment and earning
potential, leaving some veterans unable to afford a home under regular
mortgage and home loan circumstances. That is part of the reason why the
United States Department of Veterans Affairs provides guaranteed home
loans to help American veterans pay for a home of their own.
VA
home loans encompass several advantages over traditional loans, and are
available to retired and active duty service personnel, some members of
the Selected Reserve, and spouses who fall into certain categories such
as the un-remarried wives and husbands of Armed Service personnel who
perished from service-related injuries or conditions, or who have been
missing in action or a prisoner of war for more than 90 days. The
following guidelines may help you determine whether your service makes
you eligible for a VA guaranteed loan:
Active
duty eligibility begins after 90 days of continuous active service, or
after 181 days of continuous active non-wartime service.
Selected Reserve reservists or National Guard personnel with a
minimum of six years service, or those who have been honorably
discharged due to disability, and who have been retired, who now serve
on a different Ready Reserve, or who remain in the Selected Reserve are
all eligible to apply for a VA loan. Melvin Feller Discusses VA Loan Facts
Certain
service does not meet the requirement for VA financing, including World
War I service and active duty for training in the Reserves or National
Guard. Individuals who do not qualify for a VA loan may, however, find
themselves eligible for a Housing and Urban Development /Federal Housing Administration veterans loan. Contact your regional VA office for more
details.
Eligibility
for a VA loan is made by Veterans Affairs. Qualified individuals will
receive a certificate which they can use when applying for a VA loan.
Certificates can be obtained from any VA
Eligibility Center upon
submission of VA Form 26–1880 and suitable proof of service and
discharge conditions. A copy, or Certificate in Lieu of Lost or
Destroyed Discharge papers is available to veterans who can prove their
military service but who may no longer have their original discharge
documentation. This certificate can be helpful in obtaining a VA loan.
Each
Veterans Affairs home loan supplies an amount of money that it
guarantees lenders against loss on loans made to veterans. Contact your
local VA office regarding loan figures and eligibility before agreeing
to a particular loan. This entitlement amount is a one-time allotment
unless a prior VA loan has been paid in full and the property it was
used to obtain has been sold. The entitlement may also be restored if a
qualified buyer agrees to assume the outstanding loan balance and
substitute his or her own entitlement (same amount used on the original
loan). If only part of the entitlement has been used to secure a loan,
the remaining balance may be used for a second loan. This remaining
entitlement option may be particularly useful for veterans who secured a
loan using their entitlement when the maximum amount was lower than its
present value: in this case, a veteran may use the difference between
what he or she was eligible for then and the new maximum to help secure
another loan. Melvin Feller Discusses VA Loan Facts
When
trying to determine which property to buy or fix, veterans should
consider that most lenders require the total of the guaranteed
entitlement and any cash down payment the veteran is able to make to
equal about one quarter of the total sale price of the property in
question. This limitation may help veterans decide what they can afford
to spend to buy a home, mobile home, townhouse, or VA-approved
condominium, to build or repair a home, to refinance an existing home
loan, or to purchase a domestic lot for a home.
Finally,
VA guaranteed home loans are not administered by Veterans Affairs.
Rather, veterans obtain the loans by applying to regularly lending
facilities and supplying the necessary proof that they qualify for a VA
guarantee. Melvin
Feller Business Consultant, Business Owner, Melvin Feller ministries
and Graduate Student Candidate in Business OrganizationMelvin Feller Business Consultants Ministries Group in Texas and Oklahoma.
Melvin Feller founded Melvin Feller Business Consultants Group and
Melvin Feller Ministries in the 1970s to help individuals and
organizations achieve their specific Victory. Victory as defined by the
individual or organization are achieving strategic objectives, exceeding
goals, getting results or desired outcomes and a positive outreach with
grace and as a ministries. He has extensive experience assisting
businesses achieve top and bottom line results. He has broad practical
experience creating WINNERS in many organizations and industries. He has
hands-on experience in executive leadership, operations, logistics,
sales, program management, organizational development, training, and
customer service. He has coached teams to achieve results in strategic
planning, business development, organizational design, sales, and
customer response and business process improvement. He has prepared and
presented many workshops nationally and internationally.
According to Melvin Feller MA buying foreclosures is not as easy as most people think, and there is absolutely no one better way” to buy foreclosures. Melvin Feller is President of Melvin Feller Business Group in Oklahoma and Texas and a thirty-year veteran investing in foreclosure properties. He loves Texas Real Estate and Thinks Texas is must have part of any one’s wealth strategy! He has spent his entire professional life in business and real estate. The key to any “profitab l e purchase” is find a truly motivated seller. Someone who wants cash more than they want to keep their house or someone who wants to sell you their home more than you want to buy it. Once you have a motivated seller, you are more than half way to your goal of buying a house below market value. So, I’ll illustrate three ways to buy foreclosures. Which of these is the best? Well, again, it’s up to you to decide. I’ll just lay the basic foundation and then you can determine which option is the best...
Melvin Feller Shows Ways to Build Your Social Network. Melvin Feller is the managing partner and Founder of Melvin Feller Business Group. Founded over 30 years ago, it started as small business development group but has now expanded to a worldwide organization. They develop and do grant writing, business plans and start up business design from the ground up. They are especially involved in minority and veteran businesses and endeavors. They also offer life coaching. Melvin Feller Business Group currently has offices in Dallas and Oklahoma City. Melvin Feller is also an adjunct instructor on a plethora of subjects. One of Mel v in Feller’s favorite motto is: “I will always try my best at what I do. I am not perfect and I have made mistakes. I will always own my mistakes and not pass the buck. However, I refuse to be defined by last mistake. Life is to short not to stand back up and damn the torpedoes and learn from those mistakes.” This was instilled in my Navy Reserv...
Melvin Feller is an experienced entrepreneur and former executive, so he speaks from experience, as well as years of his own personal and professional development. Melvin Feller is also an online Business educator who loves to teach all aspects of business. Melvin Feller’s clients hire him for his depth of business knowledge to motivate, educate and inspire aspiring and current executive leaders to achieve a higher level of success, professionally and personally. Melvin Feller aligns leaders to the vision and future of the organization, supports them in the execution of key strategies and tactics to move initiatives forward and helps them build capabilities to transform culture. Melvin Feller deals with a lot of clients that are dealing with clutter. Therefore, they know that the clutter is an issue in their production and business. Now you might be asking, what is clutter and why should I care about it? Clutter is essentially anything you don't need, don...
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