If you are a veteran with VA benefits, you may want to buy a condo with your VA loan. Condos are often great starter homes or homes for those that don’t have time for exterior maintenance or that don’t need a lot of space.Compare Offers from Several Mortgage Lenders.Can you use your VA loan Read more
Archives for February 2019
Are Rates Going to Stay Low?
Mortgage rates have seen a low as the year 2018 came to a close. Low rates help many borrowers qualify for a loan, making the housing market boom. Are these low rates here to stay or is this another quick fluke?Compare Offers from Several Mortgage Lenders. The Prediction Fannie Mae and the Read more
Application to Closing: How Long do USDA Loans Take?
It’s a common myth surrounding the USDA loan that it takes ‘forever’ to get to the closing. It really doesn’t take too much longer than any other loan on the market. While there is one extra step USDA lenders have to take, if they do their job right, it won’t take very long.Compare Offers from Read more
Which Loan Should You Use as a First-Time Homebuyer?
Have you heard that the FHA loan is the best first-time homebuyer’s loan? In fact, it’s been known as only a first-time homebuyer’s loan for many years. That’s not the case, though. First-time homebuyers can use any type of financing that is available in today’s market. What you need to decide is Read more
What’s the Cost of a VA Loan Refinance?
If you have a VA loan and you want to refinance it, you have a few options. If you want to stick with a VA loan, you can refinance with the VA IRRRL (streamline refinance program) or the VA cash-out program. The VA cash-out loan allows you to take money out of the equity of your home – up to Read more
