VA loans have some of the most relaxed guidelines out of any program in the industry today. They don’t focus on credit scores or debt ratios, but can you have too much debt and not get approved?Compare Offers from Several Mortgage Lenders.While the VA doesn’t ‘focus’ on debt ratios, they do Read more
What Questions Should You Ask a Loan Officer?
Shopping for a mortgage can be just as stressful as choosing the right home. As you interview lenders, you should ask them certain questions. You should know the ins and outs of any mortgage you are considering. After all, you could have this loan for the next 30 years and it will likely be one of Read more
What Fees Does the VA Allow on a VA IRRRL Loan?
The VA IRRRL loan allows veterans to refinance in the simplest manner. You don’t need to verify your income, assets, credit score, or the value of your home. Lenders rely on your mortgage payment history and net tangible benefit to qualify you for the loan.Looking for Current Mortgage Interest Read more
VA Jumbo Loan: What is it and How Does it Work?
VA loans typically offer 100% financing, but there’s a limit to it. If you borrow more than the standard limit of $484,350, you may be looking at a VA jumbo loan.Compare Offers from Several Mortgage Lenders.While the name sounds scary, it isn’t anything to be alarmed about. You still get the Read more
Untraditional Ways to Get Your Down Payment
Do you not have 20% saved to put down on a home and no way of saving that much in the near future? You might think that you won’t ever be able to buy a home with your inability to save. There are ways, though; you just have to think outside of the box.Compare Offers from Several Mortgage Read more
