Refinancing is a common mortgage activity in the current climate of rising interest rates. Many homeowners are hoping to score some savings from low refi rates while it lasts, before the trend continues to make refinancing unaffordable.Among the refi options available today, loans backed by the Read more
The Reasons Sellers Do Not Want a VA Loan Deal
If you are a veteran with VA financing, you probably find it a little more difficult to find a home to purchase than other buyers do. It is not that the homes are not available; it is that the sellers do not want to accept your offer. It may or may not be due to the amount of your offer – typically, Read more
How a VA Vendee Loan Works
The VA owns many homes on the market; you just may not realize it. Any veteran who secured VA mortgage financing and defaulted on their loan payments ends up losing the home in foreclosure. The VA then takes possession of the home because they guaranteed the loan for the funding bank. Now the VA Read more
How to do a VA Loan Refinance Into a Conforming Loan
If you took a VA loan out a few years ago and it is time to refinance, you might realize you have many options. You can likely refinance into another VA loan and even take advantage of the VA Streamline program. This program requires you to verify very little while helping you lower your interest Read more
Look: 3 Government Refinance Loans Worth Checking Out
There are a handful of refinance programs available for government-backed loans. FHA streamline refinance aside, these government refinance loans are understandably specific, catering to veterans, rural homeowners and those with fixer-uppers.If you are a homeowner with an existing VA, USDA or Read more
