Sometimes it appears the VA loan is a gift that just keeps on giving. That might be hard to explain to those outside of the mortgage industry but when you begin reviewing the benefits the VA home loan program...
Knowing where you stand credit-wise before shopping for a home loan can save you both time and money. Lenders employ a matrix of sorts that combines a down payment amount and credit score to come up with a mortgage...
With all the gyrations in the stock market in recent years, investors have looked beyond stocks and considered other types of investments as they adjust their portfolios. Hard assets, those that you can feel, touch and see have always...
If your lender calculated the APR properly, there really isn’t much difference. But for consumers not really familiar with the term “annual percentage rate” or APR, it can cause a bit of confusion. And unfortunately, many loan officers aren’t...
For some reason, the FHA mortgage program struggles to get past many misconceptions about this program which helps millions buy and finance their first home. First introduced in 1934 to provide some semblance of stability in the untamed mortgage market,...
For those who qualify, there is no better mortgage option which requires no money down, reduced fees and no monthly mortgage insurance.VA Funding Fee...  On top of those stellar benefits, the VA actually guarantees a portion of a VA loan...
You’ve read here before about the sometimes confusing language lenders use on a daily basis. When financing a property you’ll encounter these terms and if your loan officer isn’t careful, will use them when communicating directly with you in...
For those who qualify for this outstanding loan program and want to buy and finance a home with as little cash as possible, there is no better choice than the VA home loan.Here's how to get your VA certificate...
Mortgages today are fully amortized. No more of this “negative amortization” stuff or “payment option” loan programs where mortgage loans would actually increase over time instead of being paid down. Thank goodness forbi-weekly mortgage payments. When a mortgage company issues...
The Servicemen’s Readjustment Act of 1944 provided benefits to returning soldiers after WWII. Among these benefits was the VA home loan program and today more than 20 million have taken advantage of this special program. The VA isn’t a...