The question always arises when it all comes down to choosing which government program would be better - USDA or FHA. This information should give buyers a general idea of the basic pros and cons. Note that all the information … [Read more...] about Comparing FHA vs USDA Home Loans
VA Loan News
No Money Down Mortgages for 2021
2021 will usher in higher loan limits for the two very popular no money down mortgage programs, the VA and USDA home loans. Each year, the Federal Housing Finance Agency reviews the national median home values in October and … [Read more...] about No Money Down Mortgages for 2021
Conventional Home Loans With 3% Down Payment
Conventional home loans with 3% down payment are now available for approved home buyers nationwide. 97% Conforming loans are a great tool to help first-time buyers who may not have the resources for a larger down payment loan. The … [Read more...] about Conventional Home Loans With 3% Down Payment
Is It Still a Good Idea to Refinance?
Refinancing activity has certainly slowed over the past year as interest rates have increased. It's easy to understand why as interest rates have gradually risen. But the key term here is "gradually." Rates have in fact gone up … [Read more...] about Is It Still a Good Idea to Refinance?
Jumbo Mortgage And Real Estate Trends Richmond
If you’re into Colonial history then you already know the significance of the state of Virginia and the important role it played in forming the United States and the original 13 Colonies. The original colonial settlement was … [Read more...] about Jumbo Mortgage And Real Estate Trends Richmond
VA Cash Out Refinance Details
When someone is thinking about refinancing an existing VA loan, there usually is more involved than just the interest rate attached to the note compared to where rates currently are. Yes, this is the most common reason someone … [Read more...] about VA Cash Out Refinance Details
The Costs When Purchasing a Home
Are you buying a home in the near future? Have you started visiting real estate websites looking at different properties in various parts of town? Maybe even calculated an estimated monthly payment? Then congratulations, you’re … [Read more...] about The Costs When Purchasing a Home
2021 VA Funding Fee Chart
Home buyers interested in a new VA purchase or refinance loan will find the latest 2021 VA Funding Fee Chart below. Veterans who qualify as 10% (or greater) disabled as a result of active military service are NOT required to pay a … [Read more...] about 2021 VA Funding Fee Chart
2021 VA Loan Guidelines
VA is without a doubt the best home financing program for Veterans that have the eligibility. 100% financing, no mortgage insurance, low secure fix rates.. the list of benefits goes on. Whether buying a home or … [Read more...] about 2021 VA Loan Guidelines
Texas Updated USDA Loan Requirements
Many Texas first time buyers don't have the means for the large down payments required by most mortgage programs today. The good news is the 100% USDA Rural Housing loans are offered to help lower to moderate income households … [Read more...] about Texas Updated USDA Loan Requirements