USDA loan does have a long history and has been referred to by other names over the years but today it’s one of the least utilized home loan programs in today’s market when it really shouldn’t be. The USDA origins can be traced … [Read more...] about Florida USDA Loans Offer Another 100% Finance Option
VA Loan News
Charleston VA Loan Program List
For those home buyers fortunate enough to be eligible for a VA home loan, it's an excellent option. The program offers flexible credit and qualifying terms and remains a popular choice for buyers in and around Charleston. The VA … [Read more...] about Charleston VA Loan Program List
VA Closing Costs: Seller or Buyer Paid?
Even though you’ve probably heard the term “no closing cost” loan, the fact is that all mortgages come with closing costs. There’s just no way around it. There are lender closing costs and non-lender closing costs needed to … [Read more...] about VA Closing Costs: Seller or Buyer Paid?
Working With Lender to Get VA Entitlement
When you apply for a VA loan, you’ll notice there is a little checkbox on the application that asks what type of loan you’re looking for. One of those boxes is marked “VA.” Checking this box lets the lender know upfront what type … [Read more...] about Working With Lender to Get VA Entitlement
Common FAQs For VA Loans
VA loans remain a perfect choice for eligible veterans searching for a no down payment mortgage. Not only is the program 100% financing, but the veteran is also prohibited from paying certain kinds of closing costs. Interest rates … [Read more...] about Common FAQs For VA Loans
Comparing FHA vs USDA Home Loans
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
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