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
VA Loan News
Arizona VA Loan Process Guide
The VA home loan program is a mortgage-backed guaranteed by the U.S. Department of Veterans Affairs. This loan program is designed to provide special benefits to Arizona vets as well as the surviving spouses of veterans. VA home … [Read more...] about Arizona VA Loan Process Guide
2019 VA Funding Fee Chart
Home buyers interested in a new VA purchase or refinance loan will find the latest 2019 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 2019 VA Funding Fee Chart
2019 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 2019 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
Conforming and Jumbo Loan Limit Florida
Conforming loan limits are set county by county. Borrowers who buy a home and finance it with a conforming loan amount, a loan at or below $484,350, they enjoy slightly lower interest rates compared to a jumbo loan amount. In all … [Read more...] about Conforming and Jumbo Loan Limit Florida
VA Jumbo Loan Guide
VA jumbo loans are simply VA backed mortgages above the standard county loan limits. As of January 2019, the standard VA loan limit is $484,350 for most cities across the country. Select "high cost" locations in California, … [Read more...] about VA Jumbo Loan Guide
How Long To Close VA Loan?
Home buyers often ask how long does it take to close on a VA loan? The VA loan closing process is really no different when compared to regular conventional loan or FHA mortgage. VA purchase loans take on average about 25-35 days … [Read more...] about How Long To Close VA Loan?
Common First Time Home Buyers Questions
First time home buyers are filled with questions. Many times, more questions come up after a previous one has been answered. Mortgage loan officers have heard these questions over the years and we’ve put together a list of … [Read more...] about Common First Time Home Buyers Questions
VA Streamline IRRRL and Cash Out Refinance Programs
Refinancing a VA loan is much like refinancing any other mortgage. However, VA loans do have a refinance option that conventional loans do not have. This option is referred to as a VA “streamline” and is a VA-to-VA refinance that … [Read more...] about VA Streamline IRRRL and Cash Out Refinance Programs