Mortgage guidelines have been changing frequently in recent months due to the COVID-19 pandemic. Government loan programs like VA, USDA and FHA loans have seen tighter underwriting and credit requirements in recent months. The … [Read more...] about Florida VA Loan Refinance Opportunity Still Remain
VA Loan News
Florida USDA Loans Offer Another 100% Finance Option
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
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 … [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?
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
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?
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