Assumable VA Loans: Pros and Cons
What Does It Mean To Have An Assumable Mortgage? One benefit of a VA loan is that it is assumable. This means that if you sell your home, the new buyer can take over your loan and continue to make the same monthly payments that you were making. Not all loans are...
Va Offers Refinance For Rate Reduction After 7 Mortgage Payments
If you’re considering refinancing your home loan, you may have come across the term “Interest Rate Reduction Refinance Loan” (IRRRL). Also called a “Streamline” or a “VA-to-VA” loan, an IRRRL can be used to refinance an existing VA loan to a lower interest rate....
The Complete Guide to Moving In
Time to move into your new home! This can be an exciting time, but it can also be a little overwhelming. There are so many things to do and organize! That’s why we’ve put together this guide to moving in to help make the process a little easier. From unpacking your belongings to getting the kids settled in school, we’ve got you covered. So whether you’re just starting to pack or are already on the road, make sure to bookmark this page!
Ultimate Moving Checklist
The thought of moving can be intimidating, but with a little bit of planning, it can be a relatively stress-free experience. In this blog post, we created a detailed checklist to take you from the early stages of planning to moving day. Whether this is your first move or you’re an old pro, this step-by-step guide should help keep you organized and on track.
Home Appraisals: What Buyers and Sellers Need to Know
If you're in the market to buy or sell a home, and in some cases, refinance a home, then you need to be aware of home appraisals. Appraisals are a key part of the real estate process, and they can have a big impact on whether or not a sale goes through. In this...
GETTING A HOME LOAN: BUDGETING TIPS AND STRATEGIES
If you’re looking to take out a home loan, then you’ll need to be prepared in terms of both your finances and your paperwork. In this blog post, we’ll give you some tips on budgeting and other financial strategies that can help make the process of getting a mortgage easier.
HOME LOANS: OPTIMIZING YOUR CREDIT SCORE
Your credit score is one of the most important numbers in your life. It can affect your ability to get a loan, a job, or even an apartment. A high credit score means you’re a low-risk borrower, and that can save you money on your mortgage loan. In this article, we will discuss some strategies for optimizing your credit score and managing your finances so you can enjoy the benefits of having a high credit rating.
Mortgage Interest Rates – What You Need to Know
Mortgage interest rates are one of the most important factors when considering a new home loan. It’s important to understand how they work and what you can do to get the best rate for your needs.
Closing Costs Explained
When you obtain a VA loan, you may not have to worry about paying a mandatory down payment, but you should still anticipate having some disposable cash in your account to close the deal on your new home. No matter what kind of loan you get, you’re going to run into some closing costs or added fees that will be due at the time of your closing meeting. These additional fees are meant to pay your lender for their work on your loan.
Home Loan Pre-Approval – The Who, The How, and The Why
Getting a pre-approval is the smartest move you can make when you decide it’s time to purchase a home. Among the benefits you can expect with a pre-approval are: It makes you a more competitive buyer, agents and sellers want to work with you, and speeds up the closing process.
Tips For Moving With Pets
Moving is both an exciting and exhausting time that brings with it a lot of meticulous planning and a lot of trying to remember if you forgot that one thing. But if you’re a pet parent, we’re sure your beloved pet is a top priority. Still, it’s easy to slip up on...
Benefits of Homestead Tax Exemptions
When you obtain a homestead tax exemption, you exclude a percentage of your property value from your property taxes. While most states offer tax exemptions to homeowners, eligibility tends to differ a bit depending on where you live. In some states, a homestead tax...
Pros and Cons of Purchasing a Property With a Pool
Suppose you've never owned a property with a pool. In that case, you may be unfamiliar with the level of hard work that goes on behind the scenes to maintain the refreshing accessory we all associate with relaxation. You also probably haven't experienced simply having...
Refinancing: When and How
In essence, refinancing your home merely means that you replace your existing home loan terms with new ones. A brand new loan could mean lowering your current interest rate and ultimately saving money on your monthly payment. Let’s explore how to pinpoint when to...
How Long Does It Take To Close On A New House? (VA, FHA, & other)
You finally found your dream home. The papers are signed, and you’re getting the boxes packed and ready to go. But how long does it take before you can settle into your new home? Between the signing and move-in day, there is a waiting period to close on a house. Here’s what you can expect.