Looking for an option other than a conventional mortgage loan? If your credit score is preventing you from securing a traditional home loan, don’t lose hope. It may be possible to qualify for an FHA loan instead. Here’s a look at the FHA loan program and down payments...
Have you been told your credit is probably too low for a home mortgage? Or heard horror stories about qualifying for a VA home loan? There are a number of false tales or exaggerated claims surrounding these mortgages. The truth is the VA Home Loan Program is an...
If you’ve been considering a VA home loan, you may be wondering if your credit score meets the VA loan requirements. VA home loans make homeownership a reality for many veterans, active service members and their spouses. Benefits of the VA home loan program include no...
If you are eligible for a VA Home Loan mortgage, you are already aware of how powerful it is. Guaranteed by the U.S. Department of Veterans Affairs and issued by approved lenders, its benefits include: no mandatory down payment no private mortgage insurance...
Purchasing a home is one of the most important financial decisions you can make. While the steps of securing a mortgage loan can be stressful and intimidating for potential homeowners, VA Home Loans, guaranteed by the U.S. Department of Veterans Affairs, help make the...
Why You Need an Appraisal The VA loan appraisal is an essential part of the VA loan approval. It determines the fair market value of a home that is going to be purchased or refinanced by means of a VA home loan. The Department of Veterans Affairs requires the...