Nearly all of these VA guidelines and rules will apply to a VA mortgage whether it is a purchase transaction or a refinance loan.
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First Time Home Buyer
First Time Home Buyer Guide: Programs and Requirements People looking to purchase their first home usually have a wide range of home loans to choose from. We are happy to offer multiple types of first time home buyer programs that should fit almost every potential need. We offer many First Time Home Buyer programs including: Government […]
VA Mortgage
VA Mortgage Requirements and Guidelines: A Detailed Look In 1944 the United States Congress introduced the bill that paved the way for the Veterans Administration (also called VA) to officially offer the VA mortgage to veterans. While there have been a few changes and improvements to the lending rules over time, the main intent remains […]
FHA Mortgage
For many potential home buyers, the FHA mortgage is a fundamental part of their buying strategy. This particular mortgage has been a staple program for multiple generations and has helped numerous people realize the dream of owning a home. FHA Mortgage Requirements FHA, an acronym for Federal Housing Administration, does not directly offer loans. Instead, […]
What is Earnest Money?
Every thing you need to know about earnest money when buying a home including how much you should give and how to get it back.
Pros and Cons of The VA Loan
The VA mortgage has some wonderful benefits along with a few obstacles that borrowers need to understand. Learn the pros and cons of the VA loan and make a good, educated decision about your home purchase.
Pros and Cons of FHA Loans for Home Buyers
Weighing up the pros and cons will better help you understand whether your unique financial situation best suits an FHA loan.
Common Home Buyer Contingencies You Need to Consider in Your Offer
When you buy a home, you will be expected to pay an earnest money deposit, and if something goes wrong, you could lose this cash. Contingencies are a way for buyers to protect their earnest money when making an offer.
The Differences Between FHA, VA, and USDA Mortgages
We look at FHA, VA, and USDA, which are the three main government-insured loan programs, to help you pick the right program for your situation.
FHA Gift Funds: Mortgage Guidelines and Requirements
If you are using an FHA loan, they allow gift funds to make it easier to be approved for the mortgage. This money could be the difference between buying your home this year or having to wait until you have built up your savings.