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 […]
Conventional loans by Fannie Mae and Freddie Mac are available to a wide range of consumers in order to fit multiple situations. If you have great credit and a bit of money saved up, it is likely that one of these conventional loans is perfect for you. Combo Loans This is a great way to avoid […]
In the most basic of terms, VA Second-Tier Entitlement gives a qualified military person the ability to have two VA mortgages out simultaneously.
The overall strong real estate market has seen major booms in the last few years. The increase in average prices have led to a change in the Fannie Mae and Freddie Mac conventional loan limits, yet again. For the year 2024, the maximum loan limit amount allowed by either Freddie Mac or Fannie Mae for […]
Homeowners often get a ton of information from various sources about refinancing. Because there are many types of refinances it can be a bit confusing when trying to compare the different loans. This article will serve as a basic guide to explain a refinance mortgage and why a person would consider this financial move. Basics […]
For the right borrower, a WHEDA mortgage can be an excellent way to before a homeowner. Take a look at the following pros and cons of the WHEDA loan!0
Qualify for an FHA Loan in Illinois The FHA (Federal Housing Administration) loan is a great way for Illinois residents to purchase a home. Whether you’re buying your first home or 6th home, getting an FHA loan makes it possible to achieve homeownership with several advantages. Look at the following FHA mortgage requirements to learn more […]
If your situation doesn’t fit the standard expected by lenders, you could find it more difficult to qualify for the home loan you want. But there could be other options that will make financing your home purchase easier.
How To Qualify For An FHA Loan in Florida The FHA loan has long been a standard for first-time homebuyers and experienced home buyers alike to purchase a home. There are many reasons why this program continues to be popular among potential homeowners. Here we present some of the basic guidelines of the program for […]
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, […]
