Search Results for: st-charles-first-time-home-buyer-mortgage

Virginia USDA Rural Development Mortgage Program

Virginia USDA Loan Requirements and Guidelines

When you want to buy a home, finding the best mortgage program could make a significant difference to your long-term finances. If you are looking to live in rural Virginia, you could benefit from the advantages offered by the USDA’s mortgage program. Choosing a USDA Mortgage Loan The United States Department of Agriculture has a […]

Mortgage Insurance: What Exactly Is It And How Does It Help Borrowers?

What Is Mortgage Insurance and How Does It Work?

The title seems misleading, right? Every mortgage lender goes to great lengths to explain to real estate agents and borrowers how mortgage insurance is necessary, how to calculate the amounts and when the mortgage insurance will likely fall off the mortgage. However, how does PMI benefit the actual home buyer?

Refinance Mortgage

Refinance Mortgage Program Requirements and Guidelines

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 […]

FHA Reverse Mortgage Loans

With the Baby Boomer generation getting older, many people who have lived at the same home for 20+ years are realizing a very important fact; you can’t eat equity. People who have spent years maintaining and updating their homes are in a position where they have a large amount of equity in their property. But […]

No Down Payment Mistakes To Avoid

No Down Payment Mistakes To Avoid

When people search for a home mortgage with little to no down payment, they often neglect some other important items in the home buying process. Here are some common mistakes that can be avoided with a little work.