When looking into VA home loans as an option for purchasing or refinancing your home, one of the many questions on your mind might be “what are VA loan benefits?” and more specifically, “do VA loans have PMI?”. During your home loan research, you may have taken note of how PMI, or private mortgage insurance, Read More…
Author: Bill Lyons
2020 VA Loan Rules: New VA Loan Income Requirements | Griffin Funding
Since 1944, the Department of Veteran Affairs has been issuing VA loans to service members and veterans in an effort to help members of the armed forces purchase a home or property. What makes VA loans so attractive is that they typically don’t require a down payment. In addition to no down payments, VA loans Read More…
FHA vs VA Loans: Which Mortgage Option Is Right for You?
As a first-time buyer, you may be overwhelmed by your mortgage options. Which will offer the lowest down payment, the best terms overall, and help you minimize how much you spend on your mortgage over the life of the loan? To help you sort through the massive amount of information on home loans and learn Read More…
VA Loans vs Conventional Loans
VA loans are special home loans available only to veterans and active duty service members. They’re popular among those in the military because they boast lower interest rates than conventional mortgages often offer, and sometimes come with the perk of no down payment and more flexible credit requirements. However, before you rush to get a Read More…
VA Entitlement Explained: Basic & Bonus Loan Entitlements
There are many different aspects of VA loans that you should understand before entering into a loan agreement, one of which is VA entitlement. The VA entitlement is the amount of a home loan the Department of Veteran Affairs (VA) will cover if you default on your loan. Essentially, this is the amount the lender Read More…
How to Apply for Your First VA Loan
If you are a veteran looking to buy your first home, you may qualify for a VA Home loan. Most members of the regular military, veterans, reservists, and National Guard are eligible as well as surviving spouses of military members who died while on active duty or as a result of a service-connected disability. Are Read More…
Backyard Design Ideas That Your Dogs Will Love
If you’re like most dog owners, you love the idea of watching your dogs play and run around in the backyard. You enjoy the freedom of opening the door and letting them roam and get out some energy. However, those positive feelings change pretty quickly the first time your dog digs up the garden. What Read More…
What to Consider When Buying a House: 5 Homebuyer Concerns
When you’re shopping for a new home, it’s challenging to tell when a house is actually in good condition. Quick fixes and cosmetic band-aids can easily pull the wool over the eyes of unsuspecting home buyers. Before you know it, you’ve bought a house with underlying issues like mold or worse. No prospective homeowners want Read More…
Loan Programs Available to First-Time Home Buyers
Buying a home is an exciting and somewhat daunting decision. Many people get used to the idea of paying rent, not realizing that there are programs available to help them buy a home and put that rent money into an investment, rather than watch it disappear. If you are a first-time home buyer, you can Read More…
How Bank Statements Loans Can Get You Your Desired Home Mortgage
Sandra has always been very independent. From a young age, she found creative ways to earn money, from lemonade stands to shining her father’s shoes. Her latest venture was an RV Car Wash. She saw a need for this as RV’s are becoming an even more popular way of life and travel, especially in the Read More…