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 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…

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…

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…

Veterans are able to receive home loans backed by the government at a lower rate than the general public. As conventional loan rates begin to creep back up, VA loans get even better. Here are the top four benefits of a VA loan. Payments Are Lower No mortgage insurance and lower interest rates than conventional Read More…

Many are confused about the difference between a VA appraisal and a home inspection. A VA appraisal is mandatory for all VA loans. The borrower is required to pay for it and it has a direct affect on the loan. It is used to establish the fair market value of a home as well as Read More…