How to Finance Your Next Home Renovation

This past year many homeowners spent a lot more time at home. If you’ve been thinking about remodeling your kitchen, building out a home office, or doing a home renovation to update needed repairs, you’re not alone. The good news is there are great renovation home loan programs that can help you finance your next […]

VA Home Loan Advantages

The Department of Veteran’s Affairs was first established back in 1930. Implementing and overseeing multiple programs and benefits to those who have served in the Armed Forces. One of the more popular programs is the VA Home Loan Benefit. This financing option provides multiple benefits that other mortgage programs simply cannot provide. For those who […]

5 Things You Should Know About VA Loans (they’re all good)

The Department of Veteran’s Affairs provides benefits for those who qualify for the program and one of the more popular is the VA mortgage loan. VA loans are the ideal option for those wanting to come to the closing table with as little cash as possible. The most obvious benefit is the lack of a […]

VA Eligibility Restoration: How It Works

There’s really no question the VA home loan is the premier option for those who are eligible and want to come to the closing table with as little cash as possible. In fact, the VA home loan doesn’t require a down payment at all. Zero. The only other loan program that doesn’t need any type […]

VA Home Loan Changes for 2020

Perhaps the absolute best home loan option for those who qualify and want to come to the settlement table with as little out-of-pocket cash as possible is the VA home loan. The VA loan doesn’t need a down payment and is one of only two such government-backed programs with this feature. The other option is […]

Getting Your VA Entitlement Back

If you’re one of the fortunate who has access to the VA home loan program, first, thank you for your service. Second, the VA loan program is without a doubt the most competitive home financing option in today’s marketplace for those seeking to purchase a home with as little cash to close as possible. When […]

Eliminating the VA Loan Limit

It didn’t get a whole lot of publicity last week, but there was a major change for VA Home Loans. More specifically, the VA loan limit, or loan cap. Over the years, the VA loan limit has changed and the changes have always been favorable to the veteran. The most recent adjustment eliminates the VA […]

Applying for a Private Loan: How to Qualify

Qualifying for a private loan, sometimes referred to as a “hard money loan” might be easier than you think. Private loans are a critical part of the real estate industry. Without private lenders, many profitable opportunities would fall by the wayside as conventional lenders determine a particular project falls out of their lending guidelines. Private lenders […]

Are There Benefits to an Impound Account?

Impound accounts, also called escrow accounts in some parts of the country, are set-aside accounts used to pay property tax bills and insurance premiums when due. Each month when someone makes a mortgage payment and there is an impound account set up, 1/12th of the annual tax bill and 1/12th of the insurance premium are […]

What is a Guaranteed Loan: USDA, VA and FHA

Have you heard the term “guaranteed loan?” It’s possible, but it’s mortgage industry parlance that describes a specific feature of a mortgage program. There are three such programs and they’re all guaranteed loans to some degree by the government. It’s a government-guaranteed loan and there are three of them. The three are the VA, FHA […]