164 search results for renovation loans
All About VA Loans Article
In 1944, the United States government created the VA home loan. The main objective, which remains today, was to assist returning service members with purchasing a home without the limitations of a down payment.What is a VA loan? VA loans are backed b...
Perks of an FHA Loan Article
What is an FHA loan? The FHA Loan is a type of government-backed loan with looser qualifications that was intended to help first-time buyers qualify for a mortgage. The FHA, a division of the Department of Housing and Urban Development, is responsibl...
Don’t Let Student Loan Debt Hold you Back from your Homebuying Dreams Article
If you recently graduated from college, chances are you have some student debt. But that doesn’t mean you have to let your debt get in the way of #lifegoals, like buying a house. You might feel like your student loan debt is taking over your li...
Seller Concessions: What can a seller contribute to their home sale? Article
What is a seller concession? Buyers can request that the seller contribute to some of their out-of-pocket costs when submitting an offer on a home. If agreed upon, this is referred to as a seller concession. Why would a seller make concessions?...
VA and FHA Cut Costs for Home Buyers Article
Huge news for home buyers! The FHA and VA recently reduced their Mortgage Insurance Premium and Funding Fee, respectively. This will help FHA and VA home buyers save money on their home purchase or refinance.FHA: The Federal Housing Administration (F...
DID YOU KNOW - A 20% Down Payment is Not Required to Buy a Home Article
Coming up with enough cash for a down payment is one of the most common struggles among first-time buyers. However, in most cases, you don’t need to put 20% down on a home – especially your first home! So how much do you need to put down?...
4 Things to Know about a VA Loans in 2020 Article
4 Things to Know about a VA Loans in 2020 If you’re a Veteran, active duty member or reservist, there are certain changes to the VA Loan rolling out in 2020 that you should know, especially If you’re looking to purchase a new home in the upcoming yea...
Mortgage 101: Key Questions to Ask Your Loan Officer Article
Embarking on the journey to homeownership can be overwhelming, especially when it comes to understanding mortgages. To help you make confident, well-informed decisions, we've compiled mortgage 101: key questions to ask your loan officer. Gr...
Top Questions You Need Answered Before Buying a Home Article
Buying a home is a huge milestone, and it is important to educate yourself about the process of buying a home before you dive in headfirst. After all, this is likely the largest investment that you will ever make, not to mention the place you will co...
What Makes the VA Loan Such a Valuable Benefit? Article
The VA Loan is known to be one of the best benefits for current and retired military members and their families. Let’s dive a little deeper into what makes the VA Loan so special. A VA or Veterans Affairs Loan is a home loan designed to help fi...
Get the Gift of Downpayment this Holiday Season Article
Get the Gift of Downpayment this Holiday SeasonIs a new home on your wish list this holiday season? If you’re planning on purchasing a house soon, you might be worried about coming up with enough money for your downpayment. You might be surpris...
Preparing for Homeownership Article
Buying a home is a huge milestone, and it’s important to prepare before you dive in headfirst. After all, this is likely the largest investment that you will ever make. The more prepared you are, the more confident you’ll feel in your hom...
New Change to Mortgage Fee Structure Article
The Loan Level Price Adjustment (LLPA) fee structure has been updated recently and is now in effect for all loans purchases on or after May 1, 2023. You may have heard about it in the news. What is a Loan Level Price Adjustment? According...
Eco-Friendly Home Improvements that Add Value to Your Home Article
If you're looking to update and add value to your home while also reducing your carbon footprint, implementing environmentally friendly practices is the way to go. By making eco-friendly home improvements, you not only contribute to a sustainable...
Top Quality in Secondary Article
Top Quality in SecondarySince our founding, we have built a culture to cultivate growth from within each of our employees. We take pride in inspiring this growth among one another and inspiring employees to succeed.With a wide array of loan programs,...
How Much Downpayment Do I Need to Buy a Home? Article
How Much Downpayment Do I Need to Buy a Home?Coming up with enough cash for a downpayment is one of the most common struggles among first-time buyers. But did you know that in most cases, you don’t need to put 20% down on a home, especially you...
Conventional vs. FHA: Which mortgage is right for you? Article
Conventional vs. FHA: Which mortgage is right for you?If you’re a first-time homebuyer, all the mortgage lingo and terminology can be difficult to decipher. Even if you’re not a first-time buyer, it can still seem like your lender is speaking to you ...
What’s going on in the mortgage industry? Are rates at Zero? Article
What’s going on in the mortgage industry? Are rates at Zero?As many of you are aware, recently the Federal Reserve cut interest rates to near zero in an emergency effort to support the economy during the COVID-19 pandemic. You might be wondering how ...
Common VA Loan Myths Debunked Article
Common VA Loan Myths Debunked The VA Home Loan helps military families achieve the dream of homeownership and is considered one of the strongest VA benefits available. Unfortunately, there are a lot of rumors or misconceptions that may be stopping mi...
Need to Establish Good Credit? Here’s How Article
Need to Establish Good Credit? Here’s HowIt’s March, which means it’s credit education month! While most of us know what a credit score is, a lot of consumers do not fully understand what factors impact your credit score. Credit sco...