Tag: Mortgage

Posted on 11/06/2022
Important Details to Know About Veteran Mortgage Relief
The U.S. government has multiple options available for military veterans who may be facing foreclosure. Through the Department of Veterans Affairs, borrowers can get financial relief through means such as forbearance, deferment, refinancing and more. However, there are some crucial details to be aware of. Here are some of the most important things to know about current veteran...
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Posted on 04/03/2022
How to Know if You're Eligible for a VA Loan
A loan from the U.S. Department of Veteran Affairs can be an excellent choice for financing a home purchase. While VA benefits are generally reserved for veterans, there are a few exceptions with mortgage programs. Here are some other ways you could be eligible for a VA loan: Active Duty Fortunately, you don't have to have served in...
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Posted on 01/10/2021
FHA, VA and USDA Loans and How They Differ from Conventional Mortgages
Photo by Alexander Stein via PixabayWhen it comes to a mortgage, most of us think of the same standard product; the 15 or 30 year conventional mortgage offered by banks and lenders. This is not the only mortgage option you have, though. Depending on your personal history and circumstances you may qualify for an attractive mortgage with lower...
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Posted on 08/23/2020
How Your Credit Score Affects Your Monthly Payment
Image by Tierra Mallorca from Unsplash One of the most important things to check once you decide to start the home-buying process is your credit score. The three major credit bureaus keep track of how you pay for your credit and how much credit you have. Your score fluctuates, sometimes daily, depending on how much you owe and...
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Posted on 09/22/2019
Mortgage Pre-Qualification Versus Pre-Approval
Securing mortgage pre-qualification and pre-approval are two crucial steps which assure lenders that you will be able to afford payments. Pre-qualification and pre-approval are quite different, but they do share numerous benefits. As you get ready to finance a new home, you have probably come across mortgage pre-approval, mortgage pre-qualification, or even both of them. So what does...
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