Tag: Mortgage

Posted on 04/14/2024
3 Major Benefits of VA Loans
The U.S. Department of Veterans Affairs has helped countless veterans finance their home ownership goals. While you have the choice of a conventional loan offered by other mortgage lenders, there are some significant benefits to VA loans. Here are some of the most important advantages to consider: No Down Payment The most famous benefit of VA loans is...
Loan Beneftis
Loans
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Posted on 07/11/2021
Looking to Buy a Home? Let's Start with Your Loan
Photo by Nattanan Kanchanaprat via Pixabay If you’re in the market to purchase a home, it can be a confusing process. Interest rates, types of loans and what may apply to you can all sound like a foreign language. It’s always best to have some background knowledge before going to see a mortgage broker to make sure you’re...
Homebuying
Loan
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Posted on 08/09/2020
Why It's Critical to Shop for Mortgage Rates
Photo by Nattanan Kanchanaprat via Pixabay Of course, you want to stay within your budget when buying a house. You certainly want value for your dollar. But a buyer should never lose sight of the fact what they truly desire is getting the home they want and that fits their needs. To that end, potential buyers may put...
Mortgage
Mortgage Rates
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Posted on 07/26/2020
Jumbo Loans: How Conforming Loan Limit Increase Affects the Jumbo Market
Image by Arek Socha from Pixabay If you bought a house that was over $484,350 prior to 2020, you had to get a jumbo loan, which is a non-conforming loan. The Federal Housing Finance Agency (FHFA) increased the limit on conforming loans to $510,400 in most areas. The FHFA also increased the loan limit to $765,600 in some...
Jumbo Loan
Mortgage
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Posted on 07/07/2019
Saving for a Down Payment – Useful Ideas
When considering becoming a homeowner, one of the decisions you can make that will be beneficial to you is to deposit a down payment. However, the question is how do save up that hefty down payment? One of the biggest roadblocks for prospective home buyers is securing a down payment. Fortunately, though, technology seems to be playing a...
Personal Finance
Mortgage
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