Tag: Mortgage

Posted on 02/14/2022

Understanding Who Is 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...

Active Duty

Eligibility

+ 8 more

Posted on 11/15/2021

Assistance Programs for Financing Your New Home

Image by Tumisu from Pixabay If you’re in the market for a new home, chances are you’ve been evaluating your finances. As a first-time homebuyer, there are programs in place to help with the down payment. According to the December 2019 Realtor Index Confidence Survey, first-time homebuyers accounted for 31% of all sales, and 77% put down less...

Financing

Mortgage

+ 1 more

Posted on 01/25/2021

Mortgage Penalties: Prepayment

Photo by Steve Buissinne via Pixabay Most are familiar with the key components of a mortgage: how much you're borrowing, what your interest rate is, how many years you'll be paying your mortgage back. There are many, however, who do not understand some of the finer details, including what prepayment penalties are and how they may affect you...

Mortgage

+ 2 more

Posted on 05/25/2020

Quick Guide for Home Financing for Freelancers

Photo by 200 Degrees via Pixabay The gig economy has exploded over the past decade. Today, around 36% of the US workforce is freelancing and many more or self-employed small business owners. While being your own boss does afford you great freedom to set your hours and often work where you want, you may face extra scrutiny when...

Mortgage

Financing

+ 1 more