loans
13 posts
VA home loans are one of the best benefits available to veterans. The program allows honorably discharged veterans to buy a house without a down payment. But now the program is about to get even better. A new law expanding VA disability benefits to more veterans who were exposed to
Most families will go above and beyond the call of duty to help each other out. But have you ever heard of a relative selling a home to another relative with no down payment? It happens; it happens all the time. The down payment comes in the form of a
This spreadsheet breaks down the cost of waiting for the perfect interest rate, with 20% down on a $350,000 property. Essentially, when all the variables are added up, waiting one year will cost you $25,321, while waiting two years will cost you $52,111. So what are you waiting for? If
Conventional loans make for the bulk of the loan origination pipeline, yet two stalwarts that are not considered conventional still provide a stellar product for those who qualify—VA and FHA mortgages. In Austin and surrounding areas, the FHA loan limit is $389,850, and the maximum VA mortgage is the same
Have you been on the fence about buying a home? Are you still running the numbers in your head to discover exactly when the right time will be? Here are a few things to consider if you’re just not ready to start shopping. Interest rates are holding steady, but all
If your mortgage loan was declined, it’s not the end of the world. It’s just a temporary setback. There are many reasons why the lender says no to a buyer, but the most common reason is the Debt-to-Income Ratio is too high. If you owe too much of your monthly
How to Get Prepared for a Mortgage Application The first thing need to do is come up with a plan of action. You can’t just jump into this without thinking it through first. Obviously, you need to pre-prepare for the process and that’s what this article will be about. However,
For some reason, mortgage insurance has taken a bum rap from some. It’s a nuisance, an unnecessary expense that borrowers pay, but the lender benefits. Or so they say.
Are you thinking of buying your first home? You’re not alone, home sales in the Austin area have climbed year after year and 2018 looks like another good year for real estate. Owning a home is not an easy decision to make. After all, when you rent from someone else,
Thinking about buying a house? No doubt, it can be an intimidating process for first-time homebuyers – but it doesn’t have to be.
In the market for a new home? With mortgage rates rising, you may want to consider a mortgage rate lock. What is a mortgage rate lock? A rate lock freezes an interest rate on a mortgage for a period of time. The lender guarantees (with a few exceptions) that the mortgage rate