Today’s low mortgage rates are certainly an opportunity worth grabbing. You’ve been putting down payments on that home for five years. It could be tempting to see if refinancing can help ease the burden of paying that loan. If you have an existing FHA home loan, refinancing could be a great option if any of these three scenarios are applicable to you. 1. Planning to stay in the home for at least seven years Mortgage experts say that people stay in their homes for seven years, on average. … [Read more...]
VA Streamline Refinance: An Amazing Benefit for Veterans
Veterans who have served our country and who are continuing to serve deserve more than just recognition. One benefit the VA offers to veterans is a VA home loan. This loan helps veterans get into a mortgage with low rates, and easily qualifications. VA Home Loan Benefits One of the best options for refinancing a home loan is the FHA streamline loan refinance. But did you know that the Veteran's Administration also offers a streamline home refinance? This particular loan allows veterans who … [Read more...]
What VA Home Loans Are Good For
A VA Home Loan is a home loan program designed specifically for qualified veterans and is guaranteed by the veteran administration, also known as the VA. The guaranty which the VA provides is designed to protect the lender from any possible loss in the event the veteran borrower were to default on the loan. As a result of this guaranty, lenders can offer the VA home loan to veterans without the veteran needing to put any money down. To Get Matched With a Lender, Click Here» VA Loans VS … [Read more...]
Top Reasons To Do VA Home Loans
When it comes to applying for a mortgage loan, there are many different types of programs. With the many different home mortgage loan programs available, it is important to choose the best program for your particular home mortgage needs. One of the home mortgage programs you can choose from is a VA Home Loan. This type of program is designed for veterans to purchase a primary residence or refinance an existing mortgage loan. Below are the many benefits to the VA mortgage loans. No Down … [Read more...]