Friday saw a slight rise in mortgage rates but it appears to be only a blip in this year’s trending rate declines. The conventional 30-year fixed closed Friday at an average of 4.25%, with FHA backed financing and the VA mortgage both stalled around 4%. Early in January, it was anticipated that rates for home… Read More
By John Voket Most active-duty service members and veterans and some National Guard members and reservists can seek out home-related loans through the U.S. Department of Veterans Affairs (VA). VA home loan programs may be used to finance the purchase of homes, condominiums or manufactured homes, refinance an existing home loan, or install energy-saving improvements…. Read More
Through my involvement with VAREP, Veterans Association of Real Estate Professionals, I’ve learned a lot about the VA Loan recently. For instance, were you aware that there is a VA Rehab loan option for property that needs a little TLC? Take a quick peek at the video below and call me if you need information… Read More
I’ve noticed a slight loosening in Mortgage regulations lately. Several lenders I have worked with or am acquainted with, have been telling me about programs with lower credit score requirements and even smaller down payment options. This video explains a bit of what’s been going on. Additional Resources for Home Buyers A Heads Up… Read More
From the US Department of Veterans Affairs, a fantastic article on VA Home Loans. The VA Home Loan is the most powerful home buying tool on the market. It—and the GI Bill—literally reshaped post-War America, and it’s a big reason why the historic VA Loan Guaranty Program has surged since the housing crash. Despite generations… Read More
The information below is basic but critical and presented in a straight forward way. All VA loans must start here. ~Bill Posted on Friday, May 9th, 2014 Written by Jimmy Vercellino The VA Home Loan requires 2 forms. The DD-214 and the VA Certificate of eligibility. Simple enough right? Wrong. These 2 forms have caused… Read More
As a follow-up to yesterday’s blog, Ed Knowles, Mortgage Consultant with Wallick & Volk Mortgage sent us these details. Great information, Thanks Ed! ———————————————————————- As you are aware Federal agencies have shut down large portions of the government effective today October 1, 2013. The information outlined below addresses the impact on the mortgage industry: HUD… Read More
