Tag: Loans

Posted on 10/27/2024
The Best First-Time Homebuyer Options for Veteran Loan Programs
The U.S. Department of Veteran Affairs offers financing options for first-time homebuyers who've served in the military. Knowing the different kinds of VA loans available will help you determine the best option for your home buying plans. It can also help you prepare for the application process and find your eligibility. Here are the basic types of VA...
First Time Homebuyer
Homebuyer
+ 4 more
Read More
Posted on 05/28/2023
Loan Options for Financing a Home Flip
Financing a new home purchase is a common subject among potential homebuyers and lenders. However, if you want to flip a home by enhancing an existing property and selling it for a profit, you may also require funding. Luckily, there are financing options for flipping homes if you know where to look. Here are some basic tips for...
Funding
Funding
+ 13 more
Read More
Posted on 04/17/2022
First-Time Homebuyer Guide for Veterans: All About VA Loans
If you've served in the U.S. military, a VA loan might be an excellent way to finance your first home. If you're interested in using this benefit, it's important to know the steps involved. Here is a basic guide to buying your first home with a VA loan: Get Your Certificate of Eligibility A certificate of eligibility from...
Buying
Buying
+ 7 more
Read More
Posted on 01/30/2022
Financial Tips Every New Homeowner Should Know
Photo by William Fortunato from Pexels Buying a home is a big decision made up of dozens of smaller decisions. With so many moving parts in the process it's difficult to know you’re making the best choices. Some of the most important choices in buying a home have to do with finances. Here we will go over some...
First Time Buyer
Credit Score
+ 5 more
Read More
Posted on 03/21/2021
Common Types of Mortgages and Their Benefits
Image by mohamed Hassan from Pixabay Most homebuyers take out a mortgage when they purchase a house, and there are several different types of mortgages to choose from. Here are some of the more common mortgage options and the benefits of each one. Conventional 30-Year Fixed Mortgages Perhaps the standard starting point for a mortgage is the conventional...
Mortgage
Home Loan
+ 1 more
Read More
Posted on 03/15/2020
How Do I Know If I'm Eligible for a USDA Loan?
Image by Free-Photos from Pixabay If you're looking for loans with excellent interest rates, you may have heard the term USDA bandied about. This special type of loan is attractive on paper, but the reality is a little more complicated than what meets the eye. Learn more about what a USDA loan is meant to do, how to...
Mortgage Qualifications
Buyer Tips
+ 2 more
Read More
Posted on 03/01/2020
Should you Choose a Land Contract or a Mortgage?
Image by mohamed Hassan from Pixabay A land contract and a mortgage have a number of similarities. For example, you can use either option to purchase a home Both loans must be repaid on a monthly basis. Understanding the Differences A land contract is a legal agreement between a buyer and a seller. Rather than a traditional mortgage...
Mortgage
Loans
+ 1 more
Read More
Posted on 04/21/2019
Facts You Need to Know About a Reverse Mortgage
Many times, advertisements create a false impression about reverse mortgages. Marketing depicts them as a simple, cheap way by which older homeowners can finance their retirement. It is critical to understand how reverse mortgages work because failure to do so might harm your financial future. Studies show that many homeowners do not have a proper understanding of reverse...
Loans
Financing
+ 1 more
Read More