USDA / VA / FHA Appraisal Requirements
In order for a loan to be financed, certain USDA, VA or FHA appraisal requirements must be met. The following will need to be repaired…
FAQs
VA Home Loan FAQs
The VA home loan program is one of the best and most popular benefits the U.S. Department of Veterans Affairs provides to active-duty service members,…
The What, Why & How of Mortgage Escrow Accounts
Many homeowners who plan for a mortgage payment within their budget are unpleasantly surprised to discover their lender requires an additional amount, paid monthly, called…
What Are Closing Costs? Is There a Way to Estimate Them?
Closing costs are various fees that are paid at the closing of your mortgage. Depending on the state you live in, the closing is where…
What is a Mortgage Broker & How Does it Differ from a Bank? [VIDEO]
A home will likely be the largest purchase you make in your life. When it comes to financing that purchase, you have lots of options…
Mortgage Interest Rates: What You Need to Know When Buying a Home
Mortgage interest rates are one of those things that people care a lot about when they are shopping for a home, but often misunderstand. At…
Home Mortgage Loans & Your Credit Score: What You Need to Know
Despite their importance and influence when it comes to obtaining a mortgage and financing a home purchase, most home buyers have a limited understanding of…
When Can I Stop Paying Mortgage Insurance (PMI)?
For many home buyers, private mortgage insurance is one of the expenses involved with purchasing a home. Most home buyers believe that Private Mortgage Insurance…
How Do I Apply for a Mortgage?
Whether you are a first time home buyer, looking to refinance, or you haven’t owned a home in quite a long time, you may not…