Term: VA Loan
4 found

A New Challenge for Veterans Who Want to Buy a Home

By Steven Shaw on 11/12/2014

A New Challenge for Veterans Who Want to Buy a Home

After years in the shadows, the historic VA loan program is getting some time in the sun, but it may be short-lived.

VA loan volume has surged since the housing crisis. Veterans and military buyers have flocked to the program’s more flexible and forgiving requirements in a time of tight credit. But that momentum may be fleeting for veterans in some of the nation’s more expensive housing markets.

Department of Veterans Affairs
VA Loan
VA’s loan limits

Do You Really Need to Buy a House?

By Steven Shaw on 8/21/2014

How Much of a Down Payment Do You Really Need to Buy a House?

Looking to get your foot in the door (of your new home)? If you’re a renter who’s tired of paying someone else’s mortgage, now may be the time to pursue the American dream of homeownership. In fact, the days of needing a 20% down payment are long gone. While you can always elect to put down the full 20% or more, there are now many alternatives available. Here’s what you want to know if buying a house is in your future.

Conventional Mortgage
FHA Loan
Jumbos loans
Mortgage Down Payment
USDA loan
VA Loan

A New Challenge for First-Time Homebuyers?

By Steven Shaw on 7/24/2014

A New Challenge for First-Time Homebuyers? 

The nation’s second-largest mortgage lender recently raised eyebrows after suggesting it might stop making FHA loans.

FHA loans
First-Time Homebuyers
VA Loan

5 Kinds of Mortgages: What’s Right for You?

By Steven Shaw on 7/21/2014

5 Kinds of Mortgages: What's Right for You? 

Home buying can be a whirlwind and, unless you are a lottery winner or heir to a fortune, likely includes taking out a mortgage. Choosing the right mortgage loan for your budget includes assessing your income, lifestyle, credit history and qualifications. But it’s not just a matter of finding an affordable option – it’s also finding the best fit. Here is a list of common borrowing options so you can be an educated homebuyer.

Adjustable-Rate Mortgage
FHA Loan
Fixed-Rate Mortgage
Interest-Only Mortgage
VA Loan