There are a number of VA loan service requirements. They determine how much borrowers pay to use the VA mortgage program. VA-qualified borrowers can obtain mortgage financing with very advantageous terms. So how do the advantages (and eligibility requirements) of a VA loan stack up against USDA and FHA loans? Let’s find out.
Refinance applicants can reduce their costs by avoiding mistakes during the application process. This is the best way to refinance.
Manufactured home loans are a bit tougher to find in today’s market. But they do exist, and financing terms might be simpler than you imagine.
The Department of Veterans Affairs (VA) has a unique way of looking at income. Instead of the total number, it’s most interested in “residual income,” the cash you have left over after all major expenses.
New research shows making the down payment is the greatest financial barrier to homeownership. But the good news is you may not have to put down as much as you think. The trick is choosing the right loan or assistance program. Find out what you can afford and qualify for. And consider creative strategies to help save for the down payment.
Can or should you use a cash-out refinance to buy another home? Maybe, if that’s the most cost-effective source of a down payment or even the whole purchase price.
FHA is one of the most popular home buying programs in existence. What does it take to qualify? Do you make too much to be eligible for FHA?
FHA credit score eligibility depends on just a few special numbers. That, at least, is the quick take. But if you look deeper you can see that the relationship between FHA mortgages and credit scores is more complicated.
If you’re looking for a tiny house finance you’ll need to be creative and resourceful, but that doesn’t mean you can’t come up with the dollars you need. Here’s where to look.