Bella Mertz 
Filing for bankruptcy is never an easy decision. It can provide much-needed financial relief, but also comes with consequences like damaged credit. Many wonder if VA loans are still a possibility after bankruptcy. The good news is that they can be! While qualifying is more challenging, VA loans offer more flexibility than conventional mortgages In … Read more
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The death of a loved one is always difficult. For spouses and family members of deceased veterans with VA home loans, the grief of loss is compounded by uncertainty around the mortgage and home. What happens to a VA loan when a veteran passes away? Can you take over the payments? Do you have to … Read more
Purchasing a foreclosed property can be an attractive option for many homebuyers, especially with the potential cost savings. For veterans and military members, using a VA home loan to finance the purchase of a foreclosure can make the deal even sweeter. However, there are some unique rules and requirements to be aware of when seeking … Read more
Applying for a VA home loan is just the tip of the iceberg when it comes to buying a house. You also have to wait for the underwriting process to finish before you can close on the property and start moving in. With conventional mortgages, it can take up to 45 days to close on … Read more
Studies show that almost 35% of service members can’t pay their bills on time. About 27% of them have more than $10,000 in credit card debt. With inflation and the economic fallout of COVID-19, staying out of debt has become an everyday war for military families. There is a proven battle plan, however. Debt consolidation … Read more
Conforming and FHA loan limits are increasing for 2021. The higher mortgage limits will allow home buyers to qualify for more when needed. Below we will break down the latest 2021 loan limits. Please contact Coast2Coast Lending 7 days a week with questions by calling the number above or just submit the Quick Request Form … Read more
A loan commitment letter is a crucial legal document that sets the stage for obtaining financing, especially for major purchases like a home While these letters do not constitute final approval, they represent significant milestones in the lending process In this comprehensive guide, we’ll explore what loan commitment letters are, why they matter, and how … Read more
The Short Answer is “Yes,” you can get a mortgage while in Bankruptcy. During any bankruptcy, there are a number of hurdles you may encounter when requesting new credit such as a mortgage. There are however ways to navigate these hurdles successfully. Here at Peoples Bank Mortgage, we specialize in assisting individuals who are struggling … Read more
An earnest money deposit is a deposit of good faith on a home loan from a buyer to a seller. Including an earnest money deposit with your offer is a part of the VA home loan process and serves to protect VA buyers and sellers in a real estate transaction. Learn how earnest money might … Read more