Veterans and service members may have whats considered “poor” or “bad” credit and wonder if they can still use their VA home loan benefit. It’s important to understand the VA doesnt set credit score requirements. In fact, the VA doesnt mandate a minimum credit score at all. The ability to obtain a VA loan with … Read more
Getting approved for a loan can be difficult, especially if you have bad credit or no credit history. Many lenders require a hard credit check, which can negatively impact your credit score. That’s why some people look for “no credit check” loans when they need cash quickly. But are loans without a credit check legit? … Read more
As a Veteran exploring your home financing options, you may have heard about VA assumable loans. These unique loans allow a buyer to take over the mortgage of a current VA homeowner. Assuming a VA loan can be an excellent way for buyers to get into a home with a low interest rate And it … Read more
Buying land and building a custom home can be an exciting and rewarding process But securing financing requires working with mortgage lenders experienced with construction loans. FHA one-time close construction loans allow you to wrap up building costs, land purchase, and the permanent mortgage into a single loan with one closing But not all lenders … Read more
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The Federal Housing Administration (FHA) loan program offers several benefits for borrowers, including a down payment as low as 3.5%. But there are some size restrictions you should be aware of. Here’s an updated look at Oregon FHA loan limits for 2024. 97035 The FHA loan limits for Oregon have just been released for 2024. … Read more
In a Nutshell A share-secured loan lets you borrow money from a lender, typically a credit union, using your own savings as collateral. They can be a good option for people with less-than-stellar credit or no credit history who want to build positive credit. Editorial Note: Intuit Credit Karma receives compensation from third-party advertisers, but … Read more
The USDA home loan program provides an excellent opportunity for low- and moderate-income buyers to purchase a home in rural areas of Colorado with little or no money down. These government-backed mortgages offer 100% financing and flexible credit requirements. If you’re looking to buy a home in a rural area of Colorado but don’t have … Read more
Being a mother is not easy. This is a hard, daily job that does not have days off, vacations, or sick days. Once you become a mother, you remain her forever. But its even harder to be a mother alone. You need to work without the possibility of being unemployed for a couple of months, … Read more
The VA loan process is simple and straightforward and built to make homebuying accessible and affordable for Veterans. Getting a VA loan isnt significantly different from getting any other type of mortgage. For homebuyers, the VA loan has five basic steps: preapproval, house hunting, getting under contract, underwriting and closing. This process typically results in … Read more