If you’re a service member or a veteran who wants to build your own home, a VA-backed loan could be the best way to go. With a VA Purchase Loan, which is a benefit of your service, you can get financing to purchase land and to build your own home, all wrapped into one mortgage. … Read more
If you’re looking to build your dream home, an FHA single close construction loan may be the ideal financing option for you. With this type of loan, you can purchase land and finance construction costs all wrapped into one mortgage loan with a single closing. As a first-time homebuyer trying to navigate the complex world … Read more
Getting an FHA loan is one of the most popular options for first-time homebuyers or those with lower credit scores who want to purchase a home with a low down payment. But how do you know how much house you can actually afford with an FHA loan? There are a few key factors to consider. … Read more
Want to unlock the door to your new home? Solarity Credit Union can help you achieve your goal. We empower homebuyers by offering home loans at competitive interest rates. If you think you may not qualify for a traditional home loan, we could have some creative options for you. For instance, USDA loans are available … Read more
Buying a home is an exciting milestone, but it can also feel overwhelming navigating the mortgage process If you’re considering a conventional loan for your purchase, you may be wondering – what are the property inspection requirements? Conventional loans are mortgages not backed by government agencies like FHA or VA loans, so do they have … Read more
Understanding the intricacies of conventional loan appraisal requirements is essential in real estate financing. Appraisal requirements serve as a critical component in the process of securing a conventional loan, influencing the terms, eligibility, and overall success of the loan application. At Rob’s Mortgage Loans, we recognize the significance of providing accurate and reliable information to … Read more
What is the Financial Hardship Department scam? What do you do if you receive a scam email or call? Read more. Gaetano DiNardi is a growth advisor to software companies like Docebo, Cognism, and Workvivo. As the former head of organic growth at Aura, Gaetano helped launch the companys SEO program. He has also written … Read more
Getting approved for a bank statement construction loan can be a great option for contractors, developers, and builders who want to finance new construction projects. Unlike traditional construction loans that require tax returns, bank statement construction loans allow borrowers to qualify using 12 or 24 months of business or personal bank statements. In this comprehensive … Read more
A 40-year mortgage is like a traditional 15- or 30-year mortgage, but it offers an extended repayment term. Having ten more years to pay off a loan can give you lower monthly payments, but in the long term you’ll pay far more interest. 40-year mortgages can be a more affordable way to purchase a home … Read more
If you have ever shopped around for quotes for a loan for a personal or investment property, you have more than likely heard the term “points”. So, what exactly are points? Paying points is a technique of paying interest upfront in order to get a lower interest rate on a fixed-rate home mortgage. Essentially, the … Read more