Next to a home, your car may probably be one of the most expensive purchases youll make in your lifetime. And if youre like most people, youll change vehicles a few times in your lifetime. But lets face it, most of us dont have the money to pay for a car or truck outright, which … Read more
Tragedy and hardship can strike any family. And when they do, high, unplanned, out-of-pocket expenses can lead a family down a destabilizing and difficult financial path, forcing them to seek high-interest loans, default on their debts, or even file for personal bankruptcy. FEEA offers eligible federal employees confidential, no-interest loans to help them bridge their … Read more
Homeownership is one of the largest investments a person will make and, for some people, crossing that milestone is a great feeling. As awesome as homeownership is, it’s also a big responsibility. More than in the recent past, Americans are experiencing the weight of that responsibility in their mortgage payments. That’s because home prices in … Read more
Reviewed Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors opinions or evaluations. Homebuyers are not limited to using a conventional loan. U.S. active-duty military service members, reservists or National Guardsmen, veterans and eligible surviving spouses can take advantage of the Veterans Affairs (VA) loan program. … Read more
A VA loan limit is a cap on how much a homebuyer can borrow without needing a down payment. However, thanks to the Blue Water Navy Vietnam Veterans Act of 2019, VA loan limits do not apply to eligible VA borrowers with full VA loan entitlement. VA loan limits only apply to those with partial … Read more
Whether youre a first-time homebuyer, moving to a new home, or want to refinance your existing conventional or FHA mortgage, the FHA loan program will let you purchase a home with a low down payment and flexible guidelines.580 Credit Score- and only -3.5% Down RELATED ARTICLES FHA loan limits were established to define how much … Read more
Signature loans are one of the most popular types of loans in Texas today, and for good reason. In this article, were going to have a look at what exactly signature loans are, what the requirements are, how the monthly payment system works and how exactly you can apply for one in Texas. Looking for … Read more
The ability to assume an existing VA loan and take over the mortgage from the current homeowner is one of the most overlooked benefits of VA loans With mortgage rates on the rise, VA loan assumptions are becoming more appealing as they allow buyers to inherit the low interest rate from the seller’s existing loan … Read more
Notary Signing Agents (NSAs) facilitate loan closings for the mortgage finance industry. Before starting the NSA certification process, you must be commissioned as a Notary Public. Please be aware that opportunities to conduct loan signings may be limited or restricted in 18 states. Notary loan signing agents play a crucial role in the mortgage and … Read more
FHA and VA loans are both popular choices for homebuyers, but which one is right for you? It all comes down to your unique financial circumstances. Each mortgage type has benefits and features unique to the program. FHA loans, insured by the Federal Housing Administration, are accessible to the general public. In contrast, VA loans … Read more