Are you considering purchasing your dream home with your first VA loan? If so, you may be wondering how long it takes to close on a house with a VA loan. With most lenders, you can expect your VA loan to close anywhere between 40 and 50 days. However, when you work with an experienced … Read more
Recent research suggests that the average American adult has around 4 credit cards. Considering the tough economic times we’ve all been facing lately, it makes sense that a lot of Americans are now struggling to pay off credit card debt they owe on those very same cards. The good news is that you have options … Read more
Getting preapproved for a VA loan is one of the most important steps for servicemembers and veterans looking to buy a home using their VA home loan benefit. Preapproval provides proof of your eligibility and purchasing power when making an offer on a property. This guide will walk you through everything you need to know … Read more
When you’re looking to pay off high-interest credit card debt, doing a balance transfer to a 0% APR credit card or taking out a personal loan are two powerful strategies. Deciding which option is best for you will depend on how much debt you’re carrying, how long you need to pay it off and how … Read more
Home equity can be confusing, so here are three simple ways to define this important part of homeownership. For the majority of homeowners, its usually not possible to purchase a home without borrowing a large chunk of the money. To take out a mortgage, you choose a lender and they loan you the money to … Read more
Auto loan consolidation involves taking out a new loan and using it to pay off two or more car loans. You can also consolidate auto loans with other types of loans. Instead of juggling multiple payments, consolidation means you’ll only need to make one monthly payment. In some situations, you may even be able to … Read more
California is known for its beautiful beaches, amazing weather, and extremely high housing costs. For veterans looking to buy a home in California, VA mortgage loans can help make homeownership more affordable. VA loans offer key benefits like no down payment, no private mortgage insurance (PMI), and competitive interest rates. This makes them one of … Read more
Getting a mortgage should start before you even begin looking at property to buy. But what if you end up not wanting to stay with the lender you originally chose, can you switch mortgage lenders before closing? First, homebuyers should get a preapproval letter from a lender, which involves submitting a mortgage preapproval letter along … Read more
Applying for a home equity loan is similar to applying for many types of loans. You’ll need to provide the documents requested by your lender, and then your lender will determine whether you meet its criteria. Learn more about how you can apply for a home equity loan and how to find the right home … Read more
Finding the right lender for a bank statement loan can be a challenge, especially if you’re self-employed or have non-traditional income sources. As a business owner myself I know the difficulties of providing the typical pay stubs and tax returns that most mortgage lenders require. That’s why I put together this list of the 7 … Read more