131 search results for renovation loans
Home Improvement Projects That Are Worth the Money Article
Not only will home improvement projects improve your quality of life, but if done correctly, they can actually help to add considerable value to your home. For example, if your kitchen that has appliances and cabinets from the 80’...
Cowboy Caviar Dip Recipe Article
This cowboy caviar dip is the perfect accessory to your next summer cookout.Ingredients:1 red bell pepper, diced1 orange bell pepper, diced1 green bell pepper, diced1 jalapeno, diced3/4 red onion, diced1 can sweet corn, rinsed1 can black beans, rinse...
4 Things to Know about a VA Loans in 2020 Article
4 Things to Know about a VA Loans in 2020 If you’re a Veteran, active duty member or reservist, there are certain changes to the VA Loan rolling out in 2020 that you should know, especially If you’re looking to purchase a new home in the upcoming yea...
VHDA Introduces New Homeownership Program Article
VH / VHDA Introduces New Homeownership ProgramIn an effort to offer down payment assistance to more homebuyers, the VHDA has created a new second mortgage program, known as the VH / VDHA Plus Second Mortgage. The program, which went into ef...
Seller Concessions: What can a seller contribute to their home sale? Article
What is a seller concession? Buyers can request that the seller contribute to some of their out-of-pocket costs when submitting an offer on a home. If agreed upon, this is referred to as a seller concession. Why would a seller make concessions?...
Mortgage update on forbearances and eligibility restrictions Article
Mortgage update on forbearances and eligibility restrictions In response to several weeks’ worth of advocacy efforts with the GSEs and the FHFA to address concerns about financing options for borrowers in forbearance, FHFA announced that some eligibi...
Learn about our Credit Enhancement Program Article
Learn about our Credit Enhancement ProgramFor many with credit issues, the dream of homeownership may seem unobtainable. But with dedication and counseling from our Credit Enhancement Specialists, becoming a homeowner could be a reality. Our cre...
Document Checklist Article
Applying for a mortgage? At minimum, here’s a list of the information and supporting documentation that you’ll want to have at hand:Addresses for previous 2 years’ rental or mortgage history Name, address and phone number of all la...
VA and FHA Cut Costs for Home Buyers Article
Huge news for home buyers! The FHA and VA recently reduced their Mortgage Insurance Premium and Funding Fee, respectively. This will help FHA and VA home buyers save money on their home purchase or refinance.FHA: The Federal Housing Administration ...
DID YOU KNOW - A 20% Down Payment is Not Required to Buy a Home Article
Coming up with enough cash for a down payment is one of the most common struggles among first-time buyers. However, in most cases, you don’t need to put 20% down on a home – especially your first home! So how much do you need to put down?...
How Much Downpayment Do I Need to Buy a Home? Article
How Much Downpayment Do I Need to Buy a Home?Coming up with enough cash for a downpayment is one of the most common struggles among first-time buyers. But did you know that in most cases, you don’t need to put 20% down on a home, especially you...
What’s going on in the mortgage industry? Are rates at Zero? Article
What’s going on in the mortgage industry? Are rates at Zero?As many of you are aware, recently the Federal Reserve cut interest rates to near zero in an emergency effort to support the economy during the COVID-19 pandemic. You might be wondering how ...
Get the Gift of Downpayment this Holiday Season Article
Get the Gift of Downpayment this Holiday SeasonIs a new home on your wish list this holiday season? If you’re planning on purchasing a house soon, you might be worried about coming up with enough money for your downpayment. You might be surpris...
What Makes the VA Loan Such a Valuable Benefit? Article
What Makes the VA Loan Such a Valuable Benefit? The VA Loan is known to be one of the best benefits for current and retired military members and their families. Let’s dive a little deeper into what makes the VA Loan so special. A VA or Veterans...
From Beach Box to Forever Home- The Benefits of Refinancing and Homeownership Article
From Beach Box to Forever Home- The Benefits of Refinancing and HomeownershipFinancial experts have long considered home ownership to be a great financial investment, especially when compared to renting. Whether you’re purchasing a rental prope...
Do’s and Don’ts of the Mortgage Process Article
Do’s and Don’ts of the Mortgage ProcessIs purchasing a home on your to-do list? If you’re like the majority of homebuyers in America, you’ll be taking out a mortgage to purchase your next home.Here’s a list of do’s...
What’s Hot and What’s Not When it Comes to Your Home Financing? Article
What’s Hot and What’s Not When it Comes to Your Home Financing? What’s hot? Getting pre-approved for a mortgage from your local lender.What’s not? Waiting until you’ve put an offer in on a home to get pre-approved. A pre-approval will help you d...
Preparing for Homeownership Article
Buying a home is a huge milestone, and it’s important to prepare before you dive in headfirst. After all, this is likely the largest investment that you will ever make. The more prepared you are, the more confident you’ll feel in your hom...
New Change to Mortgage Fee Structure Article
The Loan Level Price Adjustment (LLPA) fee structure has been updated recently and is now in effect for all loans purchases on or after May 1, 2023. You may have heard about it in the news. What is a Loan Level Price Adjustment? According...
Manage Your Credit Score Health this Holiday Season Article
Manage Your Credit Score Health this Holiday Season‘Tis the season to shop til you drop! With blow out deals and gifts galore, you might be tempted to put it all on the credit card this holiday season.But before you swipe and land yourself on t...