Tag: Loans

Posted on 01/16/2022
3 Major Benefits of Assuming a VA Loan
Assuming a VA loan can be a convenient and cost-effective way for veterans to finance a new home. By assuming a loan, the buyer can take over an existing mortgage when buying a home. Loan assumption can have numerous advantages for the buyer and seller, and is considered an often overlooked VA benefit. Here are some major reasons...
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Posted on 08/08/2021
Here's Why You Should Consider a Bigger Down Payment When Buying a Home
Many financial experts suggest paying a 20% down payment when buying a home. While for some prospective homebuyers this may be a simple task, others might wonder if the suggested 20% of the home purchase price—or higher—are necessary. Here are some reasons it benefits you to make a larger down payment when buying a house: Score Better Mortgage...
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Posted on 07/19/2020
Am I Eligible for a USDA Loan?
Image by Free-Photos from Pixabay If you're looking for loans with excellent interest rates, you may have heard the term USDA bandied about. This special type of loan is attractive on paper, but the reality is a little more complicated than what meets the eye. Learn more about what a USDA loan is meant to do, how to...
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Posted on 06/30/2019
What Lenders Look for When Approving Your Loan
If you are looking to get a new loan, especially for a mortgage, a bank or your lending institution will review and approve or decline your application based on the information you provide. That said, there is certain information that prospective lenders consider carefully when they examine your application for a home loan. This article is all about...
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