Tag: Homebuyer

Posted on 01/01/2025

How do you know if it’s better to buy or rent a home? With so much to consider, this big life decision may seem overwhelming. However, as long as you focus on some key questions, you can make the best choice. Here are the questions to ask yourself if you’re trying to decide between renting and buying: What’s...

Buying

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Posted on 09/25/2024

Assuming a VA Loan: Benefits & Drawbacks to Consider

Assuming a loan allows you to take over the mortgage of another homeowner. Doing so allows you to skip the long, expensive process of applying for a brand new mortgage. While there's still paperwork involved, it can be a very convenient option. Assuming a VA loan has its own set of specific pros and cons for military buyers...

Assuming Loans

Homebuyer

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Posted on 03/20/2024

VA Loans for First-Time Homebuyers: A Basic Guide

If you've served in the U.S. military, a VA loan might be an excellent way to finance your first home. If you're interested in using this benefit, it's important to know the steps involved. Here is a basic guide to buying your first home with a VA loan: Get Your Certificate of Eligibility A certificate of eligibility from...

Buying

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Posted on 08/30/2023

How to Know if You're Eligible for a VA Loan

A loan from the U.S. Department of Veteran Affairs can be an excellent choice for financing a home purchase. While VA benefits are generally reserved for veterans, there are a few exceptions with mortgage programs. Here are some other ways you could be eligible for a VA loan: Active Duty Fortunately, you don't have to have served in...

Active Duty

Eligibility

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Posted on 03/29/2023

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...

Assuming Loans

Homebuyer

+ 9 more

Posted on 11/17/2021

Is a Starter Home the Right Choice for You?

Photo by Scott Webb from Pexels Potential new homebuyers have the choice of buying a starter home or a forever home. The details mean something different to everybody, but a starter home is usually regarded as a short-term living situation if you can’t afford your dream home yet. Some choose to wait until they can afford their forever...

First Time Buyer

Homebuyer

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Posted on 07/07/2021

Mortgage Pre-Approval Guide

Buying your first home can be stressful enough without worrying about whether your mortgage loan pre-approval is going to go through. That’s why it’s such a good idea to know the requirements before you narrow down your home search. Here are the top items your mortgage broker or lender will need in order to pre-approve you for a...

First Time

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