How to Make Buying and Selling at the Same Time Work
Shopping for a new home? Already own a home that you want to sell? You might be wondering where to start. It feels like you have to time things perfectly, or you’ll either find yourself in a situation where you’re carrying two mortgages, or you’ll have nowhere to live. The truth is, it’s difficult to […]
Your Mortgage Pre-Approval and Pre-Qualification Timeline
If you’ve decided the time is right to buy a house or condo, you might be tempted to start searching for your dream home right away. It’s fun to click through sites filled with MLS listings looking through countless photo galleries and virtual tours of beautifully staged dwellings. However, before you fall in love, you […]
Unique Challenges Faced By Millennials Buying Homes
Millennials are the “it” demographic these days. Everyone is talking about them, now that they’re entering their 30’s and they’ve overtaken the Baby Boomers in numbers. Though the term “millennial” was coined nearly a quarter century ago to define the generation born after Gen X, it wasn’t used much until pretty recently. Now, the word […]
The Basics of the USDA Home Loan
Potential homeowners who want to realize the dream of owning a home, but think it is out of their reach because they don’t have the down payment saved up or a high income, may still qualify for a mortgage. The U.S. Department of Agriculture’s Rural Development program provides opportunities for homeownership by guaranteeing no-down payment mortgages […]
Discounted Home Loans Available to Veterans Displaced by Memorial Day Flooding
Central Texas often faces extended periods of drought; however, when it does rain, it floods. Just a couple months ago, over the 2015 Memorial Day weekend, central Texas faced some of the worst flooding in Texas history, which resulted in the deaths of over a dozen people and caused thousands to flee their homes (texasmonthly.com). […]
Pay Yourself: Buying a Home Is Now Cheaper than Renting
When you purchase a home, you stop paying your landlord and start paying yourself – everyone’s heard that. Maybe you’ve had this old adage knocking around in your head for a while now, you’ve been saving for a down payment, and you’re considering making the leap into home ownership. In that case, you may be interested to […]
Rates Slip to Six Week Low
Rates for 30-year fixed mortgages have fallen to their lowest level in six weeks. The average rate for 30-year fixed-rate mortgages was 4.875% this week, down from last week when it averaged 5.06 percent. A year ago, 30-year fixed rate mortgages averaged 4.84 percent,and many mortgage analysts expected rates to trickle up this Summer, but […]
Take Advantage of Low Interest Rates with VA Streamline Loans
So what is this VA Streamline Loan everyone’s talking about? And have you heard of the VA’s Interest Rate Reduction Refinancing Loan (IRRRL)? Interestingly, they are one in the same! This is a loan that refinances an existing VA Loan into a new VA Loan with a lower interest rate, or for some, from an adjustable rate mortgage (ARM) into a fixed rate mortgage.
VA Home Loan Refinance Options – Take Your Pick
VA home loans are the best mortgage deal on the market today! If you qualify, or even think you might qualify, it’s important you find out how the Texas VA home loans can benefit you and your family.
On the Rise – Texas VA Home Loans
Have you been affiliated with the military and are you looking to buy a home or refinance in Texas? The VA Home Loan Program is receiving $6 billion in funding this year so this is an excellent time for you to consider a VA home loan. VA home loans are ideal for young families and first time home buyers since the borrower can finance 100% of the home’s value and purchase with $0 down. Is there any other loan program available that can offer these benefits? The answer is no.
