If you qualify for a VA mortgage, you can receive 100% financing for your home up to $453,100 in most areas. But how do you qualify for the loan?Compare Offers from Several Mortgage Lenders.The VA mortgage program is for veterans of the military. The VA provides 100% financing to help the veterans of our country secure a safe and sanitary home to live. The VA helps lenders provide these … [Read more...]
What Can an AER Loan be Used For?
If you are a military family and you have a financial emergency, you may be eligible for an AER loan, or Army Emergency Relief Loan. The AER helps you avoid costly loans, such as payday loans as many people turn to those when they are in a pinch. The AER loan helps you stay afloat and avoid unnecessary interest and fees.Looking for Current Mortgage Interest Rates? Click Here.Most veterans … [Read more...]
Should you Choose a VA Home Loan Instead Of a Conventional Mortgage?
As a veteran, you have the opportunity to apply for a VA loan. If you have good credit and enough money to put down on the home, though, you may also be eligible or a conventional mortgage. How do you know which one is right for you?Get Matched with a Lender, Click Here. You Don’t Need a Down Payment Even if you have the money saved, you don’t have to put it down on a home. Instead, you can … [Read more...]
Is the Patriot Express Loan Still Available?
The Patriot Express Loan made it easy for veterans of the military to start their own business. Since the number one obstacle in starting a business is capital, the SBA stepped in to help veterans that served our country. While there wasn’t a guarantee of approval, the requirements were relaxed enough (and speedy) to help veterans start their own business.Looking for Current Mortgage Interest … [Read more...]
Can You Use a VA Loan for a Multi-Family Home?
The VA home loan helps veterans purchase a primary residence home; in other words, a home for you to live in, rather than purchase as an investment. This doesn’t mean that you can’t get around the rules, though. Many veterans buy a single-family home and follow the VA rules to a ‘T.’ Others buy a multi-family home, which contrary to popular belief, also meets the VA guidelines.Looking for … [Read more...]
