Is an FHA Loan or a VA Loan Best for You?

There are many different home loan programs available that individuals can obtain depending on their circumstances. Whether you are a student or in retirement, getting your first or sixth home mortgage – this will always be an interesting topic of conversation. With so many options to wade through, we wanted to focus on two different government loan programs: FHA and VA. Though they are backed or insured by the federal government, that doesn’t mean they are the same.

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Do you know your mortgage type?

If the plural of tooth is teeth, why isn’t the plural of booth, beeth? One goose, two geese. So one moose, two meese? Doesn’t it seem crazy that you can make amends but not one amend? If you have a bunch of odds and ends and get rid of all but one of them, what do you call it? Likewise, figuring out which mortgage program you qualify for can be just as twisted. Let me shed some light on many of the common terms you may hear as you embark on the mortgage process.

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5 Homeownership Facts Every Generation Z Members Should Know

As part of the youngest credit-eligible generation, you may find yourself overwhelmed with information if you plan to take out a mortgage. You probably have been scouring the internet for a while, have consulted your friends or family members about homeownership, but you end up even more confused. If you’re one of the Gen Z members who are motivated to fulfill their homeownership dreams, here are some of the hard facts about homeownership that you should know:

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7 Professionals You’ll Likely Encounter as a First-time Homebuyer

Buying your first home could be both exciting and stressful at the same time. Like everyone else, you want to make sure that you’re getting the best deal out of your hard-earned funds that you saved for several years. As you ask relatives and scour the internet for information, you’ll probably get the idea that applying for a mortgage could be a challenge. Before you begin your homebuying journey, it’s important that you know the important people involved and understand their roles as you search for your dream home.

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Loan Fees First-Time Veteran Homebuyers Should Know

Eligible veterans planning to buy a home next year may take advantage of an expanded Veterans Affairs program that may allow them to fulfill their ultimate dream home. This could be a great chance for deserving veterans and their spouses to secure a comfortable lifestyle after serving the country. However, what they may not realize are the fees associated if they wish to avail of the VA Home Loan Guaranty benefit.

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