Congratulations! You are using your VA loan benefit to buy a home. Once you are under contract on a home, the lender will tell you that there needs to be a VA appraisal ordered. People usually have many questions about appraisals. The following... (Read More)

Congratulations! You are using your VA loan benefit to buy a home. Once you are under contract on a home, the lender will tell you that the home needs to be appraised. People usually have many questions about appraisals. The following are some of... (Read More)

Active duty and retired military members have a great benefit when it comes to purchasing a home. They can do it with NO MONEY DOWN. Being a veteran isn't the only requirement when it comes to getting a VA loan, though. The Department of Veterans... (Read More)

The appraisal is an important part of the home buying process. But what happens if the appraisal comes up short of the agreed-upon selling price? Here's an example: A home is listed for sale for $350,000. It's a multiple bidding situation, so you... (Read More)

It won’t be long before we will feel the chill of winter approaching. Is your home ready? The good news is that winterizing your home doesn't have to be costly or time consuming. With a free afternoon (or two!) and a little elbow grease, here are... (Read More)

Your credit score has more of an impact on your monthly mortgage payment than you might think. Generally, the higher your score, the lower the mortgage you may be able to qualify for. And the lower your credit score, the higher your mortgage... (Read More)

Curious about what type of information you'll need to provide about yourself if you're applying for a mortgage? Here's what we'll need from you (and a co-borrower if you have one) to get started on your loan application: —Social Security Number... (Read More)

Whether you're buying or refinancing, you have a number of choices. One of those is your loan term. While the overwhelming majority of home buyers and home owners elect to go with the 30-year mortgage, you may be wondering if a 15-year home loan... (Read More)

Year in and year out, spring and summer are the busiest home buying seasons. And each year, home buying activity starts to slow down in August and September. Many people time household moves during summer vacations and want to be settled into their... (Read More)

Do you know the difference between discount points and origination points? These are two important terms any home buyer should understand. Each type of point is equal to 1 percent of your total loan amount. For example, on a $200,000 loan, one... (Read More)