Tag: real estate
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The difference between a great credit score and an okay credit score can mean a huge difference in the amount of money one will spend over the term of their mortgage (as well as on other credit related debts). Home buyers with higher credit scores can get better interest rates on their mortgage which adds up…
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The Department of Veteran’s Affairs (VA) Mortgage, VA mortgage for short, is a great mortgage loan available for current serving US military, reservists, Veteran’s and surviving spouses. With the VA mortgage a borrower can buy a home with no money down, no Private Mortgage Insurance (PMI), and competitive interest rates. VA mortgages are available for both first…
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When it comes to the mortgage industry there are many terms that can leave borrowers scratching their heads. As with any industry, there are several words and phrases that are used mainly by the people working in that industry. For those looking to apply for a mortgage when buying a home or those wanting to refinance their…