Tag: mortgage
-
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…
-
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…
-
If you invest in real estate and have a property that is cash flowing, then the DSCR loan may be right for you. DSCR stands for Debt Service Coverage Ratio and is basically a loan that is provided more based on the income of the property that is being bought (or refinanced) versus the income of…