One advantage of the VA loan is the various types of purchases you can make with a VA loan. A VA loan can be used to purchase a single-family home, manufactured home, condominium, a multi-unit property, and even a new build. However, not all types of purchases are the...
If you are in the process of getting approved for a VA loan, your purchase property may or may not be required to undergo an inspection for wood-destroying insects. This requirement can add a significant amount of time to the loan approval process, so it is helpful to...
On average, a traditional VA home loan purchase will take 40 to 50 days to close. It is possible to close on a VA home loan in as short a timeframe as 30 days, and VeteransLoans.com is known for having some of the shortest turnaround times in the industry. However,...
A Federal Housing Administration (FHA) loan is a home mortgage guaranteed by the government and funded by a private bank or mortgage lender approved by the FHA. FHA loans are designed for borrowers with lower credit scores who might not be able to afford a larger down...
Experts are not predicting a housing market crash. Nevertheless, no one can predict the future and the housing market is susceptible to events, circumstances, and influences outside of anyone’s control. The fear of a housing market crash has raised a lot of questions...
You’re in the process of buying a new home. You’ve been pre-approved for a home loan, your offer has been accepted, and now it’s time to get serious about planning to move. With inflation on the rise and the extremely high cost of fuel, you need to save money on...