Tag: Homebuyer

Posted on 02/28/2024

How to Know if You're Eligible for a VA Loan

A loan from the U.S. Department of Veteran Affairs can be an excellent choice for financing a home purchase. While VA benefits are generally reserved for veterans, there are a few exceptions with mortgage programs. Here are some other ways you could be eligible for a VA loan: Active Duty Fortunately, you don't have to have served in...

Active Duty

Eligibility

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Posted on 11/30/2022

Essentials for day of closing: A homebuyer's guide

The day of closing is the goal at the end of a long and complex homebuying journey. Like every step of the process, closing on a new home has multiple smaller steps and variables to prepare for. Luckily, there are some simple ways to get ready for the closing process. Here are the most important things you should...

Agent

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Posted on 10/19/2022

FHA Loan: What to Consider When Applying for One

If you're in the market for your first home, there's a good chance you'll need to take out a mortgage. One of the most popular mortgage types (especially for first-time buyers) is known as a Federal Housing Administration (FHA) loan. What is an FHA Loan? Specifically, an FHA loan refers to one that is backed and insured by...

FHA

Fha

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Posted on 09/07/2022

Getting preapproved for a mortgage: The basics

Getting preapproved for a mortgage is an essential part of the home-buying process. While it’s possible to wait before securing your financing, there are major benefits to getting preapproval early. For more information about preapproval, here are the basics to consider: When to get preapproval It’s recommended that would-be homebuyers obtain a preapproval letter from a mortgage lender...

Buying

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Posted on 06/22/2022

Home Inspection: What to Expect When Buying Your First Home

Are you buying your first home? If so, don't skip out on your opportunity to have a home inspection done before you close. By having a better understanding of what home inspections are and what they entail, you can protect yourself as a first-time homebuyer. What Does a Home Inspection Entail? A home inspection involves hiring a professional...

First

First Time

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Posted on 01/19/2022

Assuming a VA Loan: Pros & Cons to Consider

Assuming a loan allows you to take over the mortgage of another homeowner. Doing so allows you to skip the long, expensive process of applying for a brand new mortgage. While there's still paperwork involved, it can be a very convenient option. Assuming a VA loan has its own set of specific pros and cons for military buyers...

Assuming Loans

Homebuyer

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Posted on 09/26/2021

What Are Bridge Loans and When to Use One

Photo by Karolina Grabowska from Pexels When you're buying a new construction home, you may be in a situation where you can't sell your existing home until the new one is complete. This can cause added financial stress, but it doesn't have to. Bridge loans are specialized loans that can eliminate this added pressure. Here are a few...

Bridge Loans

Home Building

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