Home refinancing can be an effective way by which extra cash can be obtained for use of other important expenses. However, before taking advantage of this house refinancing benefit, it is best to consider the many factors that may affect your refinancing decision, beneficially or otherwise. Interests You have to make sure that you are getting only the most competitive … [Read more...]
What is the VA Home Loan Guaranty?
A VA home loan is a loan in which the VA makes a guaranty of the payment to the lender of up to 25% of the value of the purchased home. This allows the lending institution to have a certain amount of security in the repayment of the loan, and it allows the buyer to purchase the home with no money down. This service can save the homeowner as much as 20% of the purchase price … [Read more...]