There are a number of reasons homeowners seek to liquidate some of their home's equity, from bankrolling home improvement projects to paying off higher-interest debt or even funding college tuition.
Despite rising rates, surging home prices and lingering COVID-19 concerns, Veterans are hot on homebuying in 2021 and beyond.
Your VA loan is a lifetime benefit. It’s something you’ve earned that you can use over and over again, whether it’s to refinance your existing mortgage or to buy a new home.
Millennial and Generation Z Veterans helped drive the VA loan program to a record year. See which cities led the way in Veteran homebuying and experienced the biggest year-over-year gains.
The historic VA loan program backed an all-time record 1.2 million loans in Fiscal Year 2020. See which cities led the way in VA loan usage and growth year-over-year.
Getting a home loan from a mortgage lender means you’re interacting in what’s known as the primary mortgage market. Many lenders turn around and sell some or all of their loans and the right to service them to investors in what’s known as the secondary mortgage market.
Many first-time homebuyers are surprised to learn there isn't one uniform set of guidelines and requirements for a VA home loan.
Making biweekly mortgage payments can be an easy way for VA homebuyers to pay off the loan faster, reduce interest charges, and build equity.
Veterans are turning to their home loan benefit in never-before-seen numbers, driven by rock-bottom interest rates and a surge in refinance interest.
During this unprecedented homebuying season, thousands of veterans are still closing on VA home loans every single week. But two parts of the process -- the VA appraisal and home inspections -- might look a bit different for some buyers, depending on how the coronavirus is impacting their community.
Here we compare the primary differences between VA loans and conventional loans to show you when each option may be the best.
VA loans to purchase homes increased for the eighth straight year in Fiscal Year 2019, according to data released recently by the Department of Veterans Affairs.