Tag: VA Loans

Posted on 06/11/2023
Assuming a VA Loan: Benefits & Drawbacks 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...
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Posted on 12/25/2022
3 Reasons to Consider Assuming a VA Loan
Assuming a VA loan can be a convenient and cost-effective way for veterans to finance a new home. By assuming a loan, the buyer can take over an existing mortgage when buying a home. Loan assumption can have numerous advantages for the buyer and seller, and is considered an often overlooked VA benefit. Here are some major reasons...
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Posted on 02/16/2020
5 Mortgage Options to Consider
Image by StockSnap from Pixabay One of the most important factors of the home buying experience is the mortgage loan you undertake. With at least eight different types, there are five that are the most common. The following types of mortgage loans are the ones held by most homeowners in the United States. 1. Conventional Mortgage A conventional...
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