December 2018

Found 2 blog entries for December 2018.

How to Buy a Home with a 203k LoanHome buyers have many options available to them when they want to purchase a property. When a home buyer tries to purchase a property that needs to be renovated, the buyer's loan options become somewhat limited. Understanding the 203k loan and how it can help purchase a property that needs to be renovated is important. Here's what you need to know.

For informational purposes only. Always consult with a licensed mortgage professional before proceeding with any real estate transaction.

What Is a 203k Loan?

A 203k loan is an FHA backed loan that allows the home buyer to borrow money for the purchase and renovation of the home. 203k loans are different from standard FHA loans because standard FHA loans require the home to be in move-in ready

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All About VA Loans and Different Types of MortgagesVeterans Affairs (VA) loans are a popular mortgage among active and veteran members of the United States Armed Forces. It is one type of mortgage among many available to home buyers. However, what many people don’t realize when initially researching VA loans is that there are multiple different types of VA loans that can help different types of home buyers. Here is an explanation of the different types of VA loans, what they do, and who benefits from using them.

For informational purposes only. Always consult with a licensed mortgage professional before proceeding with any real estate transaction.

Purchase Loans

The main loan that most people think of when people think of when they hear “VA loan.” Purchase loans are the most general and

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