Tag: Veterans

Posted on 04/12/2024
Comparing VA & Conventional Loans: What First-Time Homebuyers Should Know
You have many choices for financing your first home purchase. If you're a U.S. veteran, it might seem like an easy decision to opt for a VA loan over a conventional loan. However, understanding the major differences between the two options will help you get the best financing for your needs. Here are the basic things first-time homebuyers...
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Posted on 04/21/2023
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...
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Posted on 05/20/2022
Homeowners insurance requirements for veterans: What you should know
While VA loans come with numerous benefits, they share many of the same requirements as conventional loans. For veterans seeking a VA loan to purchase a home, it's often required to purchase a homeowners insurance policy. Here is the basic info about homeowners insurance requirements: Is homeowners insurance required for a VA loan? Just like most conventional mortgages,...
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Posted on 03/11/2022
Important Details to Know About Veteran Mortgage Relief
The U.S. government has multiple options available for military veterans who may be facing foreclosure. Through the Department of Veterans Affairs, borrowers can get financial relief through means such as forbearance, deferment, refinancing and more. However, there are some crucial details to be aware of. Here are some of the most important things to know about current veteran...
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