Tag: Loans

Posted on 11/03/2023
A First-Time Homebuyer's Guide to VA Loans
If you've served in the U.S. military, a VA loan might be an excellent way to finance your first home. If you're interested in using this benefit, it's important to know the steps involved. Here is a basic guide to buying your first home with a VA loan: Get Your Certificate of Eligibility A certificate of eligibility from...
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Posted on 09/08/2023
A Beginner's Guide to Loan Options Available to Veterans
For U.S. military veterans, there are many financing options available for buying a home. What's typically called simply a "VA loan" can actually mean multiple specific types of loan. Depending on your situation, you might find one more helpful than the other. Here is a basic guide to the different types of loans available to veterans: VA No-Down-Payment...
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Posted on 12/23/2022
How to buy a house with bad credit
While getting approved for a mortgage does require a good credit score, it’s not impossible to buy a house with bad credit. Even if you’re denied by conventional mortgage lenders due to not meeting a minimum credit score, there are options for financing to help you buy your dream home. Here is a basic guide to some ways...
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Posted on 12/17/2021
Basic Loan Types to Help With Your New Construction
Image by 3D Animation Production Company from Pixabay When you're dreaming of moving into a new home, you envision every detail. But before you can make this dream home a reality, you need to consider the best way to finance it. Here are a few basic home loan types to consider. FHA Loans Homeownership can be the gateway...
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Posted on 06/04/2021
House Flipping Loans: Key Factors to Keep in Mind
Photo by Karolina Grabowska from Pexels The golden rule of house flipping states that entrepreneurs should never pay over 70% of a property’s value after subtracting the cost of renovations and associated fees. Known as the “70 Percent Rule,” it sets a standard for improving the chances of turning a profit even if unexpected financial challenges arise. Few...
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