image via: maxpixel.netA company that provides financial services to current military personnel, veterans and their family members can play an important part in the lives of the people it serves. USAA, founded the United Services Automobile Association, began as a company that provided automobile insurance policies to active duty military officers. It has expanded to […]
How Long Does It Take To Buy A House
Image by thepropertygeeksBuying a house can seem like a daunting task, especially for new home buyers. The steps to buying a house can seem complicated, beginning with research mortgage options and ending with closing where keys are finally exchanged. What are those steps? How long does it take to buy a house? Knowing what to expect […]
HARP Loan: How It Worked & Everything You Should Know
The federalized Home Affordable Refinance Program (HARP loan) is a refinance program that targets underwater homeowners. It was introduced in 2009 and allows mortgage loan borrowers with or without a fraction of the equity to refinance into cheaper home loans without additional insurance. HARP target borrowers with a loan-to-value (LTV) ratio that is equal to […]
5 Things You Should Know About Conventional Loan
The first thing you must do when you’re ready to purchase a new home is secure a mortgage. It’s called pre-qualification, and it’s an essential first step. Without a lender’s pre-approval letter, you may not be able to shop for a new home. Some sellers won’t accept offers from buyers who don’t have a prequalification […]
10 Best Interest Rates
Image source: homebuyercafe.netA savings account is the best place to store money you aren’t using for day-to-day expenses, especially when you’re saving for something big. Savings accounts keep your savings separate from your daily finances, are secure, and if picked right will help your money grow. Whether you’re saving up for a new house or […]
How to Buy a Foreclosure: Our Step By Step Guide
When looking at how to buy a foreclosure, there are a couple of things you should consider. Foreclosures are usually listed well below the market value, but buying homes that have been foreclosed on require some extra effort. Before we look at how to buy a foreclosure, let us look at what a foreclosure is. […]
Bank of America Mortgage Rates Today
Bank of America is one of the “top four” mortgage lenders in the country. This group of lenders, whose other members include NP Morgan Chase, Wells Fargo and Quicken Loans, currently serves almost 15 percent of America’s mortgage borrowers. Bank of America offers a variety of mortgage packages, including variable-rate and fixed-rate mortgage plans. Bank […]
Best Mortgage Rates For Your Dream Home
Buying a home is a big goal for many people, and whether it’s your very first home or your third home, it’s an exciting event. But, while buying a new home is a huge accomplishment, getting there can be a challenge, especially for finding the best mortgage rates. To make finding the right mortgage for […]