Home Buying | Military Home Loans

Home Buying

Tips & Tricks on purchasing your first home.

Veterans and service members have had the VA home loan benefit since 1944, and with millions eligible, there are still questions about what the benefits are of utilizing the VA Loan compared to other loans. We’ve put together the top 9 benefits of a VA loan to help clear up the advantages. No down payment. Eligible buyers aren’t required to have a down...
When you’re shopping for a home, choosing the neighborhood that works for you is just as important – possibly more important – as choosing the right home.  Knowing what you’re looking for is half the battle, and knowing where to look to get the information you need can help make your decision easier. Here are 8 areas to consider when selecting the right...
Is it better to rent or buy a home? It’s a question that most adults will ask themselves at one point or another. Before deciding which option works  for you, consider the following factors. There are several components to consider when deciding whether to rent or buy.  Things like your personal situation, taxes, investment opportunities, financial...
Buying a home is undoubtedly one of the most difficult decisions you’ll make. After debating the pros and cons of homeownership -- and there are many -- you’ll have a whole new set of questions that will keep you up at night. Yes, you’ll have tons of question to ask of your real estate professional. If you’re lucky, you’ll find a knowledgeable, credible...
Where do you start? When it comes to buying a home, the initial first step can be confusing. What is the first step in the home buying journey? If you’ve been wondering where to start, who to call, or how much house you should even be looking at, don’t worry. The home buying process doesn’t have to be complicated or overwhelming. It can actually be broken...
Buying a home isn’t a sprint, it’s a marathon. And before prospective buyers can embark on the long journey to homeownership, it’s important for them to figure out how much they can afford. The amount is determined through the process of a pre-approval, which is one of the most important steps when applying for a loan. Additionally, a pre-approval will also...
Fixed Rate Mortgage Find Financial Stability with a Fixed Rate Mortgage A fixed rate mortgage is the most popular loan program chosen by homeowners. If you are one of the many homeowners who desires a stable monthly interest rate and payment over the life of your loan, then a fixed rate could be the loan for you. Certainty With a fixed rate loan, it...
As you get ready to apply for your home loan, you may be wondering about mortgage interest rates. The interest rate you get on your home loan will differ according to current rates, loan types, loan terms, credit rating, and will determine your monthly payment on the loan. At some point during your home loan process you will need to lock in your interest...
When you’re ready to get a home loan, it can help to have as much information about the mortgage process as possible. That way you can take the right steps towards getting your loan, and hopefully avoid some of the more common pitfalls along the way. To help you reach your goal of homeownership, here’s a list of do's and don’ts as you start with the process...
We hear about identity theft almost daily now, sometimes from data breaches and sometimes from individual thefts. The biggest data breach in 2017 was the Equifax data breach, affecting millions of consumers. During the breach that lasted from mid-May through July, hackers accessed names, social security numbers, birthdates, and addresses as well as hundreds...
Tax season is here! If you own your own home, then make sure you are getting every deduction possible, which may make a difference in whether you can get a refund and how much. Here are some of the deductions homeowners can take advantage of. Mortgage Interest  The interest that you paid on your mortgage for the past year is tax deductible. The deduction ...
If you’re thinking about buying a home, you’ve probably crunched the numbers time and time again. Undoubtedly, you know a thing or two about the components of a mortgage payment, including the principal and interest you will pay. While it’s prudent to know about your monthly mortgage bill, there are other expenditures associated with homeownership that you’...
Buying a home is an action-filled task. The process will pull at your heartstrings, challenge your patience and, of course, impact your personal finances for many years to come. One of the keys is to minimize costs, but how? As a first-time homebuyer, you are learning about the process, which starts with getting a pre-approval. Like most home seekers, you...
Many young, single, career-focused, and financially savvy adults are realizing that buying a home is the right decision for their personal and financial goals. In fact, more than 90% of Americans believe homeownership is the first step on the road to wealth. And the U.S. government agrees. The Department of Housing and Urban Development promotes...
You finally own that home you always wanted and are benefiting from the financial perks, but with a new home comes monthly mortgage payments. You’re doing great learning to budget monthly expenses and keeping up with those payments on your largest investment - it’s not always easy to do! So why in the world would you want to pay an extra mortgage payment...