horizon lending services: What Is A VA Loan? - 01/17/18 06:19 PM
The Department of Veterans Affairs (VA) offers appealing home loan options to qualifying service veterans. However, there are some strict requirements that must be met before a veteran can qualify for a VA loan. Once qualified, though, VA loans can offer many benefits and advantages for borrowers.
 
Requirements
There are a few groups who qualify for VA loans. These groups include: veterans, active-duty personnel, reservists, National Guard members, and some surviving spouses. Within these groups, certain criteria has to be met.
If a person in one of these groups has a suitable credit score and income level, along with a valid COE (Certificate of … (0 comments)

horizon lending services: Reverse Mortgages for Seniors in Collin County Texas - 01/02/17 11:05 AM
How does a Reverse Mortgage work in Collin County Texas?Reverse Mortgages, as the name implies, means the lender makes monthly disbursements to the homeowner. This can be extremely helpful, in particular for those that find their current monthly mortgage too constricting.
 
Lending companies do not carry many requirements for reverse mortgages, they do however require that the potential borrower be at least 62 years of age, own the home that they look to borrow against, and that the loan be paid back upon the following: the sale of the home, the borrower moving out of the home, or the passing of … (0 comments)