Buying a home with your VA mortgage eligibility is most likely the largest purchase you will make in your lifetime. Unless you have just recently won the lottery or have a very generous rich uncle, you will need to qualify for a mortgage. When you begin to research lender options, knowing how to choose can be difficult. What is the difference between a local lender, mortgage lender, mortgage banker or credit union? And what do those variations mean to you as the consumer? Working with a local lender that comes recommended from your real estate agent, friend or next door (5 comments)
Did you know that there is a very real possibility that you can actually own a home for less than what you're paying in rent? You may hear people say buying a home will help you pay less in taxes. That and so many other benefits are reason enough to look at the steps to homeownership and using your VA benefits. First foremost, lets take a look at your comfort levels for a monthly payment. A simple way to determine how much of a mortgage payment you can afford is to draft a simple monthly budget. 1. List your monthly income (4 comments)
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Louise Thaxton NMLS 69996
Military Mtg Specialist - 866-960-9115 VA FHA USDA