mortgages: VA Loans Offer Zero Down and No Monthly Mortgage Insurance
- 03/29/15 05:46 AM
VA loans offer very attractive benefits for our veterans and active military members and eligible spouses. Whether clients are first-time buyers or re-using VA benefits, this flexible, low-cost loan can accommodate a variety of situations. Highlights include: 100% financing on purchases up to VA county loan limits* No monthly mortgage insurance required** Flexible credit with FICO as low as 580*** Low interest rate loans Loan amount to $2 million**** Many veterans don’t know that the VA allows multiple uses of the benefit. For example, if the borrower had a VA loan and paid off that loan or sold the home, they … (2 comments)
mortgages: Perspective: Problem in Housing 2011
- 10/22/11 02:31 PM
by LC Wong Oct 16 2011 A fellow colleague of mine, Logan Mohtashami at Benzinga.com, had asked me what I thought the problem in housing was and what could be done to fix the housing problem and his query inspired this response: The biggest problem in housing involves many issues in our economy. First, banks are not lending and the reason for that is because borrowers are not able to qualify due to tight lending requirements and home equity deteriorating. Banks are also not lending because of the imposed Basel III reserve requirements and the Dodd-Frank Act as this article mentions about … (6 comments)
VA loans offer very attractive benefits for our veterans and active military members and eligible spouses. Whether clients are first-time buyers or re-using VA benefits, this flexible, low-cost loan can accommodate a variety of situations. Highlights include:
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