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VA loans: What they are and how they work
Bankrate via AOL· 6 days agoLastly, you can only use a VA loan with a primary residence; investment properties and vacation homes aren’t allowed. The property also needs to meet...
Today's 15-year and 30-year mortgage rates continue to hold steady | April 25, 2024
FOX Business· 12 hours agoThe interest rate on a 15-year fixed-rate mortgage is 6.500% as of April 25, which is unchanged from...
Common Mistakes Veterans Make When Applying for a Mortgage
The Motley Fool· 1 day agoWhile you could always apply for a conventional mortgage, you may want to consider a VA loan. With a...
Assumable mortgage: What is it and how does it work?
Bankrate via Yahoo Finance· 1 week agoKey takeaways When you assume a mortgage from a home seller, you become responsible for that loan at its existing interest rate and terms. The seller...
Best online mortgage lenders in 2024
Bankrate via AOL· 1 week agoPreapproval shows sellers that you’re a serious shopper and that you have the financial backing to bid on a home. Online mortgage FAQs What is an online...
Cash-out refinance: What it is and how it works
Bankrate via AOL· 3 days agoThe figures vary with government-backed loans. For an FHA loan cash-out refinance, you might be eligible to borrow up to 80 percent of the value of your ...
Physician mortgage loans: A mortgage option for doctors
Bankrate via AOL· 2 weeks agoSay you bought a $400,000 house. If the market corrects and the home value declines, you’d still owe...
USDA mortgage insurance: What it covers and how much you'll pay
Yahoo Personal Finance· 2 weeks agoUSDA mortgage insurance costs 1% of your loan at closing, then 0.35% of the remaining balance every...
HFA loans: Everything you need to know
Bankrate via AOL· 1 week agoNo down payment requirement. USDA loans: Only available in specific areas. No down payment requirement. HomeReady/Home Possible loans ...
What is a loan-to-value ratio?
Bankrate via Yahoo Finance· 6 days agoLoan-to-value ratio requirements by loan type There are many types of mortgages, and their specific loan-to-value ...
