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Best VA loan lenders of June 2024
Yahoo Personal Finance· 7 hours agoVA loans are undoubtedly among the best bargains in home financing. Backed by the U.S. Department of Veterans Affairs and issued to borrowers with...
Are homeowners using their home equity to pay for home improvements? Do they even know they can?
Stacker via AOL· 4 weeks agoZivica Kerkez // Shutterstock Almost one-half of all mortgaged residential property owners were...
What is negative equity? A guide to underwater mortgages
Bankrate via AOL· 5 months agoKey takeaways Negative equity occurs when your home's value sinks below the amount you owe on it...
FHA loans: Definition, requirements and limits
Bankrate via AOL· 2 months agoKey takeaways An FHA loan is a type of mortgage geared toward borrowers with lower credit scores or who otherwise don't qualify for a conventional loan....
VA loan down payment: Definition and requirements
Bankrate via AOL· 2 months agoPortions of this article were drafted using an in-house natural language generation platform. The article was reviewed, fact-checked and edited by our...
Ginnie Mae revises definition of high-balance loans in new guidance
HousingWire via Yahoo Finance· 7 months agoGovernment-owned corporation Ginnie Mae announced on Wednesday that it has revised its definition...
BofA's test loan program isn't the only way to buy a house without a down payment — here's how
MoneyWise via Yahoo Finance· 2 years agoThe biggest obstacle for many first-time homebuyers is coming up with the cash for a down payment....
What Is a Piggyback Loan? What To Know If You’re Looking For a Mortgage
GOBankingRates via Yahoo Finance· 5 months agoIf you're considering buying a home and you already own one, a piggyback loan may be a viable...
Can you get a loan with fair credit? Yes — here’s how
Bankrate via AOL· 2 weeks agoKey takeaways You won’t qualify for the lowest rates if you apply for a personal loan with a fair...
What is collateral for a mortgage, and how does it work?
Bankrate via Yahoo Finance· 7 months agoKey takeaways Collateral is something that backs — or secures — a loan. It makes the loan less...