Who Can Qualify for a VA Loan?

Who Can Qualify for a VA Loan?

Do you think you might qualify for a VA Loan? Check out this blog post to see if you meet the qualifications set by the Department of Veterans Affairs. Checkout this video: General Qualifications Many veterans, active military, National Guard and Reserve members, and certain surviving spouses become eligible for a VA-backed home loan. But…

What Credit Score is Needed for a Conventional Loan?

What Credit Score is Needed for a Conventional Loan?

Find out the minimum credit score required for a conventional loan. Checkout this video: Understanding Conventional Loans A conventional loan is a type of mortgage that is not backed by a government entity, such as the Federal Housing Administration (FHA), the Department of Veterans Affairs (VA) or the Department of Agriculture (USDA). A conventional loan…

What is the Loan Term?

What is the Loan Term?

A loan’s term is the length of time you have to repay the principal and interest. The average loan term is about 10 to 15 years, but you can choose a shorter or longer loan term. Checkout this video: Introduction A loan term is the length of time over which a loan must be repaid….