Who is eligible for a VA Loan?

Wartime/Conflict Veterans Veterans who were NOT Dishonorably Discharged, and served at least 90 daysWorld War II – September 16, 1940 to July 25, 1947Korean Conflict – June 27, 1950 to January 31, 1955Vietnam Era – August 5, 1964 to May 7, 1975Persian Gulf War - Check with the Veterans Administration…

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What is a VA Loan?

The Veteran Administration's Loan originated in 1944 through the Servicemen's Readjustment Act; also know as the GI Bill. It was signed into law by President Franklin D. Roosevelt and was designed to provide Veterans with a federally-guaranteed home loan with no down payment. VA loans are made by private lenders…

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VA Loans

What is a VA Loan?Who Is Eligible for a VA Loan?What type of home can I buy with a VA Loan?How do I apply for a VA guaranteed loan?I have already obtained one VA loan. Can I get another one??What are the benefits of a VA Loan?What are the negatives…

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Should I choose the lender with the lowest interest rate and costs?

There are two important things to consider when choosing one lender over another one: Quality of Service – Especially for first-time homebuyers who will have many questions about the total financing process and available loan options. Finding a lender with outstanding service skills that you trust will comfortably guide you every…

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I’ve only been late a couple of times on my credit card bills. Does this mean I will have to pay an extremely high-interest rate?

Not necessarily, if you've been late with your payments less than 3-times in the past year, and the payments were no more than 30-days late, you still have a good change at getting a competitive interest rate. Most lenders will accept certain reasons for this like an illness, or job-change,…

Continue ReadingI’ve only been late a couple of times on my credit card bills. Does this mean I will have to pay an extremely high-interest rate?

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