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Category: Mortgage Loans

Texas Foreclosure Laws and Procedures
Blog

What are the Texas Foreclosure Laws?

Texas foreclosure laws grant borrowers rights during the foreclosure process. Here are the lists of Texas foreclosure laws: the right to receive notice of default

How much is the VA funding fee?
Blog

How Much is the VA Funding Fee?

The VA Funding Fee is approximately 2.3% for first-time use of their entitlement and 3.6% for subsequent use (if applicable). These percentages can vary depending

Mortgage-backed security vs Jumbo mortgage
Mortgage Loans

Mortgage-Backed Security vs Jumbo Mortgage

How does a Mortgage-backed security compare to Jumbo mortgage? Loans with a total greater than the existing Freddie Mac and Fannie Mae conforming loan limit

Who can apply for a Section 502 Loan?
Mortgage Loans

Who can apply for a Section 502 Loan?

The following criteria must be met to apply for a Section 502 Loan: Borrowers must be without access to decent, safe, and sanitary housing Borrowers

Surviving Spouses VA Loans
Mortgage Loans

Can Surviving Spouses Get VA Loans?

Yes, Surviving Spouses can get a Veteran Affair Loan. A Veterans Affairs Loan is a mortgage loan that can be obtained through the Department of

Credit History Affect An FHA Loans
Mortgage Loans

Does My Credit History Affect An FHA Loans?

Yes, if your credit score is below 580, you aren’t always eligible for a personal FHA loan. Applicants with poorer credit ratings will be required

National Guard Members Eligible For A VA Loan
Mortgage Loans

Are the National Guard Eligible for a VA Loan?

Yes, some VA benefits are available to National Guard members and all Reserve personnel who were released or discharged under circumstances other than dishonor. Your

United States Department of Veterans Affairs
Mortgage Loans

United States Department of Veterans Affairs

At the 170 VA medical facilities and outpatient clinics spread across the nation, the United States Department of Veterans Affairs (VA), an executive branch agency

GI Bill
Mortgage Loans

What is the G.I. Bill?

The Servicemen’s Readjustment Act of 1944, also known as the G.I. Bill, was a legislation that offered a number of benefits to some of the

Avoid PMI in Texas
Mortgage Loans

How to avoid PMI in Texas

You can avoid PMI in Texas by making a down payment that is at least one-fifth of the home’s purchase price, or 80 percent of

rural housing service
Mortgage Loans

Rural Housing Service

Rural Housing Service Definition Rural Housing Service (RHS) is one of its departments (USDA). situated in the Department’s mission region for rural development. RHS runs

Agricultrual subsidy
Mortgage Loans

Agricultural Subsidy

Agricultural Subsidy Definition An agricultural subsidy (also called an agricultural incentive) is a government incentive paid to agribusinesses, agricultural organizations and farms to supplement their