Have you been affiliated with the military and are you looking to buy a home or refinance in Texas? The VA Home Loan Program is receiving $6 billion in funding this year so this is an excellent time for you to consider a VA home loan. VA home loans are ideal for young families and first time home buyers since the borrower can finance 100% of the home’s value and purchase with $0 down. Is there any other loan program available that can offer these benefits? The answer is no.

Filed under: Home Equity, Home Mortgages, Mortgage Industry, Mortgage Rates, New Home Purchase, Real Estate, Refinance | 2 Comments »

On March 4, 2009, President Barack Obama announced a $75 billion mortgage rescue plan providing affordable mortgage terms for countless American at-risk homeowners.

Filed under: Home Equity, Home Mortgages, Mortgage Industry, Real Estate, Refinance | No Comments »

You’ve completed your loan application and submitted it to your mortgage broker. Now you’re anxiously awaiting the home appraisal. What is an appraisal anyway and what does the appraiser mean to you and that mountain of paperwork you just completed?

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