Mortgages for All
How hard is it to get a VA loan? If you are eligible, it can be relatively easy to qualify for VA loans as there is no down payment required, no minimum creditworthiness, and no maximum borrowing amount relative to income. Why is it so hard to … [Continue reading] about What credit score do you need for NewDay USA?
Can you buy land with a VA loan? It is possible to buy land with a VA loan if the land is where a home is or will be. But you can not buy land without immediate building plans. What’s more, it can be difficult to find a VA lender who is willing to … [Continue reading] about Is NewDay a good mortgage company?
Currently, the minimum credit score for a VA loan is 660; the minimum for a USDA loan or FHA loan is 620. Is AmeriSave legit? Yes, AmeriSave is a legitimate mortgage and refinancing company. It offers a range of programs that are good loan … [Continue reading] about Is New Day USA only for veterans?
Can I buy a house with $20000 deposit? One of the most common questions we are asked is if you can buy a house with less than a 20% down payment. The answer is yes, but you will have to pay the lender for mortgage insurance and you may have to … [Continue reading] about How much is a downpayment on a 350k house?
“A typical down payment is usually between 10% and 20% of the total price. On a $12,000 car loan, that would be between $1,200 and $2,400. As far as down payment is concerned, the more you invest, the better it will be for you in the long run, as … [Continue reading] about What happens if I put 20% down on an FHA loan?