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Understanding VA Closing Costs

As a veteran or service member who’s ready to embark on your home ownership journey, the first step is to consider your financing options. The Department of Veterans Affairs (VA) guarantees home loans for veterans and service members to help achieve home ownership goals. While VA loans are similar to conventional mortgage loans, there are some notable

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What is a 2-1 Buydown Loan and How Does It Help Homebuyers?

Today’s mortgage rates are hovering right around the historic median of 7.5%. But after a decade of exceedingly low rates, the recent increases are causing some homebuyers to find creative ways to secure a lower rate. Some buyers are paying mortgage points upfront to reduce their mortgage rates. Others are opting for an adjustable-rate mortgage (ARM) rather than fixing their

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