Search results for “Loan Amount”
Buying a Home With Student Loan Debt in 2022
How Do Student Loans Impact Your Finances? Your credit score is one of several factors that lenders look at when evaluating your financial profile for a mortgage. It is determined by how much debt you...
The Benefits of Using a Loan Officer for Your Mortgage
What is a Loan Officer? As James Taylor famously reminds us in his hit song written by Carole King, “Now, ain’t it good to know that you got a friend?” If you have ever experienced a complex financial...
Service Requirements for a VA Loan To find an in-depth explanation of the eligibility requirements for VA home loan programs, check out the U.S. Department of Veterans Affairs. You can find an abbrevi...
VA Jumbo Loan Limits Most lenders consider a loan to be a jumbo mortgage if the amount is above local conforming loan limits. Although VA loans don’t technically have limits on their amount, lenders e...
10 Questions for the First Meeting With Your Loan Officer
They will walk you through every step of the home loan process, from applying and submitting financial documents to closing on your home purchase, and even repaying the mortgage. But before you ever s...
Maximize Your Veteran Benefits by Exploring VA Loans
If you're eligible for veteran's benefits, you have access to a specialized class of home loan that may help your dreams of homeownership come true. The Department of Veterans Affairs guarantees loans...
Can You Qualify for a Jumbo Loan With Damaged Credit? Consider Newrez’s SmartEdge
What is a Non-Qualified Mortgage (Non-QM Mortgage)? Non-qualified mortgages = non-traditional borrower options. Non-traditional means that the qualifying guidelines and loan terms are less restrictiv...
Affordable Housing Loans: What Are the Options?
A conventional mortgage is a loan for real estate that borrowers need to apply for and repay monthly over a set number of years. However, other mortgage loan types can make buying a house easier – cue...
Tips on Home Buying with Student Loan Debt
How Do Student Loans Impact Your Finances? Your credit score is one of several factors that lenders look at when evaluating your financial profile for a mortgage. It is determined by how much debt y...