Search results for “Veterans”
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...
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...
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 Refinance and VA Cash-Out Refinance: A Guide
VA loans are home loans designed with freedom in mind. As a military homebuyer, you have mortgage options with special benefits that you can leverage to achieve your homeownership dreams and financial...
How Important is Credit in the Mortgage Application Process?
Your Credit History Your credit report is a representation of your last seven years of financial activity. It shows lenders how you have managed past accounts and how you are currently handling debt. ...
Mortgage 101: A Beginner’s Guide to Mortgages
A mortgage can seem complicated, but Newrez is here to help you feel confident in the mortgage process from start to finish. Check out some of the most common mortgage questions below so you’ll be rea...
Mortgage Loan Types, Credit Score, and more: 5 Tips to Get the Best Mortgage Rate
Consider a Fixed-Rate Mortgage Fixed-rate mortgages are the most common loan option among borrowers. The rate stays the same throughout the life of the loan, meaning the monthly mortgage payment does...
Guide to Government Home Loans in 2022
What is a Government Backed Mortgage? A government backed mortgage is a loan that is insured by the U.S. federal government. There are many different types, each with their own specific requirements a...
Millennials: The Future of Homeownership?
The millennial generation is the largest in the United States, and they are starting to enter the housing market in large numbers. The majority of Millennials in fact are now homeowners, with 52% of t...