Search results for “Veterans”


What is a VA Jumbo Loan?
November 15, 2021

What is a VA Jumbo Loan?

Requirements for a VA Jumbo Loan VA jumbo loans require standard property and appraisal requirements. Additionally, the home must be a primary residence and it must pass basic inspections including fo...


Maximize Your Veteran Benefits by Exploring VA Loans
January 30, 2019

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 backs loans offe...


The 2022 Guide to the VA Loan
January 10, 2022

The 2022 Guide to the VA Loan

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 Loan Refinance Guidelines
October 21, 2021

VA Loan Refinance Guidelines

Can You Refinance a VA Loan? Yes. VA-backed loan products are available for refinancing. These loans can offer quicker turnarounds because they are not dependent on the open appraisal market. They are...


How Important is Credit in the Mortgage Application Process?
April 17, 2021

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
January 28, 2022

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
November 26, 2021

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
April 7, 2022

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...


Mortgage Down Payment in 2022 - What You Need to Know
January 31, 2022

Mortgage Down Payment in 2022 - What You Need to Know

What is a Down Payment? A down payment is a percentage of the home’s purchase price that is paid in full at closing, upfront. (Hence why building up your savings is so important!) Additionally, it’s...