VA Loans: Are They Assumable?

Members of the military, their family members, and veterans have access to a unique mortgage option called a VA loan. This can be a strong option because it provides borrowers with an opportunity to purchase a house for less than 20 percent down. While not everyone is...

How Do You Actually Write The Check To Buy A House?

After you have found the right house to meet your needs, you need to make the down payment to complete the transaction. Can you show up at the closing table with a suitcase full of cash? Of course, that would be a bit suspect, so that is not actually how it happens....

House Poor: What It Means And How To Avoid It

There is a good chance you have heard someone described as being house poor. What exactly does it mean? It is important to understand what it means to be house poor and how you can stay away from it. House Poor Means Spending A Significant Chunk Of Your Income On...

Are Firefighter Mortgages Legit?

As a firefighter, you put your life on the line every day. You are there when people need you the most, and you might be wondering how you can finance a home. Even though the housing market has gotten expensive, there are special programs that firefighters can take...

How To Finance A Home Renovation

The housing market continues to be very competitive, so you may have to be a bit more flexible with what you are looking for. For example, you may come across a home that is not quite perfect, but it has a lot of the features that you need. In that case, you may be...