Can You Transfer a Mortgage to Another Person in 2025?
When life circumstances change, homeowners can sometimes wonder if that means they can transfer their mortgage to another person. Financial hardship and divorce aren’t the only reasons; selling a home to a relative also makes transferring a mortgage seem potentially attractive. But it is not always straightforward and usually involves lender requirements and legal considerations as to […]
A Guide to Finding Your Dream Home: FHA Approved Homes for Sale in 2025
When most buyers look to buy a house, they’re usually familiar with the conventional mortgage avenues, but not all are aware of the advantages of purchasing an FHA approved home. These homes are specifically authorized for sale through the Federal Housing Administration (FHA), a division of the U.S. Department of Housing and Urban Development (HUD). Before doing so, […]
Owner-Occupied Private Mortgage Lender: The Definitive Guide in 2025
Obtaining a mortgage from banks and credit unions can be a difficult process for many homebuyers due to strict lending guidelines. That is where owner-occupied private mortgage lenders can be a vintage to the subject. This how to properly repay a home and keep it for the long term, for single-family dwellings. Explore in this article what a private […]
How to Get a GI Bill® Certificate of Eligibility in 2025
The GI Bill® Certificate of Eligibility (COE) is an essential in-document that provides proof that a veteran qualifies for GI Bill programs. This certificate is important for veterans who plan to use their educational benefits for a host of academic pursuits. For veterans and their dependents, learning how to acquire the COE, what it indicates, and how […]
Understanding the 2-1 Buydown: A Guide for Homebuyers
Purchasing a home is a big financial commitment, and mortgage rates are instrumental in how affordable that commitment is. A 2-1 buydown is a way to offset the pain of high interest rates early on, during the first few years of a mortgage. This financing plan enables homebuyers to stagger their payments before acclimating to the full-interest rate […]
VA Loan Statement of Service Guide: What You Should Know in 2025
If you are a veteran, active-duty member of the Armed Services, National Guard member or Reservist, you may qualify for a VA home loan, which is none of the best mortgage options out there. But you’ll have to submit certain documents that prove your military service to qualify. The VA loan Statement of Service  (SOS) is one […]
All You Need to Know About VA Back Pay Over $100K
For many veterans, the road to disability benefits from the Department of Veterans Affairs (VA) can be long and winding. Because it takes time for claims to be processed, veterans who qualify for benefits usually receive back pay lump sum payments equal to the period between their effective date of disability and the date their claim is […]
Joint VA Loan: Everything You Need to Know in 2025
What is a Joint VA Loan? What are Joint VA Loans and who are they intended for? While a standard VA loan is only available to military members and their spouses, a Joint VA Loan allows co-borrowers who may or may not have VA loan eligibility. This type of loan allows numerous borrowers to pool their funds to […]
Debt Consolidation for Veterans: A Path to Financial Freedom
Financial struggles can be common for some veterans as they transition into the civilian world and continue to deal with debt after debt. From credit card bills to personal loans to medical expenses, debt is easy to accumulate, and leading next to make it hard for them to stay afloat financially. Veterans struggling with multiple debts can […]
FHA Community Property States: How It Works & Effective Tips in 2025
In this article, we discuss FHA community property states, their meaning on mortgage applications, and what borrowers should keep in mind. Before you apply for a Federal Housing Administration (FHA) loan, it’s important to be aware of how community property laws impact the mortgage process. In a marriage, community property laws may affect not only a borrower’s loan […]