VA Rehab Loan : 6 Reasons Why You Should Consider
A VA rehab loan can also help veterans update or renovate their homes to meet new needs or to accommodate a disability. If you’ve been considering a home equity loan or a cash out refinance loan, a VA rehab loan might better suit your financial situation. One of the best experiences about military service is […]
Key Features and Benefits of the VA One Time Close Construction Loan
Many Veterans, active-duty service members and eligible surviving spouses realize the dream of owning or building their family’s first home with a VA One-Time Close (OTC) Construction loan. The unique thing about this strong financial tool is that it covers all steps of the building operation part, such as purchasing land, construction financing and in […]
Get a Rehab Loan to Enhance Your Current Home: Your Guide to Financing Major Improvements
The home you live in now isn’t just four walls. But with time, the most adored of primary residences may need a major investment be it to fix an aging foundation, put in a modern heating and cooling system or get that dream kitchen you’ve always fantasized about. Traditional methods of financing, such as personal […]
VA Loan: The Complete Guide by Security America MortgageÂ
VA loan program When it comes to shopping for a VA loan then it’s important that you’re efficient with your time. As the CEO of Security America Mortgage, I value your time. Our loan officers are highly trained on all types of VA loans. We are honored to serve those who served and we love […]
VA Land Loans: Can You Buy Land With a VA Loan
No, you cannot use a VA loan to purchase vacant land. VA home loans are only available for buying existing homes, and the VA handbook forbids the use of VA loans to buy “unimproved land with the intent to improve it in the future”. That means you cannot use a VA loan if you are […]
VA Construction Loan Rates: What Borrowers Need to Know
Creating the home of your dreams is an exciting process, though it also involves making important financial decisions. Rates are one of the most critical factors for any borrower with a VA construction loan. The rates on your VA construction loan impact everything from how much goes out of your bank account each month to […]
Single Close Construction Loan: A Smart Way to Build Your Dream Home
Creating your ideal home from the bottom up is a thrilling adventure, though it doesn’t come without complicated financing. Traditional construction loans provide for two separate loans, the first for the building phase and a second for a permanent mortgage once the home is built. This translates into multiple approvals, separate closings and twice as […]
Loan to Buy Land and Build House: A Complete Guide
For a lot of would-be homeowners, the dream isn’t buying a pre-existing structure, but having one built from scratch that’s perfectly in line with their lifestyle. Unlike a regular mortgage that is used to purchase home which is already built and can be occupied as soon as you have title, getting a loan to buy […]
How Does a Construction Loan Work When You Own the Land?
Building the home of your dreams feels like a dream come true, but when it comes to funding that home, you might feel there’s more “dream” left than reality-especially if you already own the land. Among them: How a construction loan works when you own the land; and whether it simplifies the loan process. The […]
Construction Loans in California: A Complete Guide
A home in the state of California is the dream of many people. Family, Veterans and Investors homes for sale in California from the coastal beaches, to the mountains and the busy cities. But purchasing an existing home isn’t the only way to become a homeowner in the Golden State. Building a new home in […]