We might earn a commission if you make a purchase through one of the links. The McClatchy Commerce Content team, which is independent from our newsroom, oversees this content. VA loans, backed by the ...
VA loans are known to have lower closing costs compared to conventional mortgages. But how much should you expect to pay at the closing table? And can you roll these costs into the principal balance ...
While serving your country, you and your family get uprooted every few years and shipped off to some new town, where you must find yet another place to live. The job conveys some great perks but does ...
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VA vs. FHA Loan: Requirements and Costs
VA loans and FHA loans both aim to make homeownership more accessible, but they serve different groups and have distinct rules. VA loans, backed by the Department of Veterans Affairs, are available to ...
Military life isn't always easy, so when active-duty members and veterans have the opportunity to take advantage of service-related perks, those perks are at least worth looking into, right?
As previously reported, in November 2022 the Department of Veterans Affairs (VA) issued a proposal to update its rules for interest rate reduction refinancing loans (often referred to as “IRRRLs”) to ...
Make sure to tap into your home equity using a VA cash-out refinance for the right reasons, such as making home renovations and repairs or consolidating high-interest debt. Think twice before using a ...
The rate on a 30-year fixed refinance slipped to 6.34% today, according to the Mortgage Research Center. The 15-year, fixed-rate refinance mortgage average rate is 5.36%. For 20-year mortgage ...
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