Tag: mortgage insurance
Good news! Mortgage insurance premiums on FHA loans are set to decrease by 0.25% on Federal Housing Administration–insured mortgage loans that close on or after Jan. 27.
More often than ever, today’s veterans are taking advantage of VA home loans. With zero down payment, no mortgage insurance, and flexible standards for credit, VA loans are, hands down, the best loan available on the market. Because of these reasons, if you know someone who is veteran or has some military affiliation, it may be worthwhile to explore VA loans as a possible road to homeownership.